44 Stanhope Street, Long Eaton, Nottingham, Nottinghamshire

Description

Vacant freehold mid terrace house with a reception room, two bedrooms, bathroom, off-street parking and a rear garden. GIA approximately 44 sq m (472 sq ft).

Accommodation

Ground floor: reception room. First floor: two bedrooms and bathroom. Off-street parking. Garden at the rear. GIA approximately 44 sq m (472 sq ft).

Location

The property is located on the west side of Stanhope Street. The property is within easy reach of local shops, schools and amenities. Commuters benefit from excellent transport links, including easy access to the M61 motorway. Long Eaton station (EMR Services) is approximately 1.4 miles to the south west. West Park is within walking distance.

Tenure / Property Information

Investment Analysis

The supplied completed sales are all terraced freehold properties on Stanhope Street, ranging from £103,000 to £157,000. The subject is a smaller 44 sq m two-bedroom house, but the comparable sizes, conditions and bedroom counts are not supplied. A cautious base GDV of £118,000 is used, with a supported evidence range of £103,000–£157,000. This is an indicative HB estimate, not a formal valuation.

Investment Snapshot

Strategy Recommendation

Treat as a conditional acquisition only after survey review, title review and confirmation of all auction charges. Do not rely on the guide price alone; the missing condition and cost evidence prevents a reliable BTL, BRRR or flip bid calculation.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain a full inspection and confirm the condition of the reception room, two bedrooms, bathroom, parking area and rear garden before budgeting works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £118,000 base GDV, 75% refinance proceeds would be approximately £88,500. Total project cost cannot be calculated because refurbishment costs and applicable purchase charges are unknown, so cash left in and recycling of capital cannot be assessed.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparables or auctioneer rent estimate are supplied. Operating costs, finance costs and any buyer or administration charges are also unknown.

Flip Analysis

A flip assessment cannot be completed reliably. The base GDV is estimated at £118,000 from same-street sold comparables, but refurbishment costs, selling costs and any finance costs are unsupported. The £85,000 guide is below the supplied comparable range, but this does not establish a viable surplus.

Investor Risks & Due Diligence

• Comparable sale sizes, bedroom counts and conditions are not supplied, creating uncertainty around the GDV range.

• No condition survey or refurbishment specification is provided.

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

• Buyer, administration, seller and other third-party charges are unspecified.

• Vacant possession does not confirm the property is mortgageable or free from material defects.

• Special Conditions of Sale and addendum may contain additional obligations or costs not supplied.

Recommendation

Treat as a conditional acquisition only after survey review, title review and confirmation of all auction charges. Do not rely on the guide price alone; the missing condition and cost evidence prevents a reliable BTL, BRRR or flip bid calculation.

Strategy Rating

Analysis Confidence

There are several relevant completed same-street sales and clear tenure, size and occupancy information, but comparable sizes and conditions, rental evidence, property condition, refurbishment costs and buyer charges are absent.