3 Bramley Road, Snodland, Kent

Description

A mid-terrace house situated close to the town centre of this popular village, now in need of refurbishment and modernisation.

Accommodation

Ground floor: living room, kitchen/dining room, rear lobby and bathroom. First floor: two bedrooms. Outside: forecourt garden and garden to rear.

Location

Close to the centre of Snodland and railway station.

Tenure / Property Information

Investment Analysis

The five supplied completed sales on Bramley Road range from £175,000 to £300,000. The two most recent sales were £280,000 and £300,000, while earlier sales were £175,000, £197,000 and £245,000. Bedroom count, internal size, condition and specification are not supplied for the comparables, so direct adjustment is not possible. An indicative scenario range of £245,000 to £300,000 is used, with £280,000 as the base GDV estimate; this is not a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack, obtaining a full refurbishment survey and pricing all works and auction charges. Do not rely on the apparent GDV margin until condition and costs are verified.

Works Required

Refurbishment and modernisation are required, based on the auction description. The supplied evidence does not identify specific defects, services, finishes or structural issues, so no detailed scope or cost can be supported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

The indicative base GDV is £280,000, implying a theoretical 75% refinance amount of £210,000. A BRRR assessment cannot be completed because refurbishment costs, buyer/admin costs, finance costs and achievable rent are unknown. The guide midpoint is £192,500 before any additional costs.

Buy-to-Let Analysis

BTL cannot be assessed reliably because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Refurbishment costs, EPC, heating and parking information are also incomplete, so neither rent nor yield can be established.

Flip Analysis

A potential resale range is indicated by the supplied completed sales, with a base GDV of £280,000. However, refurbishment costs, non-optional auction charges, selling costs and taxes are not supplied, so a reliable flip surplus and maximum purchase price cannot be calculated.

Investor Risks & Due Diligence

• Refurbishment scope and cost are unknown.

• Comparable sales vary materially and lack bedroom, size and condition details.

• No reliable rental evidence is available, so BTL yield cannot be established.

• Administration and other non-optional auction fees may be payable but are unspecified.

• EPC, heating and parking information are not supplied.

• Stamp Duty, Land Registry fees and VAT may also be payable.

Recommendation

Proceed only after reviewing the legal pack, obtaining a full refurbishment survey and pricing all works and auction charges. Do not rely on the apparent GDV margin until condition and costs are verified.

Strategy Rating

Analysis Confidence

There are several recent same-road completed sales and clear tenure, occupancy and accommodation details, but the comparables lack bedroom, size and condition data. Rental evidence, refurbishment costs, EPC, heating, parking and auction charges are incomplete.