41 Greenwood Avenue, Bradford, West Yorkshire, BD2 1JQ

Description

Freehold semi-detached house. Due to the condition, no internal viewings will be conducted.

Accommodation

The auctioneers were unable to inspect the property at the time of print. It is understood that the property comprises 3 bedroom accommodation. Purchasers are deemed to rely upon their own enquiries as to the internal layout of the property.

Location

The property is located on Greenwood Avenue. Shopping amenities can be found locally within Bradford City Centre. Public transport links are available at Frizinghall Train Station to the west and Bradford Forster Square Train Station to the south west along with a network of local bus services serving the surrounding areas. The property is served by road links including the A6176 to the south and A658 to the east. Recreational pursuits can be found at Peel Park to the south.

Tenure / Property Information

Investment Analysis

Same-street completed sales range from £115,200 to £152,000. The most recent supplied sale was £152,000 on 29 May 2025, while two 2022 sales were £116,500 and £115,200. Given the subject property’s unknown internal condition, unavailable viewing and EPC F, a cautious evidence-based GDV range is £115,200–£152,000, with £135,000 used as the base estimate. This remains highly dependent on inspection and layout confirmation.

Investment Snapshot

Strategy Recommendation

Do not set a firm bid or proceed on the guide alone. First obtain legal special conditions, confirm any seller fees, arrange all available surveys and establish the full refurbishment scope. The opportunity may suit a refurbishment-led resale, but current evidence is insufficient to underwrite BTL, BRRR or a maximum bid.

Works Required

Internal inspection, measured-layout confirmation and condition surveys are required before specifying works. The EPC F rating indicates that energy-efficiency improvements may be required, but the property’s actual repair, compliance and refurbishment scope cannot be established from the supplied evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £135,000 base GDV, 75% refinancing equates to £101,250. Against the £46,800 guide-plus-known-fee figure, indicative cash left in is negative £56,250 before refurbishment, finance, tax and any additional completion costs. The result cannot be relied upon until works and total costs are known.

Buy-to-Let Analysis

BTL analysis cannot be completed because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. At the £45,000 guide, the known £1,800 contract documentation fee gives a minimum analysed acquisition cost of £46,800, excluding any seller fees, finance, tax and refurbishment.

Flip Analysis

A resale assessment is possible only as a gross value comparison. The £135,000 base GDV exceeds the £46,800 guide-plus-known-fee figure by £88,200 before refurbishment, finance, tax, selling costs and any seller charges. No supported refurbishment or selling allowance is available, so a reliable flip surplus cannot be calculated.

Investor Risks & Due Diligence

• No internal viewing was conducted and the auctioneers were unable to inspect the property.

• The internal layout is not confirmed and purchasers must rely on their own enquiries.

• The property is described as being in poor condition and has an EPC rating of F, but the repair scope is unknown.

• Parking and heating information is unavailable from the supplied evidence.

• No sufficiently specific rental evidence or auctioneer rent estimate is supplied.

• A £1,800 inclusive-of-VAT contract documentation fee is payable, and the seller may charge additional completion fees under the special conditions.

• Refurbishment, finance, tax and selling costs cannot be quantified from the supplied evidence.

Recommendation

Do not set a firm bid or proceed on the guide alone. First obtain legal special conditions, confirm any seller fees, arrange all available surveys and establish the full refurbishment scope. The opportunity may suit a refurbishment-led resale, but current evidence is insufficient to underwrite BTL, BRRR or a maximum bid.

Strategy Rating

Analysis Confidence

There are several same-street completed sales and a known buyer documentation fee, but there is no internal viewing, no confirmed layout, no refurbishment budget, no rental evidence and potentially additional seller charges.