32 Larksfield Avenue, Bournemouth, BH9 3LP

Description

This semi-detached house sits towards the end of a cul-de-sac, in a popular residential suburb of Bournemouth. With off-road parking to the front and an extensive rear garden, the property would benefit from some modernisation and refurbishment, following which it is considered ideal for resale into the local marketplace. Although not visible externally, the property shows some noticeable signs of having moved internally. Prospective purchasers are advised to rely on their own enquiries in this regard.

Accommodation

Ground Floor: Living room, dining room, kitchen and cloakroom with W.C. First Floor: Three bedrooms and shower room. Outside: Garden to rear and driveway to the front.

Location

Towards the end of a cul-de-sac, in a popular residential suburb of Bournemouth.

Tenure / Property Information

Investment Analysis

Completed sales on Larksfield Avenue range from £285,000 to £375,000, including £315,000 and £325,000 sales for the same semi-detached property at number 6, and £375,000 for number 42. The evidence does not provide size, condition or specification details for the comparables. A £325,000 base GDV is therefore an indicative estimate only, subject to satisfactory investigation and remediation of the reported internal movement.

Investment Snapshot

Strategy Recommendation

Proceed only after an independent structural investigation and a fully costed refurbishment plan. Subject to satisfactory findings, resale may be more supportable than BTL, but bidding should remain conditional on all unknown costs and fees.

Works Required

Modernisation and refurbishment as required, with particular focus on investigating and addressing the reported signs of internal movement. The scope and cost cannot be established from the supplied evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR strategy cannot be reliably underwritten without a costed refurbishment scope, confirmed post-works value, rent evidence and full acquisition costs. The reported internal movement creates additional due-diligence risk before refinancing assumptions can be used.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Refurbishment requirements and potential costs are also unknown.

Flip Analysis

The property is described as suitable for resale after modernisation and refurbishment. Using the supplied completed sales, an indicative base GDV of £325,000 is used, with a £315,000 to £375,000 evidence range. Profit cannot be calculated because works, acquisition fees and selling costs are unsupported.

Investor Risks & Due Diligence

• The description reports noticeable signs of internal movement, requiring independent investigation.

• The extent and cost of modernisation, refurbishment and any movement-related works are unknown.

• No sufficiently specific rental comparable or auctioneer rent estimate is supplied.

• An administration fee and other non-optional fees may be payable in addition to the bid price.

• The comparable sales range from £285,000 to £375,000, creating uncertainty around achievable post-works value.

Recommendation

Proceed only after an independent structural investigation and a fully costed refurbishment plan. Subject to satisfactory findings, resale may be more supportable than BTL, but bidding should remain conditional on all unknown costs and fees.

Strategy Rating

Analysis Confidence

Several nearby completed sales are supplied, but comparable property details, refurbishment costs, rental evidence, structural findings and applicable auction fees are unavailable.