27 & 27A Amersham Hill, High Wycombe, Buckinghamshire HP13 6NU

Description

A substantial 3 floor plus basement Victorian semi-detached house currently divided into two units. Potential to increase rental yield. Scope to convert basement and eaves storage space into rooms/potential flats conversions subject to planning.

Accommodation

27 Amersham Hill: Ground floor entrance with front door and stairs to first floor. First floor: 2 bedrooms, lounge, kitchen, bathroom, separate w.c. Second floor: 2 bedrooms, box room, large eaves storage space. 27A Amersham Hill: Basement approximately 285 sq.ft. Ground floor: entrance hallway, lounge, kitchen, utility, separate w.c., 2 bedrooms with shower cubicles. Outside: gardens.

Location

Situated in a prime location within a short walk of the mainline railway station with fast commuter service to London Marylebone, and the town centre. Junction 4 of the M40 can be found at Handy Cross with access to London, M25, Oxford and Birmingham.

Tenure / Property Information

Investment Analysis

The only supplied sold comparables are historic 2006 and 1996 transactions, with two apparently duplicative 2006 entries. They do not provide reliable current evidence for the value of this six-bedroom semi-detached property, particularly given its division into two units and possible basement/eaves conversion potential. A current GDV cannot be established from the supplied evidence.

Investment Snapshot

Strategy Recommendation

Do not underwrite a BTL, BRRR or flip purchase from the supplied evidence alone. Proceed only after obtaining current valuation evidence, tenancy schedules, planning advice, refurbishment quotations and full special conditions.

Works Required

Investigate the existing two-unit arrangement and assess the feasibility of converting the basement and eaves storage into additional rooms or flats, subject to planning and all required consents. No works-cost evidence or confirmed defects has been supplied.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed reliably without current rent, refurbishment costs, a supported post-works GDV and confirmation that any additional conversion is permissible. The basement and eaves opportunity is expressly subject to planning, creating material feasibility risk.

Buy-to-Let Analysis

The property is currently let on Assured Periodic Tenancies, but no passing rents or sufficiently specific rental comparables are supplied. BTL income and gross yield therefore cannot be established. The £550,000+ guide and £2,700 buyer premium are known, but refurbishment, other charges and operating costs are unknown.

Flip Analysis

A flip assessment cannot be supported because there is no current GDV evidence, no refurbishment budget and no supported selling-cost allowance. The historic comparable data is insufficient for a current resale valuation.

Investor Risks & Due Diligence

• No sufficiently specific rental evidence or passing-rent schedule is supplied.

• Basement and eaves conversion potential is subject to planning and may not be achievable.

• No refurbishment-cost evidence is supplied.

• The supplied comparable sales are historic and include apparently duplicative entries.

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

• Additional fees may be payable under the Special Conditions of Sale.

• The property is currently let on Assured Periodic Tenancies, so vacant possession and tenancy arrangements require verification.

Recommendation

Do not underwrite a BTL, BRRR or flip purchase from the supplied evidence alone. Proceed only after obtaining current valuation evidence, tenancy schedules, planning advice, refurbishment quotations and full special conditions.

Strategy Rating

Analysis Confidence

Current market comparables, rent evidence, works costs, tenure details, EPC, operating costs and full fee information are absent; the supplied sales evidence is historic and limited.