33 Fleswick Avenue, Whitehaven, Cumbria

Description

Freehold link-detached house

Accommodation

First floor: Three bedrooms, bathroom/wc. Ground floor: Reception room, kitchen. Outside: Garden.

Location

The property is located on Fleswick Avenue. Shopping amenities are available within Whitehaven Town Centre to the north. Public transport links are available at Corkickle Train Station and Whitehaven Train Station, along with local bus services. Road links include the A595 to the east. Recreational pursuits are available locally.

Tenure / Property Information

Investment Analysis

The £50,000 guide is supported only by the auction listing; no completed-sale comparables or GDV evidence were supplied. The only rental evidence is one advertised asking rent of £850 pcm for a three-bedroom property on Fleswick Avenue, so market value, refurbishment allowance and maximum bid cannot be reliably established.

Investment Snapshot

Strategy Recommendation

Potentially investigate as a buy-to-let based on the indicative guide-price yield, but do not bid without confirming condition, rentability, total purchase costs and the special conditions.

Works Required

No specific defects or refurbishment works are evidenced. Obtain a full inspection and verify parking, heating, condition, services and any required works before bidding.

Rental & Market Context

Potential BRRR Position

BRRR cannot be underwritten because no supported GDV, refurbishment cost or reliable valuation evidence was supplied. The known buyer cost is £1,800 inclusive of VAT, with possible additional seller charges under the special conditions.

Buy-to-Let Analysis

At the advertised asking rent of £850 pcm, annual gross rent is £10,200 and the gross yield on the £50,000 guide is 20.4%. This is not an achieved rent, and the analysis excludes operating costs, finance, purchase taxes and any refurbishment because the evidence is insufficient.

Flip Analysis

A flip surplus cannot be calculated because no completed-sale comparables, GDV, refurbishment allowance or supported selling-cost allowance were supplied.

Investor Risks & Due Diligence

• The £850 pcm figure is an advertised asking rent, not an achieved or passing rent.

• No property condition or refurbishment information is supplied.

• Parking and heating details require confirmation.

• The £1,800 buyer/admin charge is known, but the seller may charge additional completion fees.

• No sold comparables or reliable GDV evidence were supplied.

• Special Conditions of Sale may contain further financial or legal obligations.

Recommendation

Potentially investigate as a buy-to-let based on the indicative guide-price yield, but do not bid without confirming condition, rentability, total purchase costs and the special conditions.

Strategy Rating

Analysis Confidence

The property description, tenure, guide, one advertised rent and buyer charge are supplied, but there is no condition report, sold-comparable evidence, GDV, refurbishment budget, occupancy detail or complete fee schedule.