39 Clarence Road, Worksop, Nottinghamshire

Description

Freehold mid terrace house. The property benefits from a fantastic position close to a wide range of local amenities including shops, supermarkets, cafes and restaurants. Nearby Worksop rail station provides services into Nottingham, Leeds and Sheffield. The property has a yard to the rear and a GIA of approximately 83.30 sq m (895 sq ft).

Accommodation

Ground floor: reception room, kitchen, dining room and separate WC. First floor: two bedrooms and bathroom with WC. Yard to the rear. GIA approximately 83.30 sq m (895 sq ft).

Location

The property is located on the south side of Clarence Road. It is close to shops, supermarkets, cafes and restaurants. Nearby Worksop rail station provides services into Nottingham, Leeds and Sheffield. The A57 is nearby, providing links to the M1 motorway. Priorswell Recreational Ground is nearby.

Tenure / Property Information

Investment Analysis

The property has a completed sale recorded at £72,000 on 23 February 2026. Other completed sales on Clarence Road range from £91,360 to £125,000, although bedroom count, condition, specification and timing are not supplied. A cautious evidence-based GDV range is £91,360–£115,000, with £98,500 used as the base scenario. The spread and the subject property's lower recorded sale create material valuation uncertainty.

Investment Snapshot

Strategy Recommendation

Consider only as a conditional BTL or BRRR opportunity after inspection and validation of the £750 pcm rent and refurbishment requirement. Do not underwrite a flip or bid above the guide without confirmed costs and a defensible valuation.

Works Required

No specific defects or refurbishment requirements are evidenced. Inspect the kitchen, bathroom, decoration, services, structure, roof, windows and rear yard before bidding; no works allowance can be responsibly quantified from the supplied information.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At a base GDV of £98,500, 75% loan-to-value refinancing would be approximately £73,875. Cash left in cannot be calculated because refurbishment, buyer and other acquisition costs are unknown. The strategy is highly dependent on the unexplained difference between the subject's £72,000 completed sale and higher nearby comparables, as well as confirmation of condition and refinance valuation.

Buy-to-Let Analysis

The supplied advertised asking rent is £750 pcm, equivalent to £9,000 annually. Against the £70,000 guide, the gross yield is approximately 12.86%, before works, finance, purchase costs, management, maintenance, voids and tax. Yield on total cost cannot be established because refurbishment and buyer costs are not supplied. The rent is an asking rent rather than achieved rent.

Flip Analysis

A flip surplus cannot be calculated because refurbishment costs, acquisition costs and selling costs are not supplied. The evidence shows a wide range of Clarence Road sales, including the subject at £72,000 and other terraces between £91,360 and £115,000, so resale value and margin are uncertain without inspection and a more closely matched specification comparison.

Investor Risks & Due Diligence

• The subject's recorded sale at £72,000 is materially below several other Clarence Road sales.

• Comparable bedroom count, condition and specification are not supplied.

• No refurbishment or repair costs are evidenced, preventing a reliable total project cost.

• The £750 pcm figure is an advertised asking rent, not an achieved or passing rent.

• Buyer, administration, seller and third-party charges are not quantified.

• No EPC, council tax, heating or parking information is supplied.

• Refinance proceeds may be below the 75% of GDV illustration if the lender's valuation or lending criteria differ.

Recommendation

Consider only as a conditional BTL or BRRR opportunity after inspection and validation of the £750 pcm rent and refurbishment requirement. Do not underwrite a flip or bid above the guide without confirmed costs and a defensible valuation.

Strategy Rating

Analysis Confidence

The evidence includes a recent sale of the subject, several same-road completed sales and one advertised rent, but lacks condition, bedroom details for comparables, EPC, running costs, buyer fees, refurbishment costs and selling costs.