26 Broadhurst Road, Easthouses, Dalkeith, Midlothian

Description

The subjects comprise an end terrace bungalow.

Accommodation

Ground Floor: Entrance Hallway, Lounge, Kitchen, Two Bedrooms, Bathroom.

Location

The property is located in a commuter location set towards Edinburgh’s south eastern boundary. The subjects are located in a popular residential area with local amenities and facilities within close proximity.

Investment Analysis

The evidence identifies a two-bedroom end-terrace bungalow with a £130,000+ auction guide, but provides no completed-sale comparables, rental evidence, condition survey or formal valuation. The guide is not sufficient to establish market value or GDV. Buyer premium at the guide is £1,860, being 1.2% subject to the stated minimum.

Investment Snapshot

Strategy Recommendation

Do not underwrite as a BTL, BRRR or flip without a viewing, completed-sale evidence, rental evidence and review of the special conditions. Treat the £130,000+ guide only as an auction starting point.

Works Required

No specific works are supported by the evidence. A physical inspection and review of the legal and property information would be required before identifying or costing works.

Rental & Market Context

Potential BRRR Position

BRRR analysis cannot be established because GDV, refurbishment cost, rent, tenure and occupancy evidence are unavailable. A refinance calculation cannot be supported.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is provided. Operating costs, tenure and occupancy are also unknown.

Flip Analysis

A flip appraisal cannot be established because there are no completed-sale comparables, condition-based works allowance or supported GDV. The guide price plus the known minimum buyer premium does not establish a viable resale margin.

Investor Risks & Due Diligence

• No completed-sale comparables are provided, so market value and GDV cannot be supported.

• No sufficiently specific rental evidence or auctioneer rent estimate is provided, so yield and rental affordability cannot be assessed.

• Property condition and refurbishment requirements are unknown.

• Tenure, occupancy, lease, EPC, council tax, parking and heating information are not supplied.

• Additional fees may apply under the Special Conditions of Sale.

• The £130,000+ guide is not a formal valuation and the minimum 10% deposit requirement affects auction funding requirements.

Recommendation

Do not underwrite as a BTL, BRRR or flip without a viewing, completed-sale evidence, rental evidence and review of the special conditions. Treat the £130,000+ guide only as an auction starting point.

Strategy Rating

Analysis Confidence

Only basic property description, location, guide price and minimum buyer premium are supplied. Key valuation, rental, condition, tenure, occupancy and cost evidence is absent.