44 Vicarage Lane, Ilford, Essex

Description

Freehold mid-terrace house with a reception room, kitchen, WC, three bedrooms, bathroom, rear garden and off-street parking. GIA approximately 80.7 sq m (869 sq ft).

Accommodation

Ground floor: reception room, kitchen and WC. First floor: three bedrooms and bathroom. Rear garden and off-street parking.

Location

Situated on the south east side of Vicarage Lane. The shops and amenities of Ilford are to the south west; Seven Kings station (Elizabeth line) is approximately 0.6 miles to the east; the A12 is to the north; and Valentines Park is to the north west.

Tenure / Property Information

Investment Analysis

The £195,000+ guide is the only pricing evidence supplied and is not a formal valuation. No completed comparable sales, rental comparables, EPC, condition assessment, refurbishment budget or buyer/admin fee schedule is available, so market value, GDV and investment returns cannot be reliably established. The property is described as a vacant three-bedroom freehold mid-terrace house of approximately 869 sq ft with a rear garden and off-street parking.

Investment Snapshot

Strategy Recommendation

Treat as a potential owner-occupier or investment purchase only after obtaining survey, valuation, rental evidence and a complete auction-cost schedule. Do not bid above a separately evidenced valuation and costed business plan.

Works Required

No specific defects or required works are evidenced. Obtain a survey and inspect the kitchen, bathroom, WC, services, heating, windows, roof, external areas and garden before budgeting any works.

Rental & Market Context

Potential BRRR Position

BRRR analysis cannot be quantified because GDV, refurbishment costs, rent, finance costs and buyer/admin charges are unavailable. Refinance proceeds at 75% of GDV cannot be calculated. Do not rely on the guide price as evidence of refinance value.

Buy-to-Let Analysis

BTL assessment cannot be completed because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Gross yield, operating costs and debt affordability therefore remain unsupported. Vacant possession may assist letting, but the achievable rent requires local evidence.

Flip Analysis

A flip appraisal cannot be completed because there are no comparable sales, condition-based works allowance or supported resale GDV. Any resale surplus calculation would be speculative, and seller or third-party charges may also apply.

Investor Risks & Due Diligence

• No completed comparable sales are supplied, so market value and GDV are unverified.

• No sufficiently specific rental evidence or auctioneer rent estimate is supplied, so rental income and yield are unverified.

• Property condition and required refurbishment works are not evidenced.

• EPC, council tax and heating information are not supplied.

• Buyer premium, admin charge and other potential seller or third-party charges are not quantified.

• The £195,000+ guide is an auction guide and not a formal valuation.

Recommendation

Treat as a potential owner-occupier or investment purchase only after obtaining survey, valuation, rental evidence and a complete auction-cost schedule. Do not bid above a separately evidenced valuation and costed business plan.

Strategy Rating

Analysis Confidence

Only the property description, guide price, tenure, vacancy, size and location context are supplied. There are no sales comparables, rental evidence, condition details, EPC, operating costs or complete fee schedule.