31 Whitehead Lane, Huddersfield, West Yorkshire, HD4 6AE

Description

Elevated two bedroom mid terrace property enjoying a pleasant open aspect to the front and convenient location close to town. Sold with a tenant in situ currently paying £462 pcm (£5,544 per year). The current tenant is in rent arrears totalling £1,832 as of October 2026. Auction House have not internally inspected the property.

Accommodation

Entrance hallway, kitchen, living room, first floor landing, two bedrooms and three piece bathroom. Outside there is a patio area to the front and garden to the rear.

Location

Convenient location close to town; pleasant open aspect to the front.

Tenure / Property Information

Investment Analysis

The supplied Land Registry comparables on Whitehead Lane range from £60,000 to £123,000, but sales are dated 2009–2020 and property specifications, condition and adjustments are unavailable. The most recent comparable sold for £60,000 in September 2020. No reliable current GDV can therefore be established, particularly as the subject property has not been internally inspected.

Investment Snapshot

Strategy Recommendation

Do not bid on a refurbishment or flip basis without an internal inspection, tenancy and arrears review, legal-pack review and confirmation of all additional completion costs. If pursuing, treat it only as a cautiously assessed income purchase at a price reflecting arrears and unknown condition.

Works Required

No specific works can be supported because the property has not been internally inspected. An inspection, review of the tenancy and assessment of the kitchen, bathroom, services, external areas and general condition are required before budgeting works.

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 because current market value, refurbishment cost and refinance value are unsupported. The existing rent and 999-year lease are potentially relevant, but arrears, unknown condition and unknown lender treatment of the tenancy require investigation.

Buy-to-Let Analysis

The stated rent is £462 pcm, equivalent to £5,544 per year, producing a gross yield of 11.09% against the £50,000 guide price before works, finance, taxes and other costs. However, the tenant is reported to be £1,832 in arrears and the rent is not being received in full, so the headline yield should not be treated as dependable cash flow. No external rental comparables were identified.

Flip Analysis

A flip appraisal cannot be supported. The available sales are historic, vary materially from £60,000 to £123,000, and there is no internal inspection, current GDV evidence, refurbishment budget or supported selling-cost allowance.

Investor Risks & Due Diligence

• Tenant rent arrears of £1,832 as of October 2026 may reduce actual income and require recovery or possession action.

• Auction House has not internally inspected the property, leaving condition and refurbishment costs unknown.

• No sufficiently specific external rental comparable was identified.

• Historic sold comparables span £60,000 to £123,000 and are not sufficiently current or detailed to establish present value.

• Buyer/admin costs are incompletely specified, with a 1.5% charge subject to a £2,100 minimum and potentially further legal, search, transfer and other fees.

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

Recommendation

Do not bid on a refurbishment or flip basis without an internal inspection, tenancy and arrears review, legal-pack review and confirmation of all additional completion costs. If pursuing, treat it only as a cautiously assessed income purchase at a price reflecting arrears and unknown condition.

Strategy Rating

Analysis Confidence

The guide price, stated rent, arrears, tenure and historic local sales are supplied, but there is no internal inspection, current rental evidence, EPC, current valuation, refurbishment estimate or complete fee schedule.