5 Bridge Street, Sturminster Newton, Dorset

Description

Situated on Bridge Street, close to the amenities available in Sturminster Newton Town Centre. A Terrace House requiring modernisation with accommodation arranged on Three Floors.

Accommodation

Top Floor: Bedroom (Two). First Floor: Bedroom (One), Bathroom/WC. Ground Floor: Living Room, Kitchen.

Location

Situated on Bridge Street, close to the amenities available in Sturminster Newton Town Centre.

Tenure / Property Information

Investment Analysis

The evidence confirms a vacant, freehold three-bedroom terraced house close to Sturminster Newton town-centre amenities, offered at a guide of £40,000+. It requires modernisation, but no completed-sale comparables, GDV evidence, refurbishment quote, rental evidence or EPC result has been supplied. Market value, resale value and an evidence-based maximum bid therefore cannot be established.

Investment Snapshot

Strategy Recommendation

Do not proceed on the supplied evidence alone. Obtain the legal pack and special conditions, inspect the property, establish a refurbishment budget, and obtain local sales and rental evidence before bidding.

Works Required

Modernisation of the three-storey house, including review and upgrading of the living room, kitchen, two bedrooms, bathroom/WC and associated finishes as required. The evidence does not support specifying particular defects or costs.

Rental & Market Context

Potential BRRR Position

BRRR cannot be underwritten from the supplied evidence. GDV, refurbishment cost, achievable rent and refinance value are all unsupported. The buyer premium is £1,500 inclusive of VAT, with possible additional seller fees and the required deposit arrangements requiring review.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate has been supplied. Refurbishment costs, EPC status and total acquisition costs are also unresolved.

Flip Analysis

A flip surplus cannot be calculated because there is no supported GDV, refurbishment allowance or selling-cost allowance. The property is described as requiring modernisation, creating execution and cost uncertainty.

Investor Risks & Due Diligence

• The property requires modernisation, but the scope and cost of works are unknown.

• No completed-sale comparables or supported GDV are available.

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

• EPC status is TBC and heating information is not supplied.

• Parking information is not supplied.

• Additional seller fees may be payable under the special conditions of sale, which have not been provided.

• The buyer must pay the balance of the 10% deposit, subject to the stated minimum, and the buyer fee within 24 hours of the auction date.

Recommendation

Do not proceed on the supplied evidence alone. Obtain the legal pack and special conditions, inspect the property, establish a refurbishment budget, and obtain local sales and rental evidence before bidding.

Strategy Rating

Analysis Confidence

Only the property description, guide price, buyer premium and broad auction terms are supplied; there are no sales comparables, rental evidence, EPC result, refurbishment costs or GDV evidence.