22 Lower Chase Road, Malvern

Description

A Vacant Freehold Mid Terraced Property, currently being used as a Holiday Let

Accommodation

Ground Floor: Two reception rooms, Kitchen, WC. First Floor: Landing, Two bedrooms, Bathroom/WC. Outside: Gardens.

Location

The property stands back from the road behind a foregarden and is conveniently located within walking distance to Great Malvern Train station and local amenities.

Tenure / Property Information

Investment Analysis

The strongest evidence is the same-road completed sales at £182,000 for No. 18 on 19 March 2026 and £185,000 for No. 20 on 19 September 2025. The older £243,000 sale at No. 24 from 2021 is less directly relevant, while No. 22 previously sold for £166,000 in 2019. A supported base GDV of £183,500 is therefore used, with a low/high evidence range of £182,000–£185,000. This is an estimate, not a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only subject to legal-pack review and inspection. The guide appears below the recent same-road evidence, but the absence of rental, condition, works and full-cost information means the property should not be underwritten as a BTL, BRRR or flip without further evidence.

Works Required

No specific defects or required works are evidenced. Before bidding, undertake legal, structural, services, heating, electrical, damp, insurance and holiday-let compliance checks. Any cleaning, redecoration or remedial works should only be budgeted after inspection and evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the estimated £183,500 base GDV, 75% refinance proceeds would be approximately £137,625. However, total project cost cannot be calculated because refurbishment costs, finance costs, taxes and any additional special-condition costs are unsupported. BRRR feasibility therefore cannot be confirmed.

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 and currently described as being used as a holiday let, but no passing rent or holiday-let income evidence is provided.

Flip Analysis

The estimated resale value is approximately £183,500, supported mainly by the recent £182,000 and £185,000 same-road sales. A flip surplus cannot be calculated because refurbishment costs, selling costs and other project costs are not evidenced. At the £150,000 guide, the known £2,700 administration charge already brings the purchase-related outlay to at least £152,700 before other costs.

Investor Risks & Due Diligence

• No sufficiently specific rental evidence is available, so rental yield and BTL affordability cannot be assessed.

• The property is described as being used as a holiday let, but no holiday-let income, compliance or operating-cost evidence is supplied.

• No condition survey or refurbishment specification is provided.

• Additional special-condition costs are unknown and may be payable on completion.

• The £2,700 administration charge is payable at the fall of the gavel or end of the online auction, with stamp duty and government taxes excluded.

Recommendation

Proceed only subject to legal-pack review and inspection. The guide appears below the recent same-road evidence, but the absence of rental, condition, works and full-cost information means the property should not be underwritten as a BTL, BRRR or flip without further evidence.

Strategy Rating

Analysis Confidence

Recent same-road completed sales provide useful GDV evidence, but there is no rental evidence, condition survey, refurbishment budget, selling-cost allowance, finance information or complete special-conditions cost schedule.