6 Countess Road, Nuneaton, CV11 5HN

Description

A vacant freehold mid terraced property. A mid terraced 3 bedroom property, standing back from the road behind a foregarden.

Accommodation

Ground Floor: Through reception Room, Kitchen, Bathroom/WC. First Floor: Landing, Three bedrooms, WC. Outside: Gardens.

Location

Nuneaton

Tenure / Property Information

Investment Analysis

Sold evidence on Countess Road ranges from £126,000 in 2019 to £205,500 in December 2023. The two most recent sales are £181,000 and £205,500, but bedroom count, size and condition are not supplied, so comparability is limited. A cautious evidence-based scenario range is £181,000–£205,500, with a midpoint base GDV of £193,250.

Investment Snapshot

Strategy Recommendation

Do not bid on current evidence alone. Obtain the legal pack, inspect condition and establish local rental evidence before deciding between resale, BTL or BRRR.

Works Required

No specific defects or required works are described. Obtain the legal pack and a physical inspection before budgeting; the stated accommodation includes the kitchen, bathroom/WC, separate WC, gardens and gas central heating.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

The base GDV scenario implies a 75% refinance figure of £144,937.50. However, cash required and cash left in cannot be calculated because refurbishment costs, other acquisition costs, finance costs and achievable rent are unsupported.

Buy-to-Let Analysis

BTL assessment cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is provided. The £2,700 administration charge is known, but refurbishment, other acquisition costs and achievable rent remain unknown.

Flip Analysis

A flip surplus cannot be calculated reliably because refurbishment costs, selling costs and the achieved resale value are not established. The supplied sold evidence supports only a broad GDV scenario range and has limited comparability information.

Investor Risks & Due Diligence

• Property condition and required refurbishment are not described.

• No sufficiently specific rental evidence is available, preventing yield analysis.

• Additional legal-pack costs are unknown; the stated £2,700 administration charge excludes other costs, stamp duty and government taxes.

• The guide price is not the final purchase price.

• Sold comparables show a wide range and lack supplied detail on size, bedrooms and condition.

Recommendation

Do not bid on current evidence alone. Obtain the legal pack, inspect condition and establish local rental evidence before deciding between resale, BTL or BRRR.

Strategy Rating

Analysis Confidence

Recent same-road sold evidence is available, but bedroom/size comparability, condition, rental evidence, refurbishment costs and other completion costs are missing.