23 Station Road, Flimby, Maryport, Cumbria CA15 8QN

Description

A mid terraced house situated in this village between Maryport and Workington. A good residential investment property with sitting room, dining kitchen, utility room, two bedrooms and first floor bathroom.

Accommodation

Ground Floor: Vestibule; Sitting Room 13'9 x 11'6; Dining Kitchen 13'6 x 12'9; Utility Room 12'6 x 4'6. First Floor: Front Bedroom 13'9 x 11'9; Rear Bedroom 12'9 x 8'9; Bathroom 9'3 x 4'9.

Location

Situated in this village between Maryport and Workington. What3words location: ///dentristry.airfields.yelled

Tenure / Property Information

Investment Analysis

The supplied guide is £35,000–£45,000 plus fees. No completed-sale comparables, rental evidence, condition survey or formal valuation are supplied, so market value and GDV cannot be reliably estimated.

Investment Snapshot

Strategy Recommendation

Do not bid on investment assumptions alone. Review the legal pack, lease, survey, costs and local rental evidence before considering a purchase within the guide range.

Works Required

No specific defects or required works are evidenced. Obtain a survey and legal pack; assess the stated accommodation, bathroom, kitchen, utility room and services before budgeting.

Rental & Market Context

Potential BRRR Position

BRRR analysis is not supportable without a reliable GDV, rent, refurbishment budget, lease details and finance assumptions. The £1,500 minimum administration charge applies, with possible additional disbursements and other legal costs.

Buy-to-Let Analysis

The property is described as a residential investment, but no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Rental income and yield cannot be established.

Flip Analysis

A flip appraisal cannot be completed because there are no completed-sale comparables, condition-based works budget or supported resale value. Buyer fees and potential disbursements would also reduce any margin.

Investor Risks & Due Diligence

• No rental evidence or passing rent is supplied.

• No completed-sale comparables or formal valuation are supplied.

• Condition, required works and services are unconfirmed.

• Lease length, ground rent and other lease terms are not supplied.

• Additional disbursements, search fees, seller costs, legal fees and transfer fees may apply.

• The administration charge is subject to a £1,500 minimum, with no buyer premium stated.

Recommendation

Do not bid on investment assumptions alone. Review the legal pack, lease, survey, costs and local rental evidence before considering a purchase within the guide range.

Strategy Rating

Analysis Confidence

Only the property description, guide range, tenure and stated administration charge are supplied; GDV, rent, condition, comparables, lease terms and other costs are unconfirmed.