30 Hazelwood Road, Hazel Grove, Stockport, Cheshire, SK7 4LZ

Description

A Vacant Two Bedroom Semi Detached House. The property comprises a two bedroom semi detached house arranged over ground and first floors.

Accommodation

Ground Floor: Reception Room, Kitchen. First Floor: Two Bedrooms, Bathroom.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Torkington Park are within easy reach. Transport links are provided by Hazel Grove rail station.

Tenure / Property Information

Investment Analysis

Same-road Land Registry sales range from £187,000 to £246,500, with the latest supplied sale at £220,000 in January 2025. The comparables are all semi-detached and leasehold, but bedroom count, floor area and condition are not provided, so the base GDV is an indicative midpoint rather than a formal valuation.

Investment Snapshot

Strategy Recommendation

Conditional BTL/BRRR appears attractive at the guide because of the low entry price relative to same-road sales, but only proceed after reviewing the legal pack, inspecting condition and validating Hazel Grove rent. Treat the guide as an opening figure rather than an assured purchase price.

Works Required

No specific defects or refurbishment requirements are supplied. Allow for inspection-led repairs, decoration or upgrading only if identified, with the EPC currently rated D. No quantified works allowance can be supported from the evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the guide price and known administration charge only, total cost is £101,800 before works, disbursements, finance and tax. A 75% refinance against the £220,000 base GDV would be £165,000, indicating £63,200 cash released before those excluded costs. This is highly conditional on the auction price, valuation, lease/legal-pack review and any works requirement.

Buy-to-Let Analysis

At the supplied £1,150 pcm advertised asking rent proxy, annual gross rent is £13,800. This equates to 13.8% gross yield on the £100,000 guide and 13.6% on the guide plus the known £1,800 administration charge. The rental evidence is from Reddish rather than Hazel Grove and is an asking rent, so achieved rent and operating costs remain unverified.

Flip Analysis

The supplied same-road sales support a GDV range of £187,000 to £246,500, with £220,000 as the base case. The apparent margin before works, selling costs, finance and tax is £118,200 against the guide plus known administration charge, but a reliable flip surplus cannot be calculated because works and selling allowances are unsupported.

Investor Risks & Due Diligence

• The auction purchase price may exceed the £100,000 guide.

• The rental evidence is a single advertised asking rent in Reddish, not Hazel Grove, and is not an achieved rent.

• Comparable sales do not provide bedroom count, floor area or condition, limiting GDV reliability.

• No property condition detail or refurbishment cost evidence is supplied.

• Buyer disbursements are unspecified and may become payable under the legal pack.

• Leasehold terms beyond the stated 999-year lease, including any charges or restrictions, are not supplied.

• Refinance proceeds depend on a lender valuation and eligibility, not solely on the comparable-sales estimate.

Recommendation

Conditional BTL/BRRR appears attractive at the guide because of the low entry price relative to same-road sales, but only proceed after reviewing the legal pack, inspecting condition and validating Hazel Grove rent. Treat the guide as an opening figure rather than an assured purchase price.

Strategy Rating

Analysis Confidence

There are several same-road completed sales and a known guide/admin charge, but comparable bedroom sizes and condition, actual property condition, achieved local rent, disbursements and refurbishment costs are not supplied.