47 Nursery Road, Sunbury-on-Thames, Surrey

Description

A Vacant Three Bedrooms Semi Detached House. The property comprises a three bedroom semi detached house arranged over ground and first floors.

Accommodation

Ground Floor: Reception Romo; Kitchen; Bathroom; Separate WC. First Floor: Three Bedrooms. Exterior: The property benefits from a rear garden and off street parking.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Cedars Recreation Ground are within easy reach. Transport links are provided by Upper Hillford rail station and the M3.

Tenure / Property Information

Investment Analysis

Only one comparable is supplied: 41 Nursery Road sold for £310,000 in January 2011. Its age prevents a reliable current GDV assessment. Current condition, specification and local market evidence are insufficient.

Investment Snapshot

Strategy Recommendation

Do not bid on financial assumptions alone. Obtain the legal pack, inspect the vacant property and establish current value, works and rent evidence before proceeding.

Works Required

No specific works are evidenced. Arrange a full inspection to assess condition, services, kitchen, bathroom, decoration, garden and compliance before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed without a supported current GDV, refurbishment budget, rent and finance assumptions.

Buy-to-Let Analysis

No sufficiently specific rental evidence or auctioneer rent estimate is supplied, so rent and yield cannot be established.

Flip Analysis

A flip assessment cannot be completed because the only sale comparable is from 2011 and no current GDV, works budget or selling allowance is supported.

Investor Risks & Due Diligence

• Current market value cannot be reliably established from the supplied evidence.

• Property condition and refurbishment requirements are unknown.

• Rental income and yield cannot be established.

• Special Conditions of Sale may create additional purchaser costs.

• Buyer premium and other potential disbursements are unspecified.

Recommendation

Do not bid on financial assumptions alone. Obtain the legal pack, inspect the vacant property and establish current value, works and rent evidence before proceeding.

Strategy Rating

Analysis Confidence

Evidence is limited to the property description, guide price, admin charge and one outdated 2011 comparable; current value, condition, rent and full costs are unsupported.