46 Orchard Way, Stratford-upon-Avon, CV37 9QE

Description

A vacant freehold semi detached property, which may be suitable for development subject to obtaining the necessary planning consents. A semi detached property, standing back from the road behind a driveway and foregarden.

Accommodation

Ground Floor: Storm Porch, Hall, Two Reception Rooms, Kitchen. First Floor: Landing, Three Bedrooms, Bathroom/WC. Outside: Driveway and Gardens. The property is in need of renovation.

Location

46 Orchard Way is situated within an established residential setting in Stratford-upon-Avon, benefiting from a convenient position close to a range of local amenities and everyday services. The property is well placed for access to local schools, shops, green spaces and recreational facilities, while Stratford-upon-Avon town centre is within easy reach, offering an attractive selection of shops, restaurants, leisure facilities and cultural attractions. The location provides a desirable balance of established residential surroundings and convenient access to the amenities of this popular Warwickshire town.

Tenure / Property Information

Investment Analysis

Recent same-road HM Land Registry comparables for semi-detached freehold properties range from £620,000 to £680,000 for 2024 sales. A provisional base GDV of £650,000 is used as the midpoint of the two 2024 comparables, with a low scenario of £620,000 and high scenario of £680,000. The subject is vacant and requires renovation, and its accommodation, condition and specification have not been compared in detail, so this is an indicative resale-value range rather than a formal valuation. The £50,000 guide is not evidence of market value.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Treat as a potential renovation or development project only after legal-pack review, survey, measured assessment, planning advice and contractor pricing. The same-road comparables justify further investigation but not an aggressive maximum bid.

Works Required

Renovation of the property is required, but the supplied evidence does not identify specific defects, services, finishes or structural issues. Obtain a full survey, contractor quotations and planning advice before budgeting for works or development.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

The indicative base GDV implies a 75% refinance value of £487,500. However, acquisition cost, renovation cost, finance costs and achievable rent are not sufficiently evidenced, so cash required, refinance surplus and investment return cannot be calculated reliably. Planning consent may be required for any development proposals.

Buy-to-Let Analysis

BTL cannot be underwritten from the supplied evidence because no sufficiently specific rental comparables or auctioneer rent estimate are provided. Renovation costs, finance, taxation and running costs are also unknown. Vacant possession may assist initial refurbishment, but no rent or yield conclusion is supportable.

Flip Analysis

A flip may have substantial apparent value headroom against the £50,000 guide, but this cannot be treated as profit. Renovation costs, acquisition taxes and other completion costs are unknown, the £2,700 administration charge is payable, and no supported selling-cost allowance is provided. Estimated flip surplus is therefore not calculated.

Investor Risks & Due Diligence

• Renovation scope and cost are unknown.

• The subject's size, specification and condition have not been directly reconciled with the sold comparables.

• Any development use is subject to obtaining the necessary planning consents.

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

• The £2,700 administration charge is payable, while additional special-conditions costs are not supplied.

• Stamp duty and government taxes are excluded from the stated auction charges.

• The £50,000 guide may not reflect the eventual auction purchase price.

Recommendation

Do not bid on the current evidence alone. Treat as a potential renovation or development project only after legal-pack review, survey, measured assessment, planning advice and contractor pricing. The same-road comparables justify further investigation but not an aggressive maximum bid.

Strategy Rating

Analysis Confidence

There are five same-road completed-sale comparables, including two 2024 sales, but there is no detailed condition assessment, measured accommodation, refurbishment budget, rental evidence, finance-cost information or full special-conditions cost schedule.