5 Honey Mead, Calne, Wiltshire, SN11 8BH

Description

A two bedroom end of terrace bungalow. Externally the property benefits from front and rear gardens. In need of modernisation. Extension potential subject to requisite consents. Vacant.

Accommodation

Ground Floor - Entrance Hallways, Reception Room, Kitchen, Two Bedrooms, Shower Room/WC.

Location

Calne is a town in the county of Wiltshire. Located on Honeymead, accessed off Oxford Road. Amenities are available nearby on The Pippin, Phelps Parade and Wood Street. Recreational amenities are available at Calne Recreation Ground and Castlefields Canal & River Park. Transport Chippenham - GWR.

Tenure / Property Information

Investment Analysis

The £90,000 guide is the only price evidence supplied. No completed-sale comparables, GDV evidence, rental comparables or refurbishment budget are available, so market value and project viability cannot be reliably established. The property is vacant, freehold and described as needing modernisation. Any extension remains subject to the requisite consents.

Investment Snapshot

Strategy Recommendation

Do not bid on the supplied evidence alone. Obtain a full inspection, refurbishment quotations, completed-sale comparables, rental evidence and confirmation of all buyer and seller charges before considering a purchase.

Works Required

Modernisation of the bungalow, with scope and cost to be established by inspection and contractor quotations. The evidence does not specify particular defects or works. Extension potential should only be considered subject to the requisite consents.

Rental & Market Context

Potential BRRR Position

A BRRR appraisal is not supportable without a refurbishment budget, evidence-based GDV, rent, finance costs and known acquisition charges. The property is vacant, but the refinance value and achievable rent remain unverified.

Buy-to-Let Analysis

BTL cannot be underwritten from the supplied evidence because no sufficiently specific rental comparables or auctioneer rent estimate is provided. Modernisation costs and buyer fees are also unknown, so neither rent yield nor total project cost can be calculated.

Flip Analysis

A flip appraisal is not supportable because there are no completed-sale comparables, GDV estimate, works budget or supported selling allowance. The guide price alone is insufficient to establish a resale surplus.

Investor Risks & Due Diligence

• Buyer fee is not specified and may materially increase acquisition cost.

• Seller's additional charges and VAT treatment are unknown.

• The extent and cost of required modernisation are unspecified.

• No completed-sale comparables or GDV evidence are supplied.

• No sufficiently specific rental evidence is supplied.

• Extension potential is subject to the requisite consents.

Recommendation

Do not bid on the supplied evidence alone. Obtain a full inspection, refurbishment quotations, completed-sale comparables, rental evidence and confirmation of all buyer and seller charges before considering a purchase.

Strategy Rating

Analysis Confidence

Only the guide price, basic property description, tenure, vacancy and general modernisation requirement are supplied; key valuation, rental, works and fee evidence is absent.