204 Broadway, Urmston, Manchester

Description

One bedroom bungalow. Benefitting from a shared communal garden. Well located for the amenities of Urmston. In need of modernisation. Vacant.

Accommodation

Ground Floor - Reception Room, Kitchen, Bedroom, Shower Room/WC

Location

The property is situated in a prominent position within Urmston town centre, offering excellent access to a wide range of local amenities, including supermarkets, independent shops, cafés and restaurants. The surrounding area benefits from a variety of leisure facilities, with Eden Square shopping centre providing further retail and everyday conveniences. Nearby green spaces include Broadway Park and Davyhulme Park, offering opportunities for outdoor recreation. Urmston railway station provides regular connections to Manchester city centre and surrounding areas, while the nearby M60 motorway offers convenient road links across Greater Manchester and the wider North West. Transport National Rail - Chassen Road (northern)

Tenure / Property Information

Investment Analysis

The supplied sold comparables do not provide reliable evidence of value for this property: one is a £465,000 detached house and two are recorded as Other at £11,200 and £6,794. None is a specific one-bedroom bungalow comparable. The £135,000 guide is therefore not independently supported by the supplied evidence. Buyer fees and any applicable VAT are also unspecified.

Investment Snapshot

Strategy Recommendation

Do not set a bid or proceed on the supplied figures alone. Obtain a physical inspection, a local valuation for a one-bedroom bungalow, a rental appraisal and the full buyer-fee schedule before bidding.

Works Required

The description supports a general modernisation project, but does not specify the condition or required scope of works. A proper inspection is needed before costing any works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed without an evidence-supported GDV, refurbishment budget, achievable rent and acquisition-cost information. The available sales evidence is not comparable enough to support a refinance valuation.

Buy-to-Let Analysis

BTL economics cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate has been supplied. Works costs, buyer fees and other acquisition costs are also unknown.

Flip Analysis

A flip appraisal cannot be completed because there is no suitable comparable GDV evidence, no defined refurbishment budget and no supported selling-cost allowance. The supplied comparables should not be used as direct valuation evidence.

Investor Risks & Due Diligence

• No sufficiently comparable sold evidence supports the guide price or a GDV.

• The scope and cost of the stated modernisation are unknown.

• No supported rental evidence is available, so yield cannot be calculated.

• Buyer premium, VAT applicability and other acquisition costs are unspecified.

• The property has a shared communal garden, with no further information supplied about the relevant arrangements or costs.

Recommendation

Do not set a bid or proceed on the supplied figures alone. Obtain a physical inspection, a local valuation for a one-bedroom bungalow, a rental appraisal and the full buyer-fee schedule before bidding.

Strategy Rating

Analysis Confidence

The property description, tenure and vacancy are supplied, but there is no specific valuation comparable, rental evidence, condition schedule, refurbishment cost, EPC, council tax, parking, heating or complete fee information.