17 Bramble Close, Plymouth, Devon

Description

A two-bedroom property in Plymouth. The accommodation briefly comprises a sitting room, kitchen/diner, two bedrooms and a bathroom. Externally the property benefits from a garage, off road parking and front and rear gardens.

Accommodation

Sitting Room; Kitchen/Diner; Bedroom One; Bedroom Two; Bathroom

Location

Plymouth, Devon

Tenure / Property Information

Investment Analysis

Same-close sold evidence ranges from £202,500 to £350,000, but bedroom counts, condition and specification are not supplied. The £350,000 sale is materially higher and may not be directly comparable. A cautious base GDV of £210,700 uses the latest lower-value evidence; this remains indicative only.

Investment Snapshot

Strategy Recommendation

Proceed only after confirming condition, legal-pack disbursements, comparable specification and achievable rent. Do not rely on the £350,000 comparable without proof of comparability.

Works Required

No specific defects or required works are evidenced. Obtain a survey and review the legal pack before budgeting refurbishment.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £125,000 guide, the known premium and administration charge bring the evidenced purchase figure to £126,800 before works and other costs. A 75% refinance against the indicative £210,700 base GDV is £158,025, but total project cost and cash left in cannot be calculated without works, finance and other-cost evidence.

Buy-to-Let Analysis

No sufficiently specific rental evidence or auctioneer rent estimate is supplied, so rent and yield cannot be established. The £1,800 stated buyer premium and administration charge are payable in addition to the £125,000 guide, before any other disbursements.

Flip Analysis

The indicative base GDV is £210,700, but refurbishment costs, selling costs and other project costs are unsupported. A reliable flip surplus and maximum bid cannot therefore be calculated.

Investor Risks & Due Diligence

• No specific condition or refurbishment information is supplied.

• No sufficiently specific rental evidence is available.

• Comparable sale values vary substantially and may not be directly comparable.

• Additional legal-pack disbursements and special-condition costs may apply.

• EPC rating is stated as TBC.

Recommendation

Proceed only after confirming condition, legal-pack disbursements, comparable specification and achievable rent. Do not rely on the £350,000 comparable without proof of comparability.

Strategy Rating

Analysis Confidence

Recent same-close sales are available, but bedroom/specification details, condition, rental evidence, EPC, works costs and full purchase costs are missing.