35 Bank Side, Hamstreet, Ashford, Kent

Description

A two-bedroom mid-terrace house located in an established residential area in the popular village of Hamstreet, lying south to Ashford with its comprehensive facilities including the Designer Outlet Centre, International railway station and College. Within a short distance in the village itself there is a railway station, local shops, pubs and other amenities.

Accommodation

Ground Floor: Entrance hall, kitchen, open plan living and dining room, conservatory. First Floor: Two bedrooms and shower room with W.C. Outside: Rear garden and parking space.

Location

Hamstreet, lying south to Ashford. Ashford has comprehensive facilities including the Designer Outlet Centre, International railway station and College. Hamstreet has a railway station, local shops, pubs and other amenities.

Tenure / Property Information

Investment Analysis

Same-street sold evidence ranges from £260,000 to £350,000. The three identified terraced comparables sold for £260,000, £315,000 and £350,000, giving a median of £315,000. However, bedroom count, floor area and condition are not supplied, and the other comparables are semi-detached. The GDV scenarios are therefore indicative only, not a formal valuation.

Investment Snapshot

Strategy Recommendation

Potential resale or owner-occupier opportunity subject to confirming condition, floor area, legal title and all auction charges. Do not bid solely on the apparent comparable-value gap.

Works Required

No specific defects or refurbishment requirements are evidenced. Verify the condition of the kitchen, bathroom, conservatory, services, garden and parking before bidding. No works allowance can be quantified from the supplied evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £315,000 base GDV, a 75% refinance would be approximately £236,250. The purchase price, refurbishment cost and refinance outcome cannot be fully assessed because the guide is a range, works are unquantified and administration or other non-optional fees may apply.

Buy-to-Let Analysis

BTL cannot be properly assessed because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Gross yield, operating surplus and an income-based maximum bid cannot therefore be established.

Flip Analysis

The same-street sales indicate potential value above the £175,000–£185,000 guide range, but the comparables lack supplied size, bedroom and condition details. A flip surplus cannot be quantified because refurbishment, acquisition fees and selling costs are unsupported.

Investor Risks & Due Diligence

• Sold comparables do not provide bedroom count, floor area or condition, limiting valuation confidence.

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

• Property condition and any required refurbishment works are not described.

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

• Stamp Duty, Land Registry fees and VAT may also become payable on completion.

Recommendation

Potential resale or owner-occupier opportunity subject to confirming condition, floor area, legal title and all auction charges. Do not bid solely on the apparent comparable-value gap.

Strategy Rating

Analysis Confidence

There is useful same-street sold-price evidence, but bedroom count, floor area, condition, rent, refurbishment costs and buyer fees are not sufficiently evidenced.