30 Southfields Way, Tunbridge Wells, Kent

Description

An end-terrace house now in need of refurbishment and situated in an established residential area. Gardens to front, side and rear.

Accommodation

Ground Floor: Entrance hall, kitchen, dining room and living room at rear. Landing: Three bedrooms and bathroom with W.C. Outside: Gardens to front, side and rear.

Location

Situated in an established residential area in Tunbridge Wells, Kent.

Tenure / Property Information

Investment Analysis

Five same-street freehold terraced sales range from £305,000 to £378,000, with a median of £340,000. These sales provide a useful GDV proxy, but bedroom count, condition, accommodation and specification are not supplied, so the estimate is indicative only. The property is described as needing refurbishment, but no quantified works scope is available.

Investment Snapshot

Strategy Recommendation

Potential refurbishment-led resale, subject to survey, detailed works pricing and confirmation of all auction charges. Do not rely on the headline GDV spread alone.

Works Required

Refurbishment is required, but the evidence does not identify specific defects or provide a scope of works. Obtain a survey and contractor quotations before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £340,000 base GDV, 75% refinancing equates to £255,000. Cash left in cannot be calculated because refurbishment, purchase-related charges and total project cost are unavailable. The strategy requires confirmed works costs and finance terms.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Refurbishment costs and additional auction charges are also unknown.

Flip Analysis

There is an indicative gap between the £198,000–£200,000 guide and the same-street comparable range, but no supported refurbishment allowance, selling costs or full purchase costs are available. A reliable flip surplus or maximum bid therefore cannot be calculated.

Investor Risks & Due Diligence

• Refurbishment scope and cost are not quantified.

• Comparable sales do not include bedroom, accommodation or condition details.

• No sufficiently specific rental evidence is available.

• Administration, search, other non-optional fees, Stamp Duty, Land Registry fees and VAT may apply.

• The indicative GDV is not a formal valuation.

Recommendation

Potential refurbishment-led resale, subject to survey, detailed works pricing and confirmation of all auction charges. Do not rely on the headline GDV spread alone.

Strategy Rating

Analysis Confidence

Same-street completed sales support an indicative GDV range, but bedroom and condition details for comparables, refurbishment costs, rent, fees and property-specific technical information are missing.