6 Chivrick Close, Sturminster Newton, Dorset, DT10 1QJ

Description

A four-bedroom detached property in Sturminster Newton, Dorset. The accommodation comprises a living room, dining room, kitchen, utility room, W.C, four bedrooms, a bathroom, en-suite and dressing room. Externally there is a rear garden and a double garage.

Accommodation

Entrance Hall; Cloakroom; Lounge 21' 6 x 11' 8; Dining Room 10' 8 x 10' 4; Kitchen 15' 4 x 8' 7; Utility Room 9' 1 x 4' 11; Bedroom One 19' 2 x 11' 10; Ensuite; Bedroom Two 11' 3 x 10' 9; Bedroom Three 11' 8 x 9' 5; Bedroom Four 9' 1 x 6' 7; Bathroom.

Location

Sturminster Newton, Dorset

Tenure / Property Information

Investment Analysis

The £350,000 guide is not independently supported by the evidence provided. The only same-property completed sale is £265,000 in March 2007, with another nearby sale at £219,000 in 2003; these historic transactions do not establish a current GDV. The supplied rental evidence relates to LS18 4 rather than Sturminster Newton and cannot support a local rent estimate.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Obtain current local comparable sales, a property inspection, legal-pack review and local rental evidence before considering an owner-occupier or investment purchase.

Works Required

No specific defects or refurbishment requirements are evidenced. A physical inspection and legal review would be required before identifying or costing works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR cannot be underwritten from the supplied evidence because current GDV, refurbishment cost, rent and refinance value are unsupported. The historic 2007 sale is insufficient for a current refinance assessment.

Buy-to-Let Analysis

BTL viability cannot be established. No Sturminster Newton rental evidence or auctioneer rent estimate is supplied, and therefore rent, yield and cash flow cannot be calculated. The known non-refundable buyer premium and administration charge total £2,880 before any other possible charges.

Flip Analysis

A flip surplus cannot be calculated because no current GDV, refurbishment allowance or supported selling-cost allowance is provided. The guide price should not be treated as a verified resale value.

Investor Risks & Due Diligence

• Current market value is not evidenced by the historic comparable sales.

• The supplied rental listing is for LS18 4, not Sturminster Newton, so it is not a reliable local rent indicator.

• Property condition and any required works are unknown.

• Additional auction-related charges may apply, including search fees, seller-cost reimbursement, legal fees and transfer fees.

• The buyer premium and administration charge are non-refundable on the fall of the virtual gavel.

Recommendation

Do not bid on the current evidence alone. Obtain current local comparable sales, a property inspection, legal-pack review and local rental evidence before considering an owner-occupier or investment purchase.

Strategy Rating

Analysis Confidence

The property description, tenure, accommodation, guide and known auction charges are supplied, but current comparable evidence, condition, local rent, occupancy and total acquisition costs are not.