23 Primrose Road, Dover, Kent

Description

An end-terrace property located a short distance from Aldi and Morrisons supermarket and with the town centre beyond. Dover has a popular sea port, cross channel ferries and mainline railway station at Dover Priory. This modern house has double glazed windows and gas heating system via radiators.

Accommodation

Ground floor: entrance hall with stairs to first floor, kitchen and living room with door to courtyard garden. First floor: landing, two bedrooms and bathroom with W.C.

Location

Located a short distance from Aldi and Morrisons supermarket, with Dover town centre beyond. Dover has a popular sea port, cross channel ferries and mainline railway station at Dover Priory.

Tenure / Property Information

Investment Analysis

Recent completed sales on Primrose Road range from £126,000 to £152,500, with three sales at £126,000–£127,000 and two higher sales at £143,000 and £152,500. The comparables do not provide bedroom, size or condition details, so a precise valuation is not possible. Given the subject is a modern two-bedroom house with parking, an indicative evidence-based range is £126,000–£143,000, with £132,000 used as the base GDV. The guide range is broadly aligned with the lower comparable evidence.

Investment Snapshot

Strategy Recommendation

Proceed only as a cautious owner-occupier or long-term residential purchase after legal, condition and fee due diligence. Do not rely on BTL, BRRR or flip returns without verified rent, survey costs and all auction charges.

Works Required

No specific defects or refurbishment requirements are evidenced. Allow for inspection, safety checks and any legally or practically necessary works identified before exchange; no numeric refurbishment allowance is supported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A 75% refinance against the £132,000 base GDV would provide an indicative £99,000. Total project cost cannot be calculated because refurbishment costs and applicable buyer, administration and other fees are unspecified. The available refinance would therefore not demonstrate full capital recovery at the guide range.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is provided. The guide price is close to several local completed sales, leaving limited evidenced margin before purchase costs and any works.

Flip Analysis

The evidence does not support a reliable flip calculation. At the guide midpoint of £129,500, the purchase price is close to the lower local sales evidence, while higher comparables may reflect differences in size, condition or specification that are not supplied. Selling costs and project costs are also unavailable.

Investor Risks & Due Diligence

• Comparable sales lack bedroom, floor-area and condition details, limiting valuation accuracy.

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

• Administration, search, other non-optional fees, Stamp Duty, Land Registry fees and VAT may be payable but are not quantified.

• No survey evidence is supplied to confirm condition or identify required works.

• The higher comparable prices may not be directly comparable to the subject property.

Recommendation

Proceed only as a cautious owner-occupier or long-term residential purchase after legal, condition and fee due diligence. Do not rely on BTL, BRRR or flip returns without verified rent, survey costs and all auction charges.

Strategy Rating

Analysis Confidence

There are several recent same-road completed sales and clear basic property information, but comparable bedroom, size and condition details, rental evidence, refurbishment costs and auction fees are unavailable.