53A The Brent, Dartford, Kent, DA1 1YD

Description

A Vacant Ground and First Floor Two Bedroom Split Level Maisonette. The property comprises a ground and first floor two bedroom split level maisonette situated within a semi detached building arranged over ground and two upper floors.

Accommodation

Ground Floor: Bathroom. First Floor: Reception Room, Kitchen, Two Bedrooms. Exterior: Private rear garden.

Location

Situated on a residential road close to local shops and amenities. The open spaces of Central Park are within easy reach. Transport links are provided by Dartford rail station.

Tenure / Property Information

Investment Analysis

The same property sold for £141,000 in June 2023. Other local leasehold maisonette sales range from £100,000 to £260,000, indicating substantial variation and limited comparability. A £141,000 base GDV is used cautiously; current value, condition and lease impact require verification.

Investment Snapshot

Strategy Recommendation

Do not bid without confirming the lease, legal-pack costs, condition and achievable rent. The evidence does not currently support a firm BTL, BRRR or flip purchase case.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain a survey and review the legal pack before budgeting works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £140,000 guide, the indicative 75% refinance against the £141,000 base GDV is £105,750. Total project cost cannot be calculated because works and potentially payable legal/disbursement costs are unknown.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Lease length, costs and condition also require verification.

Flip Analysis

A potential resale spread exists against the 2023 same-property sale at £141,000, but no supported works, selling costs or current valuation are available. Flip profitability cannot be reliably calculated.

Investor Risks & Due Diligence

• Approximately 59 years remain on the lease.

• No sufficiently specific rental evidence is available.

• Property condition and refurbishment requirements are unknown.

• Special condition fees, seller-cost reimbursements, legal fees, transfer fees and search fees may be payable.

• Comparable sale prices vary materially, limiting valuation confidence.

Recommendation

Do not bid without confirming the lease, legal-pack costs, condition and achievable rent. The evidence does not currently support a firm BTL, BRRR or flip purchase case.

Strategy Rating

Analysis Confidence

There is a same-property historic sale and several local comparables, but no rental evidence, condition assessment, works budget, current valuation or complete fee information.