18 Warrens Road, Clenchwarton, King's Lynn, Norfolk PE34 4AR

Description

A two bedroom semi-detached bungalow requiring modernisation in the village of Clenchwarton. This semi-detached bungalow requires modernisation and is located in the village of Clenchwarton. The property which offers great potential briefly comprises lounge, kitchen, two bedrooms and wet room. Outside there is a small garden to front and good sized garden to rear.

Accommodation

Lounge, kitchen, two bedrooms and wet room

Location

The village of Clenchwarton offers a general store, post office and Public House and is located approximately 4 miles from Kings Lynn which has a mainline railway station with links to Cambridge and London Kings Cross.

Tenure / Property Information

Investment Analysis

Same-road completed sales range from £170,000 to £276,000, with a median of £210,000. The evidence does not provide bedroom counts, sizes, condition or bungalow comparability, so £210,000 is a cautious indicative base GDV rather than a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only subject to legal-pack review, a detailed refurbishment quotation and independent valuation. Do not rely on the apparent guide-to-GDV discount without those checks.

Works Required

Modernisation of the lounge, kitchen, two bedrooms and wet room. The supplied evidence does not specify the required extent or cost of works. EPC improvement may also require consideration, but no specific measures are evidenced.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A low guide price relative to the indicative comparable evidence may provide potential BRRR headroom. However, refurbishment cost, achievable rent, finance costs and total acquisition costs are unavailable, so refinance feasibility and cash left in cannot be established.

Buy-to-Let Analysis

BTL assessment cannot be completed because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Buyer premium and admin charge are known, but refurbishment and other potential disbursement costs remain unquantified.

Flip Analysis

The indicative base GDV is £210,000, but refurbishment costs and selling costs are unsupported. A reliable flip surplus or maximum bid cannot therefore be calculated.

Investor Risks & Due Diligence

• Comparable sales are not confirmed as two-bedroom bungalows or equivalent in condition.

• Modernisation scope and cost are unknown.

• No reliable rental evidence is available.

• Additional legal-pack disbursements may be payable.

• EPC rating is E and required improvement measures are unspecified.

Recommendation

Proceed only subject to legal-pack review, a detailed refurbishment quotation and independent valuation. Do not rely on the apparent guide-to-GDV discount without those checks.

Strategy Rating

Analysis Confidence

Same-road completed sales and purchase fees are supplied, but the comparables lack bedroom, size and condition detail; rent, works costs, occupancy and potential disbursements are unavailable.