19 Swan Close, Stafford

Description

A vacant freehold detached bungalow.

Accommodation

Ground Floor: Hallway, Two Reception Rooms, Kitchen, Bathroom/ WC, Two Bedrooms, Store. Outside: Driveway, Gardens and Garage.

Location

A detached property, standing back from the road behind a driveway and foregarden.

Tenure / Property Information

Investment Analysis

The supplied sold comparables are detached freehold properties on Swan Close but are in Talke, Stoke-on-Trent/Newcastle-under-Lyme rather than Stafford, and no bedroom, size or condition details are provided. Their £105,000–£184,000 range is therefore insufficient to establish a reliable GDV for this bungalow. The only confirmed acquisition figures are the £40,000+ guide and £2,700 buyer administration charge; additional legal-pack costs, taxes and refurbishment requirements are unknown.

Investment Snapshot

Strategy Recommendation

Proceed only after confirming condition, legal-pack costs, local valuation and achievable rent. On the supplied evidence, avoid setting a firm bid or assuming the apparent guide-price yield is sustainable.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain a full inspection and review the legal pack before budgeting for works. The property has gas central heating, an EPC rating of D, driveway, gardens and garage, but their condition is not stated.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be quantified because no reliable Stafford GDV, refurbishment budget or refinance valuation is supported by the evidence. The £2,700 administration charge is known, while additional completion costs and any works remain unknown. Do not rely on the remote sold comparables without local valuation evidence.

Buy-to-Let Analysis

The £795 pcm figure is an advertised asking rent associated with Stafford rental evidence, not an achieved or property-specific rent. At the £40,000 guide, this equates to an indicative gross yield of 23.85% before the £2,700 administration charge, finance, maintenance, voids, management, insurance and taxes. A dependable BTL assessment cannot be completed without verified local rent and condition costs.

Flip Analysis

A flip surplus cannot be calculated. The available sold comparables are in a different town and lack sufficient property detail, while refurbishment costs, selling costs and a reliable Stafford resale value are unavailable.

Investor Risks & Due Diligence

• Condition and refurbishment requirements are not disclosed.

• The sold comparables are from Talke/Stoke-on-Trent rather than Stafford and lack size, bedroom and condition details.

• The £795 pcm figure is an advertised asking rent and is not confirmed for this property.

• Additional costs in the special conditions, stamp duty and government taxes are not supplied.

• The property is vacant, so there is no passing rent or established occupancy income.

Recommendation

Proceed only after confirming condition, legal-pack costs, local valuation and achievable rent. On the supplied evidence, avoid setting a firm bid or assuming the apparent guide-price yield is sustainable.

Strategy Rating

Analysis Confidence

The tenure, vacancy, accommodation, guide price and administration charge are stated, but there is no inspection evidence, refurbishment budget, reliable same-location comparable evidence, verified property-specific rent, GDV or complete fee schedule.