45 Seventh Street, Newtongrange, Dalkeith, Midlothian EH22 4JS

Description

The subjects comprise an mid terrace bungalow.

Accommodation

Ground Floor: Entrance Hallway; Lounge; Kitchen; Two Bedrooms; Bathroom.

Location

The property is located in a commuter location set towards Edinburgh’s south eastern boundary. The subjects are located in a popular residential area with local amenities and facilities within close proximity.

Investment Analysis

No completed-sale comparables or formal valuation evidence is supplied. The £170,000+ guide is not sufficient to establish GDV. The only rental evidence is an advertised asking rent of £1,195 pcm for a two-bedroom property in EH22, not an achieved rent. Buyer premium at the guide price would be £2,040, subject to the stated minimum, but other costs and special-condition fees are not supplied.

Investment Snapshot

Strategy Recommendation

Proceed only as a conditional BTL investigation, subject to confirming tenure, condition, achievable rent, all auction fees and finance costs. Do not bid on a flip or BRRR basis without further evidence.

Works Required

No defects or refurbishment requirements are evidenced. Arrange inspection and verification of condition before bidding; no works allowance can be supported from the supplied information.

Rental & Market Context

Potential BRRR Position

A BRRR assessment is not supportable because GDV, refurbishment cost, condition, tenure and refinance assumptions are unavailable. The 75% refinance figure cannot be calculated without an evidence-supported GDV.

Buy-to-Let Analysis

At the £170,000 guide, the advertised £1,195 pcm rent equates to approximately 8.4% gross yield before the 1.2% buyer premium, finance, maintenance, voids, insurance, tax and other costs. This is based on asking rent rather than achieved rent, so net profitability cannot be established.

Flip Analysis

A flip appraisal is not supportable because there are no completed-sale comparables, GDV, condition evidence, works budget or supported selling-cost allowance. The guide price should not be treated as resale value.

Investor Risks & Due Diligence

• No tenure, occupancy or lease information is supplied.

• No condition, EPC, heating, parking or council-tax information is supplied.

• The rental evidence is an advertised asking rent, not an achieved or passing rent.

• No completed-sale comparables or formal valuation evidence are supplied.

• Additional fees may be listed in the Special Conditions of Sale.

• Buyer premium is payable at 1.2% including VAT, subject to a minimum of £1,860 including VAT.

Recommendation

Proceed only as a conditional BTL investigation, subject to confirming tenure, condition, achievable rent, all auction fees and finance costs. Do not bid on a flip or BRRR basis without further evidence.

Strategy Rating

Analysis Confidence

Basic property, guide-price and one advertised rental listing are supplied, but there are no sold comparables, condition assessment, tenure, occupancy, EPC, operating costs, GDV or refurbishment evidence.