23, Flixton Road, BUNGAY, Suffolk, NR35 1HQ

Description

Three bedroom semi detached house, Full refurbishment required, Potential for extension Description Three bedroom semi detached house in need of full refurbishment and to be sold with vacant possession. The property sits on a corner plot and has the potential for extension to the side or rear subject to obtaining the appropriate permission. It also has the added benefit of a garage to the rear offering additional storage and off road parking. Flixton Road is a popular street situated a short distance from the centre of Bungay offering easy access to the local amenities. Accommodation Entrance Hall, Lounge, Kitchen, Pantry, Bathroom, Landing, Bedroom 1, Bedroom 2, Bedroom 3 Tenure: Freehold EPC Rating: TBC Council Tax Band: B Viewings: By arrangement with our Joint Auctioneers William H Brown, Bungay. Tel: 01986 894608

Location

Property located at 23, Flixton Road, BUNGAY, Suffolk, NR35 1HQ.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£15,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆