18 Wolseley Road, Great Yarmouth, Norfolk NR31 0EJ

Description

This three-bedroom end terrace property is in need of a full refurbishment throughout.

Accommodation

The property is believed to comprise two reception rooms and a kitchen to the ground floor, along with three bedrooms, WC and a bathroom to the first floor. There is also an attic room within the loft space. The total floor area is shown as 128 m2.

Tenure / Property Information

Investment Analysis

The closest evidence is on the same road: £115,000 at 27 Wolseley Road in May 2026 and £150,000 at 13 and 129 Wolseley Road in June and September 2026. Older sales range from £82,500 to £92,500. Given the subject property is described as requiring full refurbishment and no comparable specifications or condition details are provided, £150,000 is used as a cautious base GDV, with £115,000 as a low scenario. This remains an indicative estimate rather than a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack and obtaining a detailed refurbishment budget, building inspection and resale assessment. Do not rely on the guide-to-GDV difference alone. BTL is not assessable from the supplied rental evidence.

Works Required

Full refurbishment throughout, as stated in the description. The available evidence does not specify individual defects, required building works, services condition or finish standard, so no more detailed scope or cost allowance can be supported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £79,000 guide, the buyer premium is £1,200 because the 1.2% calculation is below the stated minimum. A 75% refinance of the £150,000 base GDV would be £112,500. However, refurbishment costs, other possible auction disbursements and finance costs are unknown, so total project cost and cash left in cannot be calculated.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The full refurbishment requirement also means the property's letting condition and final rental specification are unknown.

Flip Analysis

The base GDV indication is £150,000, but refurbishment costs and any supported resale allowance are unavailable. A reliable flip surplus, maximum bid or profit margin therefore cannot be calculated. The apparent gap between the £79,000 guide and GDV should not be treated as profit before these unknown costs.

Investor Risks & Due Diligence

• Full refurbishment is stated but the scope, condition and cost are not provided.

• No sufficiently specific rental evidence is available, preventing yield assessment.

• Comparable sale prices range from £82,500 to £150,000 and their condition, size and accommodation are not supplied.

• Legal-pack disbursements and other special-condition charges may be payable but are unknown.

• The attic room is described as accommodation, but no evidence confirms its status or suitability for use as a bedroom or habitable space.

Recommendation

Proceed only after reviewing the legal pack and obtaining a detailed refurbishment budget, building inspection and resale assessment. Do not rely on the guide-to-GDV difference alone. BTL is not assessable from the supplied rental evidence.

Strategy Rating

Analysis Confidence

There are several recent same-road completed sales and clear tenure, size and refurbishment information, but no rental evidence, detailed comparable specifications, refurbishment costs, inspection findings or complete purchaser disbursements.