32 Ernest Clark Close, Willenhall, WV12 4DY

Description

A vacant freehold semi detached property.

Accommodation

Ground Floor: Hall, Two Reception Rooms, Kitchen, Understairs Store. First Floor: Landing, Three Bedrooms, Bathroom, Separate WC. Outside: Gardens.

Location

A semi detached property standing back from the road behind a foregarden.

Tenure / Property Information

Investment Analysis

No completed sold comparables or formal valuation evidence is supplied, so GDV and market value cannot be reliably estimated. The £995 pcm evidence is an advertised asking rent for a 3-bed house in Ashmore Avenue, Wolverhampton WV11, rather than an achieved rent for this property in WV12.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack, inspecting the property and validating local achieved rents and sold values. On the current evidence, treat it as a due-diligence opportunity rather than an underwritten BTL, BRRR or flip.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain a full inspection and review the legal pack before budgeting for works; only general maintenance or improvement costs identified by that process should be allowed.

Rental & Market Context

Potential BRRR Position

BRRR analysis is not supportable because no GDV, refurbishment budget or completed comparable evidence is supplied. The known £2,700 administration charge is payable in addition to the purchase price, while further special-condition costs and taxes are unknown. Refinance capacity therefore cannot be calculated.

Buy-to-Let Analysis

Using the sole advertised asking-rent reference of £995 pcm gives indicative gross rent of £11,940 per year and a headline 62.84% yield against the £19,000 lower guide. This is not an achieved rent, is from WV11 rather than the subject WV12 address, and excludes voids, management, maintenance, finance, tax and purchase costs. A reliable BTL yield on total cost cannot be established because works, additional legal-pack costs and taxes are unknown.

Flip Analysis

A flip surplus cannot be calculated because there is no supported GDV, refurbishment allowance or selling-cost allowance. The property is vacant and freehold, but the evidence does not establish its condition or resale value.

Investor Risks & Due Diligence

• No completed sold comparables or formal valuation evidence is supplied.

• The only rental evidence is an advertised asking rent, not an achieved rent, and relates to WV11 rather than the subject WV12 address.

• Property condition and refurbishment requirements are not evidenced.

• The £2,700 administration charge is payable in addition to the purchase price.

• Additional special-condition costs, stamp duty and government taxes are unknown and excluded.

• Vacant possession means there is no established passing tenancy or rental income.

Recommendation

Proceed only after reviewing the legal pack, inspecting the property and validating local achieved rents and sold values. On the current evidence, treat it as a due-diligence opportunity rather than an underwritten BTL, BRRR or flip.

Strategy Rating

Analysis Confidence

The evidence confirms tenure, vacancy, accommodation, guide range and administration charge, but provides no sold comparables, condition survey, GDV, refurbishment costs, achieved rent, detailed fees or special-condition information.