54 Brook Street, Gloucester, Gloucestershire

Description

Available is this extended four-bedroom semi-detached property, presenting an excellent opportunity for cash buyers and investors seeking a refurbishment project with potential to add value. Requiring refurbishment throughout, the property offers excellent potential and is being offered for sale by auction. Early viewing is recommended.

Accommodation

The accommodation comprises an entrance hall, lounge, dining room, kitchen, utility room, landing, four bedrooms and a family bathroom. The property also has an outbuilding. The lounge has a television point, data point, power points, wall mounted radiator and front aspect UPVC double glazed bay window. The dining room has power points, wall mounted radiator and rear aspect UPVC double glazed French door leading to the garden. The kitchen has wall, base and drawer mounted units, wood worksurfaces, inset Belfast sink and drainer with mixer tap, range cooker with six-ring gas hob, appliance and power points, space for a fridge freezer and dishwasher, wall mounted radiator and side aspect UPVC double glazed window. The utility room has power points, space for a washing machine, tumble dryer and fridge freezer, side aspect UPVC double glazed window and side aspect UPVC double glazed door leading to the garden. The landing has stairs and side aspect UPVC double glazed windows. Bedroom one has power points, wall mounted radiator and front aspect UPVC double glazed bay window. Bedroom two has power points, wall mounted radiator and rear aspect UPVC double glazed window. The bathroom has a low-level WC, pedestal wash hand basin, bath, tiled walls, wall mounted radiator and rear aspect UPVC double glazed window. Bedroom three has power points, wall mounted radiator, hatch to eaves storage and side aspect UPVC double glazed window. Bedroom four has power points, wall mounted radiator, hatch to eaves storage and rear aspect roof light. The outbuilding has power points, lighting and rear and side aspect UPVC double glazed windows.

Location

54 Brook Street, Gloucester, Gloucestershire GL1 4XB.

Tenure / Property Information

Investment Analysis

Indicative GDV is estimated at £220,000, using the supplied Brook Street semi-detached sales as the only evidence. The most recent comparable, 62 Brook Street, sold for £180,000 in July 2025; 43A Brook Street sold for £220,000 in October 2022, while the £270,000 sale from 2018 is older and may be less representative. The subject is described as an extended four-bedroom house requiring refurbishment throughout, but the comparable properties' sizes, condition and accommodation are not supplied. This is therefore an evidence-limited estimate, not a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only after a detailed viewing, refurbishment survey, contractor quotations and review of the Special Conditions of Sale. Do not bid on the basis of the headline GDV alone.

Works Required

Refurbishment throughout is stated, but no itemised defects, specification or cost plan is supplied. No specific works or allowance can be quantified without further inspection and contractor pricing.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be quantified because refurbishment costs, achievable rent, financing costs, tenure and property condition details are unavailable. At the £220,000 base GDV, a theoretical 75% GDV refinance would be £165,000, but total project cost and cash left in cannot be calculated.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The refurbishment requirement, unknown operating costs and buyer premium also prevent a reliable net return assessment. The 4.8% buyer premium applies to the purchase price, subject to the stated £6,000 minimum.

Flip Analysis

A flip may have potential based on the stated refurbishment opportunity and comparable sales ranging from £180,000 to £270,000, but refurbishment costs, purchase price outcome, selling costs and special-condition fees are unknown. Accordingly, no reliable flip surplus or maximum bid can be calculated.

Investor Risks & Due Diligence

• The property is stated to require refurbishment throughout, but the extent and cost of works are unknown.

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

• The buyer premium is 4.8% including VAT, subject to a £6,000 minimum, and additional Special Conditions fees may apply.

• Tenure, occupancy, EPC, council tax, parking and other property particulars are not supplied.

• Comparable sale specifications and conditions are not supplied, and the £270,000 comparable is from 2018.

Recommendation

Proceed only after a detailed viewing, refurbishment survey, contractor quotations and review of the Special Conditions of Sale. Do not bid on the basis of the headline GDV alone.

Strategy Rating

Analysis Confidence

Several local completed sales are supplied, including one recent sale, but there is no rental evidence, refurbishment budget, tenure information, EPC, occupancy information, detailed comparable specification or complete fee schedule.