6 Hill Street, Ebbw Vale, Gwent

Description

Situated off Eastville Road, close to the amenities available in Ebbw Vale Town Centre and travelling facilities including Ebbw Vale Town Train Station. A Terrace House requiring modernisation.

Accommodation

Two floors. First Floor: Bedroom (One), Bedroom (Two). Ground Floor: Entrance Hall, Living Room, Kitchen, Bathroom/WC. Garden at Rear.

Location

Situated off Eastville Road, close to the amenities available in Ebbw Vale Town Centre and travelling facilities including Ebbw Vale Town Train Station.

Tenure / Property Information

Investment Analysis

The latest completed sale for the same property was £71,000 in June 2025, with an earlier sale at £58,000. Other Hill Street sales range from £97,000 to £154,500, but bedroom count and condition are not supplied, so their comparability is uncertain. A cautious evidence-based scenario is £58,000 low, £71,000 base and £97,000 high. The base GDV is therefore only an indicative proxy, not a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only as a cautious value-led BTL or light refurbishment opportunity if inspection confirms manageable works and the purchase price remains close to guide. Do not rely on BRRR or flipping without verified costs and valuation evidence.

Works Required

Modernisation of the vacant two-bedroom house, covering only works supported by the description. The evidence does not specify individual defects, finishes or a reliable cost allowance.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the indicative £71,000 base GDV, 75% refinancing would provide approximately £53,250. The guide price plus the £1,500 buyer premium is £51,500 before refurbishment and any seller-charged completion fees, leaving little apparent headroom before works. A BRRR outcome cannot be confirmed without a supported refurbishment budget and full project costs.

Buy-to-Let Analysis

The supplied advertised rent of £395 pcm implies £4,740 annual gross rent and a 9.48% gross yield against the £50,000 guide price. This is based on one asking-rent listing, not achieved rent, and excludes modernisation, finance, management, maintenance, voids and other costs. BTL may be viable if refurbishment costs remain controlled, but net returns cannot be established.

Flip Analysis

A resale surplus cannot be calculated because no refurbishment allowance, selling costs or reliable post-works valuation is supplied. The £71,000 base GDV is supported by the latest same-property sale but may not represent the value after modernisation; nearby sales are not sufficiently detailed for a robust resale valuation.

Investor Risks & Due Diligence

• The property is described as requiring modernisation, but the extent and cost of works are unknown.

• The £395 pcm figure is an advertised asking rent rather than achieved or passing rent.

• Comparable sales vary materially and lack bedroom, size and condition details.

• Seller-charged additional completion fees may apply but are not quantified.

• No parking or heating information is supplied.

• The base GDV and refinance figure are indicative estimates rather than formal valuations.

Recommendation

Proceed only as a cautious value-led BTL or light refurbishment opportunity if inspection confirms manageable works and the purchase price remains close to guide. Do not rely on BRRR or flipping without verified costs and valuation evidence.

Strategy Rating

Analysis Confidence

There are completed same-property sales and one advertised rental listing, but no refurbishment specification or costs, no detailed comparable property attributes, no full fee schedule and no confirmed achieved rent.