34 Whaddon Road, Cheltenham, Gloucestershire, GL52 5NA

Description

A Vacant Two Bedroom Semi Detached House. The property comprises a two bedroom semi detached house arranged over ground and first floors. The property requires a program of refurbishment.

Accommodation

Ground Floor: Two Reception Rooms, Kitchen, Bathroom. First Floor: Two Bedrooms. Exterior: rear garden with various sheds and off street parking.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Whaddon Recreation Ground are within easy reach. Transport links are provided by Cheltenham Spa rail station.

Tenure / Property Information

Investment Analysis

The supplied same-road completed sales range from £202,000 to £410,000, but no bedroom counts, floor areas, condition details or refurbishment status are provided. The wide range means a reliable market value or GDV cannot be established from the evidence alone. The £202,000 sale may be more relevant as a lower-condition indicator, but this cannot be confirmed.

Strategy Recommendation

Do not bid on the current evidence alone. Obtain the legal pack, guide price, a detailed inspection/refurbishment quotation and rental or valuation evidence before considering a refurbishment-led resale or letting strategy.

Works Required

A programme of refurbishment is required, as stated in the description. The exact works, specifications and costs cannot be identified from the supplied evidence. The rear garden includes various sheds, but no specific treatment is assumed.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be quantified. The property is vacant and requires refurbishment, but purchase price, works cost, rent and a defensible GDV are unavailable. The known £1,800 buyer administration charge would need to be included alongside any applicable legal-pack disbursements and other charges.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Acquisition cost, refurbishment cost and the guide price are also unavailable. The property is vacant and would require refurbishment before letting.

Flip Analysis

A flip appraisal cannot be quantified reliably. Same-road sold evidence ranges from £202,000 to £410,000, with insufficient detail to select a comparable GDV, and no refurbishment budget or selling allowance is supplied. The £1,800 administration charge and possible additional legal-pack charges would also affect project cost.

Investor Risks & Due Diligence

• The property requires a programme of refurbishment, but the scope and cost are unknown.

• No guide price is supplied, preventing a bid or project-cost calculation.

• No sufficiently specific rental evidence is available, so rental income and yield cannot be established.

• Same-road sold comparables range widely from £202,000 to £410,000 and lack bedroom, size and condition details.

• The legal pack may contain disbursements and other additional charges, including possible search, seller-cost, legal and transfer fees.

Recommendation

Do not bid on the current evidence alone. Obtain the legal pack, guide price, a detailed inspection/refurbishment quotation and rental or valuation evidence before considering a refurbishment-led resale or letting strategy.

Strategy Rating

Analysis Confidence

The property type, tenure, vacancy and broad refurbishment requirement are supplied, but the guide price, condition detail, floor area, rent, EPC, council tax, GDV inputs and refurbishment costs are missing. Same-road sales are materially divergent and lack comparable-property detail.