41 Avon Croft, Ossett, West Yorkshire WF5 8QX

Description

A one bedroom first floor flat, in Ossett, WF5. The property is situated in a leafy setting and with a residents parking area. Internally, the flat requires only minor upgrades and would make a good addition to a portfolio. Located less than one mile from Ossett centre and amenities and with good access to the M1.

Accommodation

First Floor: Landing, Lounge, Kitchen, Bedroom and Bathroom.

Location

Situated in a leafy setting in Ossett, less than one mile from Ossett centre and amenities, with good access to the M1.

Tenure / Property Information

Investment Analysis

The £35,000+ guide is the only supplied price evidence. No completed-sale comparables, rental evidence, EPC, council tax, service-charge amount or refurbishment cost is provided, so market value, GDV and investment returns cannot be reliably estimated. At the guide, the stated buyer premium is £1,860 because the 1.2% calculation is below the £1,860 minimum, making the known purchase price plus buyer premium £36,860 before works and any other fees.

Investment Snapshot

Strategy Recommendation

Do not commit beyond the guide without reviewing the legal pack and obtaining local sale and rental evidence, a quantified minor-works budget and confirmation of all leasehold charges and special-condition fees.

Works Required

Only minor upgrades are stated as required. The scope, specification and cost are not supplied, so no quantified works allowance can be supported.

Rental & Market Context

Potential BRRR Position

A BRRR assessment is not supportable because there is no evidence-based GDV, rent, refurbishment budget or refinance valuation. The new 990-year lease and peppercorn ground rent are stated, but service-charge and review details remain subject to the legal pack.

Buy-to-Let Analysis

The property is described as suitable for a portfolio, but no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Rent and gross yield cannot therefore be established. At the £35,000 guide, the known buyer premium is £1,860, excluding works and other possible costs.

Flip Analysis

A flip surplus cannot be calculated because there are no completed-sale comparables or supported GDV, and the minor-upgrade cost is unspecified. The known guide-price purchase plus minimum buyer premium is £36,860 before works, selling costs and other fees.

Investor Risks & Due Diligence

• No completed-sale comparables are supplied, so the guide price cannot be tested against market value.

• No sufficiently specific rental evidence or auctioneer rent estimate is supplied, preventing yield analysis.

• The scope and cost of the stated minor upgrades are unknown.

• Service-charge and lease review details are to be confirmed in the legal pack.

• Additional fees may apply under the Special Conditions of Sale.

• The stated buyer premium is subject to a £1,860 minimum, and other acquisition costs are not provided.

Recommendation

Do not commit beyond the guide without reviewing the legal pack and obtaining local sale and rental evidence, a quantified minor-works budget and confirmation of all leasehold charges and special-condition fees.

Strategy Rating

Analysis Confidence

The evidence confirms the property description, tenure, proposed lease terms and auction charges, but omits completed-sale comparables, rental evidence, condition detail, works cost, EPC, council tax, service charge and GDV evidence.