20 Wellington Road, Ilkley, West Yorkshire, LS29 8HR

Description

Freehold three-bedroom terrace house. Full vacant possession.

Accommodation

First floor: Three bedrooms, shower room/WC. Ground floor: Reception room, kitchen, conservatory. Outside: Rear garden.

Location

The property is located on Wellington Road. A comprehensive range of shops, bars and restaurants found in Ilkley Town Centre and within Leeds City Centre located to the south east. Public transport links are available at Ilkley Rail Station along with a network of local bus services serving the surrounding areas. The property is served by road links including the A65 and the A660. Recreational pursuits are available locally at Ilkley Pool and Lido.

Tenure / Property Information

Investment Analysis

Five supplied completed sales on Wellington Road range from £210,000 to £315,000, with an average of approximately £286,000 and a median of £300,000. A base GDV of £300,000 is used, but the evidence does not confirm comparable floor areas, condition, extensions or parking, so the range is indicative only.

Investment Snapshot

Strategy Recommendation

Proceed only subject to satisfactory viewing, survey and review of the auction legal pack and special conditions. Do not rely on the guide price or GDV without establishing condition, costs and resale or rental demand.

Works Required

No specific refurbishment works are supported by the supplied evidence. Confirm condition, EPC improvement requirements, heating, parking and any defects through inspection and the legal pack before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £300,000 base GDV, 75% refinance proceeds would be £225,000. However, refurbishment cost, rent, finance costs and total acquisition cost are unsupported, so cash left in and BRRR viability 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 property is vacant, but achievable rent, operating costs, finance costs and refurbishment requirements remain unknown.

Flip Analysis

The supplied sales indicate potential resale value around £210,000–£315,000, with a £300,000 base case. Flip surplus cannot be calculated because works, total project costs, selling costs and any seller-charged completion fees are unknown.

Investor Risks & Due Diligence

• No sufficiently specific rental evidence is available, preventing reliable BTL yield analysis.

• EPC is rated E, but the scope and cost of any improvement works are unknown.

• Comparable sales vary materially from £210,000 to £315,000 and do not include floor areas or condition details.

• Parking and heating information requires confirmation from the auction centre.

• Seller-charged completion fees may apply under the special conditions and are not quantified.

• Six-week completion creates a short funding and due-diligence timetable.

Recommendation

Proceed only subject to satisfactory viewing, survey and review of the auction legal pack and special conditions. Do not rely on the guide price or GDV without establishing condition, costs and resale or rental demand.

Strategy Rating

Analysis Confidence

The property description, tenure, occupancy, guide price, buyer charge and five nearby completed sales are supplied, but there is no size, condition, rental evidence, refurbishment budget or complete fee schedule.