64 Beatrice Street, Swindon, Wiltshire, SN2 1BJ

Description

A freehold investment opportunity comprising 2 x 1 bedroom flats in good order with parking to the rear.

Accommodation

Ground floor flat: living room, bedroom, kitchen/breakfast room, shower room and study. First floor flat: landing, living room, kitchen/breakfast room, bedroom and shower room. Both flats are accessed via a communal entrance hall and have double glazing and gas heating. To the rear of the property is a small garden and off road parking for 1 vehicle. Further on street parking is available on a 'first come first served' basis.

Tenure / Property Information

Investment Analysis

The £134,000 guide is the only supplied price evidence. No HM Land Registry comparables, formal valuation or GDV evidence is provided. The property comprises two 1-bedroom flats in stated good order, but the available rental evidence is for a 2-bedroom Swindon flat at £985 pcm advertised asking rent and cannot reliably be applied to either unit.

Investment Snapshot

Strategy Recommendation

Do not bid on the supplied evidence alone. Obtain unit-specific rental appraisals, occupancy and tenancy details, EPCs, legal documents, comparable sales and a full cost schedule before considering the guide price.

Works Required

No specific defects or refurbishment requirements are evidenced. Allow only for inspection, compliance checks and ordinary maintenance if confirmed during due diligence; no works allowance can be quantified from the supplied information.

Rental & Market Context

Potential BRRR Position

BRRR analysis cannot be quantified. There is no supported GDV, refurbishment budget, unit-specific rent, finance cost or known buyer/admin fee information, so refinance proceeds and cash left in cannot be calculated.

Buy-to-Let Analysis

The property is described as a freehold investment comprising two 1-bedroom flats. A BTL yield cannot be established because no achieved or unit-specific rents are supplied. The £985 pcm Zoopla evidence relates to an advertised 2-bedroom flat and is not a reliable proxy for two separate 1-bedroom rents. Occupancy and passing-rent information are also absent.

Flip Analysis

A flip appraisal cannot be supported because no comparable sales, GDV or refurbishment costs are supplied. The description states the flats are in good order, but no resale surplus can be calculated.

Investor Risks & Due Diligence

• No unit-specific or achieved rental evidence is supplied.

• The only rental listing is for a 2-bedroom flat and may not represent either 1-bedroom unit.

• Occupancy, tenancy and passing-rent information are absent.

• No EPC, council tax or other flat-specific running-cost information is supplied.

• No sold comparables or formal market valuation are supplied.

• Only one off-road parking space serves the property, with additional on-street parking stated to be first come first served.

• Buyer, administration and other auction costs are not provided.

Recommendation

Do not bid on the supplied evidence alone. Obtain unit-specific rental appraisals, occupancy and tenancy details, EPCs, legal documents, comparable sales and a full cost schedule before considering the guide price.

Strategy Rating

Analysis Confidence

Only the guide price, property description and one non-comparable advertised rental listing are provided. There are no sold comparables, unit-specific rents, occupancy details, EPCs, fees, refurbishment costs or GDV evidence.