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6 Albion Street, Saxmundham, Suffolk

Marketed by:

Dedman Gray

Dedman Gray

103 The Broadway, Thorpe Bay, Southend-on-Sea SS1 3HQ, UK

01702 311111

Unsold

Vacant Two-Bedroom Semi-Detached House

6 Albion Street, Saxmundham, Suffolk

Unsold

£150,000+

• 2 Bedrooms


• Semi-detached house


• Freehold


• Vacant


• E

Description


A charming two-bedroom semi-detached house within easy walking distance of Saxmundham town centre and railway station. This vacant property provides a fantastic opportunity for renovation and improvement, making it an ideal project for owner-occupiers or investors. Benefitting from front and rear gardens with the rear garden currently overgrown but due to be cleared and incorporating a useful brick-built store.


Accommodation


Entrance; Living Room - 6'7 x 23'1; Kitchen - 5'4 x 10'2; First Floor Landing; Bedroom One - 8'6 x 13'7; Bedroom Two - 7'9 x 8'6; Bathroom - 5'2 x 11'11


Location


Within easy walking distance of Saxmundham town centre and railway station; central location.


Tenure / Property Information


Tenure

Freehold

Occupancy

Vacant

EPC

E


Investment Analysis


The supplied comparables are historical: £136,000 in 2014 and £148,000 in 2009 for semi-detached properties on Albion Street, including this address. They do not provide a reliable current market value. The £150,000 guide is above the latest supplied comparable, while current condition and auction fees are not quantified.


Investment Snapshot


Guide Price

£150,000


Strategy Recommendation


Proceed only as a renovation project after inspecting condition and confirming all auction fees and a current resale or rental valuation. Do not rely on the supplied evidence for a firm investment bid.


Works Required


Renovation and improvement as required, plus clearance of the overgrown rear garden. The supplied evidence does not identify specific internal defects or provide a works budget.


Rental & Market Context


No sufficiently specific external rental comparable identified.


Sold Comparables


The following completed sales were identified within approximately 5 miles:


20, Albion Street, Saxmundham, Suffolk Coastal, Ip17 1bn
2014-12-09 · Semi-Detached · Freehold

£136,000

6, Albion Street, Saxmundham, Suffolk Coastal, Ip17 1bn
2009-06-19 · Semi-Detached · Freehold

£148,000

18, Albion Street, Saxmundham, Saxmundham, Suffolk Coastal, Ip17 1bn
2003-05-14 · Semi-Detached · Freehold

£80,000

18, Albion Street, Saxmundham, Saxmundham, Suffolk Coastal, Ip17 1bn
2001-06-29 · Semi-Detached · Freehold

£48,000

6, Albion Street, Saxmundham, Suffolk Coastal, Ip17 1bn
1999-06-01 · Semi-Detached · Freehold

£45,000


Potential BRRR Position


BRRR viability cannot be established. A current GDV, refurbishment budget, rent and total acquisition costs are unavailable; the property is vacant and requires renovation and improvement.


Buy-to-Let Analysis


BTL viability cannot be established because no sufficiently specific rental evidence, auctioneer rent estimate, refurbishment cost or buyer fees is supplied.


Flip Analysis


A flip appraisal cannot be supported because the comparables are historic, no current GDV or refurbishment allowance is available, and auction fees are unspecified beyond “PLUS FEES”.


Investor Risks & Due Diligence


• Historical comparables may not reflect current value.


• The property is vacant and described as requiring renovation and improvement.


• The rear garden is currently overgrown.


• EPC rating is E.


• Buyer/admin fees are not quantified and the auction entry states “PLUS FEES”.


• No sufficiently specific rental evidence is available.


Recommendation


Proceed only as a renovation project after inspecting condition and confirming all auction fees and a current resale or rental valuation. Do not rely on the supplied evidence for a firm investment bid.


Strategy Rating


HB Rating

★★☆☆☆


Analysis Confidence


Confidence

Low-Medium


Property particulars and several historical comparables are supplied, but current valuation, condition, refurbishment costs, rent and total purchase costs are missing.


Auction Details : 

Dedman Gray

Auction Date : 

08/10/26

Lot Number : 

034

Tradelend Limited
Tradelend Limited

Bridging Finance, Development Finance

0203 886 2530

Tiger Financial
Tiger Financial

Bridging Finance, Development Finance

020 7965 7261

Tuscan Capital
Tuscan Capital

Bridging Finance

020 7846 9030

UK Bridging Loans Ltd
UK Bridging Loans Ltd

Bridging Finance

0116 366 6338

Ultimate Finance
Ultimate Finance

Bridging Finance

0800 121 7757

Property Location:

6 Albion Street, Saxmundham, Suffolk

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