47 Woodside Road, Huddersfield, West Yorkshire

Description

A detached property, with three bedrooms on a large plot. Ideal for redevelopment/extension subject to necessary planning consents. The total approximate floor area, taken from the EPC, is 115m2.

Accommodation

Ground floor: hallway, two reception rooms, WC, and a kitchen. First floor: three bedrooms, bathroom, and a WC. Externally there is a garden and driveway to the front of the property and a garage to the side. To the rear, there is a large, enclosed garden.

Location

Situated within close proximity to local amenities and Huddersfield town centre. Lockwood train station is 0.5 miles from the premises and Berry Brow Station is 0.8 miles away.

Tenure / Property Information

Investment Analysis

Indicative GDV is anchored to the most recent supplied comparable: 71A Woodside Road, a leasehold detached property sold for £260,000 on 28 July 2023. Other same-road detached sales range from £260,000 to £417,500 but date from 2014 to 2019 and have no supplied size, condition or specification details. The £260,000 figure is therefore only an indicative evidence-led reference, not a formal valuation. The subject's 115m2 floor area, large plot, garage and potential for extension may affect value, but no reliable adjustment can be made from the evidence provided.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Obtain the legal pack, inspect the property, confirm lease/title matters, establish the required EPC and refurbishment works, and obtain planning advice before considering owner-occupier, rental or resale use.

Works Required

No detailed defects or internal condition are supplied. The EPC rating F indicates that energy-efficiency improvement may be required, but the scope and cost are unknown. Any extension or redevelopment would be subject to necessary planning consents. A full survey, EPC review and legal-pack review are required before specifying works.

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 purchase price, refurbishment allowance, achievable rent and finance costs. A 75% refinance against the indicative £260,000 GDV would equate to £195,000, but whether this would recover total project costs cannot be determined.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is provided. Acquisition price, refurbishment cost and other completion disbursements are also unknown. The leasehold ground rent is stated as £8 per annum, subject to legal confirmation.

Flip Analysis

A flip appraisal cannot be completed because no guide or purchase price, refurbishment budget, selling allowance or transaction-cost estimate is supplied. The indicative £260,000 GDV is based primarily on the latest same-road comparable and is not a confirmed resale value.

Investor Risks & Due Diligence

• EPC rating F may require energy-efficiency improvements, but the scope and cost are unknown.

• Extension or redevelopment is only described as possible subject to necessary planning consents; no consent or planning assessment is supplied.

• The comparable sales vary materially in date and price, with no size, condition or specification data for adjustment.

• Leasehold title, the 999-year term, ground rent and any other title restrictions or charges require legal-pack confirmation.

• Additional disbursements may become payable on completion, but no amounts are supplied.

• No reliable rent evidence is available, so rental yield and debt-service viability cannot be established.

• The guide price and therefore the maximum bid cannot be calculated from the supplied evidence.

Recommendation

Do not bid on the current evidence alone. Obtain the legal pack, inspect the property, confirm lease/title matters, establish the required EPC and refurbishment works, and obtain planning advice before considering owner-occupier, rental or resale use.

Strategy Rating

Analysis Confidence

The property description, tenure, floor area, lease terms and several same-road completed sales are supplied, but there is no guide price, internal condition assessment, rental evidence, works budget, planning outcome or selling-cost allowance.