59 Aycliffe Road, Borehamwood, Hertfordshire

Description

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

Accommodation

Ground Floor: Reception Room; Kitchen. First Floor: Three Bedrooms; Bathroom. Exterior: The property benefits from a rear garden and off street parking.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Aberford Park are within easy reach. Transport links are provided by Elstree & Borehamwood rail station and the A1 and M25.

Tenure / Property Information

Investment Analysis

Five same-road freehold terraced comparables sold for £365,000–£415,000 between July 2020 and August 2021, averaging £392,000. These are useful but dated, and the subject property's condition is not evidenced; therefore the GDV scenarios are indicative only.

Investment Snapshot

Strategy Recommendation

Proceed only after inspection and legal-pack review. The strongest apparent opportunity is a potential resale strategy, subject to confirming condition and total costs.

Works Required

No specific refurbishment works are evidenced. Complete a full inspection 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

An indicative 75% refinance against the £392,000 base GDV is £294,000. Cash requirement and equity outcome cannot be calculated because refurbishment costs, total acquisition costs and rent are unsupported.

Buy-to-Let Analysis

No sufficiently specific rental evidence or auctioneer rent estimate is supplied, so rent and yield cannot be established. The property is vacant and suitable for further rental assessment.

Flip Analysis

The guide is £275,000, compared with dated same-road sales averaging £392,000. A flip may offer potential gross headroom, but condition, works, legal disbursements and selling costs are unknown, so surplus cannot be calculated.

Investor Risks & Due Diligence

• Comparable sales are from 2020–2021 and may not reflect current value.

• Property condition and refurbishment requirements are not supplied.

• Rental evidence is insufficient to assess BTL performance.

• Special-condition legal, search, seller and transfer charges may apply in addition to the stated £1,800 administration charge.

Recommendation

Proceed only after inspection and legal-pack review. The strongest apparent opportunity is a potential resale strategy, subject to confirming condition and total costs.

Strategy Rating

Analysis Confidence

Same-road sold comparables support an indicative value range, but they are dated and there is no condition, rental, EPC or complete-cost evidence.