5, Mayfield Road, BURTON-ON-TRENT, Staffordshire, DE15 0JT

Description

A spacious two bedroom first floor maisonette offered for sale with vacant possession. The seller has put a new 150 year lease in place (from 2025) and the owners have a share of the freehold. The property benefits from its own private garden to the rear, as well as a garage. The property is located close to local amenities, shops and road links. The accommodation comprises a front entrance door leading to the entrance hall with a fitted cupboard, stairs to the landing with large airing cupboard and access to the fully insulated, partially boarded loft with pull down ladder, spacious lounge/diner, kitchen with wall and base units, space for washing machine, space for fridge/freezer and space for cooker, two bedrooms with the master being a spacious double room with fitted wardrobes, and bathroom with bath, overhead shower, sink and toilet.

Accommodation

Ground Floor: entrance with a staircase rising to the first floor. First Floor: lounge/diner, kitchen, two bedrooms and a bathroom. External: enclosed garden with lawn area and footpath; access to shared storage cupboard under the stairs and private drive; access to a single garage.

Location

Located close to local amenities, shops and road links. Broadband services shown as standard, superfast and ultrafast available. Mobile coverage shown as available from EE, Three, O2 and Vodafone.

Tenure / Property Information

Investment Analysis

The strongest evidence is the £95,000 completed sale of 3 Mayfield Road on 19 May 2026. It is the same road and property type, although comparability to this specific maisonette, including condition, size, garden and garage, is not confirmed. A base GDV of £95,000 is therefore used cautiously. The £85,000 guide represents approximately 89.5% of that evidence-supported base GDV. No reliable low/high GDV range can be established from the supplied evidence.

Investment Snapshot

Strategy Recommendation

Proceed only subject to legal, leasehold and physical due diligence. At the guide, the property may suit a cautious BTL strategy if the £750 pcm asking-rent evidence is locally validated and service charges remain reasonable; avoid relying on a flip or BRRR uplift without confirmed costs.

Works Required

No specific refurbishment defects or required works are evidenced. Allow for inspection and confirmation of the condition of the kitchen, bathroom, heating, windows, electrics, garage, garden and common/leasehold items before bidding. Service charge, ground rent and any seller-charged completion fees also require confirmation.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the cautious £95,000 base GDV, a 75% refinance is £71,250. The long stated lease, vacant possession, garden and garage may support reletting, but refurbishment costs, leasehold charges and total acquisition costs are not quantified. Consequently, the cash left in and refinance viability cannot be reliably calculated.

Buy-to-Let Analysis

The supplied rental evidence is one advertised asking rent of £750 pcm for a two-bedroom property in Staffordshire, not an achieved rent or property-specific letting appraisal. At the £85,000 guide, this equates to indicative gross rent of £9,000 per year and a 10.59% gross yield before the £1,800 buyer administration charge, service charge, ground rent, maintenance, voids, management, finance and other costs. Net yield cannot be established from the evidence.

Flip Analysis

A potential gross value uplift exists between the £85,000 guide and the £95,000 comparable, but the difference is not a confirmed profit. Refurbishment costs, seller-charged fees and resale costs are unavailable, and the comparable may not match this property’s condition or features. A reliable flip surplus therefore cannot be calculated.

Investor Risks & Due Diligence

• The £750 pcm figure is an advertised asking rent rather than achieved rent and is not confirmed for this property.

• Annual service charge and ground rent are unconfirmed.

• Additional seller-charged completion fees may apply under the special conditions.

• Physical condition and any refurbishment requirement are not evidenced.

• The £95,000 comparable may differ in condition, size, garden, garage or other features.

• Leasehold, shared-freehold and legal documentation require solicitor review despite the stated long lease.

Recommendation

Proceed only subject to legal, leasehold and physical due diligence. At the guide, the property may suit a cautious BTL strategy if the £750 pcm asking-rent evidence is locally validated and service charges remain reasonable; avoid relying on a flip or BRRR uplift without confirmed costs.

Strategy Rating

Analysis Confidence

There is one recent same-road completed sale and one broad advertised rental listing, but no confirmed condition report, property-specific rent appraisal, service charge, ground rent, seller fees, refurbishment budget or full comparable set.