42 Mounts Road, Greenhithe, Kent, DA9 9LZ

Description

A Vacant Three Bedroom Semi Detached House. The property comprises a three bedroom semi detached house arranged over ground and first floors. We understand the property is of non-standard construction.

Accommodation

Ground Floor: Two Reception Rooms, Kitchen. First Floor: Three Bedroom, Bathroom, Separate WC.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Worcester Park Playground are within easy reach. Transport links are provided by Greenhithe for Bluewater rail station.

Tenure / Property Information

Investment Analysis

The strongest evidence is the completed sale of the same property at £210,000 on 9 July 2026, compared with £202,000 for another Mounts Road semi-detached house in 2016. The £440,000 sale of 32 Mounts Road in 2024 is materially higher and may reflect differences not evidenced here, so it is not relied on for a precise valuation range. A base GDV of £210,000 is supportable, but condition, specification and non-standard construction require verification.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack, commissioning a survey of the non-standard construction and establishing a verified works budget and exit value. Do not bid solely on the apparent discount to the recent £210,000 same-address sale.

Works Required

No specific refurbishment defects or works are evidenced. Obtain a full survey addressing the non-standard construction, together with legal-pack review and confirmation of any required repairs, compliance works or improvement costs before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

On a £210,000 base GDV, 75% refinancing equates to £157,500. A BRRR assessment cannot be completed because refurbishment costs, achievable rent, finance costs and total acquisition costs are unsupported. The non-standard construction may also affect mortgageability and refinancing, requiring lender and survey confirmation.

Buy-to-Let Analysis

The property is vacant and no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Rent and gross yield therefore cannot be established. The £1,800 administration charge and potentially payable legal-pack disbursements should also be allowed for, but total acquisition and operating costs are not fully evidenced.

Flip Analysis

A same-address completed sale at £210,000 supports the base GDV. However, no refurbishment budget, selling costs or full acquisition-cost schedule is provided, so a reliable flip surplus or maximum bid cannot be calculated. The guide is £180,000 plus fees, with a known £1,800 administration charge and possible additional disbursements.

Investor Risks & Due Diligence

• Non-standard construction may affect condition, insurability, mortgageability and resale.

• No specific condition survey or refurbishment cost evidence is supplied.

• No sufficiently specific rental evidence is available, preventing a supported BTL yield assessment.

• The £440,000 comparable on the same road is materially inconsistent with the other supplied evidence and may not be directly comparable.

• Additional legal-pack disbursements, search fees, seller-cost reimbursement, legal fees or transfer fees may be payable.

• The property is vacant, so there is no evidenced passing rent.

Recommendation

Proceed only after reviewing the legal pack, commissioning a survey of the non-standard construction and establishing a verified works budget and exit value. Do not bid solely on the apparent discount to the recent £210,000 same-address sale.

Strategy Rating

Analysis Confidence

A recent completed sale for the same address provides useful GDV evidence, but rental evidence, condition, refurbishment costs, finance assumptions and possible additional purchase costs are incomplete. Comparable sale evidence is also inconsistent.