25, Ure Bank Top, RIPON, North Yorkshire, HG4 1JD

Description

Freehold two bedroom terrace house. Full vacant possession. 3D Tour available.

Accommodation

First floor: Two bedrooms. Ground floor: Two reception rooms, kitchen, bathroom/WC. Outside: Front and rear garden.

Location

The property is located on Ure Bank Top. Shopping amenities are available locally within Ripon City Centre. Public transport links are provided by a network of local bus services serving the surrounding areas. The property is served by road links including the A61 and the A6108. Recreational pursuits are available at Paddies Park.

Tenure / Property Information

Investment Analysis

Five completed sales on Ure Bank Top range from £116,000 to £225,000, with a median of £162,500. The evidence does not provide comparable bedroom counts, floor areas or condition, so £162,500 is an indicative base GDV only; the observed evidence range is used for low and high scenarios.

Investment Snapshot

Strategy Recommendation

Investigate only as a potentially low-entry refurbishment or resale opportunity, subject to viewing, legal review, contractor pricing, rental evidence and confirmation of all special-condition fees. Do not rely on the base GDV without property-specific condition and size verification.

Works Required

No condition or defect schedule is supplied. Obtain a viewing, survey and contractor quotations before bidding. Confirm the condition of the kitchen, bathroom, heating, EPC-related items, internal finishes and gardens rather than assuming works are required.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £70,000 guide, the known purchase price plus the £1,800 contract documentation fee is £71,800 before any seller fees, works, finance, tax and other acquisition costs. A 75% refinance against the indicative £162,500 base GDV would be £121,875, but total project cost and cash left in cannot be calculated without works and remaining costs.

Buy-to-Let Analysis

BTL yield cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is provided. The property is vacant, but achievable rent, operating costs and any required works remain unverified.

Flip Analysis

The indicative base GDV is £162,500, based on the median of the supplied completed sales. A flip surplus cannot be calculated because refurbishment costs, selling costs and potentially applicable seller fees are not supplied. The wide comparable range and absence of condition evidence create substantial resale uncertainty.

Investor Risks & Due Diligence

• The five comparable prices vary materially from £116,000 to £225,000.

• Comparable bedroom counts, floor areas and condition are not provided.

• No sufficiently specific rental evidence is available, preventing yield analysis.

• The property is EPC band E and no heating details are supplied.

• Refurbishment requirements and costs are unknown.

• The seller may charge additional completion fees under the special conditions.

• Parking availability is unconfirmed.

• The £1,800 contract documentation fee is payable by the buyer.

Recommendation

Investigate only as a potentially low-entry refurbishment or resale opportunity, subject to viewing, legal review, contractor pricing, rental evidence and confirmation of all special-condition fees. Do not rely on the base GDV without property-specific condition and size verification.

Strategy Rating

Analysis Confidence

Completed same-street sales are available, but bedroom count, floor area and condition of the comparables are unknown. There is no rental evidence, refurbishment budget, survey information or full fee schedule.