22 Shellfield Road, Southport, Merseyside PR9 9UR

Description

A Vacant Two Bedroom duplex flat. A two bedroom duplex flat comprising of lounge, fitted kitchen, and under-stairs storage to the ground floor with access to a rear garden. There are two generously sized bedrooms and a large family bathroom to the first floor and a small room to the second floor which is suitable for storage or a home office. There is a drive to the front of the property suitable for parking. The property is located close to local amenities, schools and public transport links.

Accommodation

Ground floor: lounge, fitted kitchen and under-stairs storage, with access to a rear garden. First floor: two bedrooms and a large family bathroom. Second floor: small room suitable for storage or a home office.

Location

Located close to local amenities, schools and public transport links.

Tenure / Property Information

Investment Analysis

The £100,000 guide price is below the supplied Shellfield Road completed-sale range of £54,000–£260,000, but the evidence is not sufficiently comparable: the sales are described mainly as semi-detached houses or ‘Other’, rather than duplex flats. No evidence supports a reliable GDV or market value for this specific property. The stated buyer administration charge would be £2,750 at the guide price, subject to the £3,600 minimum; therefore the percentage charge applies. Disbursements and other possible costs are unknown.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Obtain the legal pack, a physical survey, a duplex-specific valuation and rental evidence; proceed only if the resulting all-in cost supports the intended strategy.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain a full survey and inspect the fitted kitchen, bathroom, garden, drive, roof/second-floor room, services and EPC-related items before budgeting works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment is not supported because neither a reliable GDV, refurbishment allowance, market rent nor total project cost is available. The supplied house comparables are insufficiently specific for a duplex flat. Confirm valuation, survey findings, legal title and refinance criteria before proceeding.

Buy-to-Let Analysis

BTL cannot be underwritten from the supplied evidence because no sufficiently specific rental comparable or auctioneer rent estimate is provided. Gross yield, operating surplus and a maximum bid cannot therefore be established. The property is vacant and has a current EPC rating of D.

Flip Analysis

A flip appraisal cannot be reliably calculated. The supplied completed sales range is broad and not demonstrably comparable to this vacant two-bedroom duplex. No supported refurbishment budget, resale GDV or selling-cost allowance is available.

Investor Risks & Due Diligence

• No sufficiently specific rental evidence, so rental income and yield cannot be established.

• The supplied sold comparables are not clearly comparable duplex flats and span a wide price range.

• Property condition and refurbishment requirements are not evidenced.

• Buyer administration costs are subject to a £3,600 minimum, with possible additional disbursements and other legal or transfer costs.

• Legal-pack matters, including any title or property-specific restrictions, have not been supplied.

• Heating details are not supplied.

• Vacant possession is stated, so there is no evidenced passing rent.

Recommendation

Do not bid on the current evidence alone. Obtain the legal pack, a physical survey, a duplex-specific valuation and rental evidence; proceed only if the resulting all-in cost supports the intended strategy.

Strategy Rating

Analysis Confidence

The property description, tenure, vacancy, guide price, EPC and fee basis are supplied, but there is no specific rent, condition survey, refurbishment budget or directly comparable duplex-flat sale evidence.