51 Manor Avenue, Basildon, Essex, SS13 2AU

Description

A Vacant Three Bedroom Mid Terrace House. The property comprises a three bedroom mid terrace house arranged over ground and first floors. 6 Week Completion Available.

Accommodation

Ground Floor: Two Reception Rooms, Kitchen, Study, WC. First Floor: Three Bedrooms, Bathroom. Exterior: front and rear gardens.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Northlands Park are within easy reach. Transport links are provided by Pitsea rail station.

Tenure / Property Information

Investment Analysis

The strongest evidence is the same-street sale of 53 Manor Avenue for £235,000 in November 2025. Older same-street evidence ranges from £240,000 to £290,000, although the £290,000 sale was in 2023 and property condition and specification are not provided. A cautious base GDV of £235,000 is used, with a supported evidence range of £235,000–£290,000. This is an estimate rather than a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only as a cautious value-led purchase subject to viewing and full legal-pack review. The recent same-street sale provides some GDV support, but absent rent and works evidence prevents a robust BTL, BRRR or flip decision.

Works Required

The evidence confirms a vacant three-bedroom house with two reception rooms, kitchen, study, WC, bathroom and front and rear gardens. No defects or refurbishment requirements are identified. Allow for inspection, cleaning and any repairs or updating identified through the legal pack and viewing, but no works budget can be supported from the supplied evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the base estimated GDV of £235,000, a 75% refinance would be approximately £176,250. Total project cost and cash left in cannot be calculated because refurbishment costs, disbursements and other acquisition costs are not fully evidenced. The strategy therefore requires confirmed works, rent and legal-pack costs before proceeding.

Buy-to-Let Analysis

BTL analysis cannot establish rent, annual income or yield because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The property is vacant, but achievable rent, letting costs, finance costs and any required works remain unknown.

Flip Analysis

A same-street sale at £235,000 in November 2025 supports the base GDV, while older evidence reaches £290,000. A reliable flip surplus cannot be calculated because the required works, disbursements, selling costs and other project costs are unsupported. The £170,000 guide plus the £1,800 administration charge is not a complete project cost.

Investor Risks & Due Diligence

• Property condition and required works are not described or costed.

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

• The £1,800 administration charge is known, but buyer premium and possible legal-pack disbursements or other special-condition costs are not quantified.

• Comparable sale prices vary materially and include older transactions; specification and condition differences are unknown.

• Six-week completion may require finance and due diligence to be arranged quickly.

Recommendation

Proceed only as a cautious value-led purchase subject to viewing and full legal-pack review. The recent same-street sale provides some GDV support, but absent rent and works evidence prevents a robust BTL, BRRR or flip decision.

Strategy Rating

Analysis Confidence

There is useful same-street completed-sale evidence and a stated guide price, but no condition survey, refurbishment budget, rental evidence, buyer premium, disbursement schedule or complete acquisition-cost information.