308 Greendale Road, Whoberley, Coventry, West Midlands CV5 8LY

Description

Three-bedroom mid-terrace bungalow with conservatory requiring improvements, located off Allesley Old Road and Brookside Avenue in an established residential area.

Location

308 Greendale Road, Whoberley, Coventry, West Midlands CV5 8LY. Full-postcode coordinates are used for mapping rather than the wider postcode district.

Investment Analysis

Investment Snapshot

Strategy Recommendation

Initial strategy: BRRR / Buy-to-Let. The guide is a starting point; set the maximum bid only after reviewing the legal pack, tenure, condition, finance and comparable evidence.

Works Required

Obtain a survey and contractor quotations. Allow for services testing, compliance, decoration and any structural, roofing, damp, kitchen, bathroom, external, common-parts or conversion works identified.

Rental & Market Context

Published tenancy income is used where the auctioneer provides it. Otherwise HB rental and value ranges are indicative and should be verified with current local letting and sold evidence.

Sold within 5m radius

Check recent HM Land Registry transactions and closely matched local comparables for type, size, tenure and condition before fixing GDV.

Potential BRRR Position

Refinance potential depends on completed condition, lender valuation, tenure and rental stress testing. Non-standard construction, multi-unit, commercial and development assets may require specialist lending.

Flip Analysis

Indicative gross spread before transaction and finance costs is approximately £-16,250–£42,000. This is not profit and excludes SDLT, auction/legal fees, finance, holding costs, professional fees, contingency, selling costs and tax.

Investor Risks & Due Diligence

• Read the complete legal pack and special conditions

• Verify tenure, occupancy, planning and title restrictions

• Inspect condition and obtain contractor quotations

• Confirm finance and insurance availability

• Verify rents and recent sold comparables

• Allow for administration fee, buyer's premium and legal-pack disbursements

Recommendation

Proceed only where verified total project cost supports the intended brrr / buy-to-let strategy with adequate contingency and margin.

Strategy Rating

Buy-to-Let: ★★★★☆ | BRRR: ★★★★☆ | Flip: ★★★☆☆