7 Mansfield Road, Doncaster, South Yorkshire, DN4 0LG

Description

A Vacant Three Bedroom Mid Terrace House in Need of Refurbishment. The property comprises a three bedroom mid terrace house arranged over lower ground, ground and first floors.

Accommodation

Lower Ground Floor: Two Cellar Rooms, WC. Ground Floor: Two Reception Rooms, Kitchen. First Floor: Three Bedrooms, Bathroom. Exterior: rear garden.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Westfield Park are within easy reach. Transport links are provided by Doncaster rail station.

Tenure / Property Information

Investment Analysis

Five same-road freehold terraced comparables sold for £83,000–£125,000, with the three most recent sales at £100,000, £110,000 and £125,000. A base GDV of £110,000 is used as an indicative midpoint, but the subject’s refurbishment requirement and condition are not quantified.

Investment Snapshot

Strategy Recommendation

Conditional refurbishment-led purchase only after inspection and legal-pack review. The guide-to-rent indication is attractive, but the missing works budget and unquantified auction charges prevent a reliable maximum bid or project return.

Works Required

Refurbishment is required, but no detailed schedule or condition survey is supplied. Scope and cost should be established through inspection, including the accommodation, kitchen, bathroom, WC, cellar rooms, services, finishes and EPC-related works where required.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £110,000 base GDV, 75% refinancing equates to £82,500. This cannot be compared reliably with total project cost because refurbishment costs, legal-pack disbursements and other completion charges are not supplied. The £1,800 administration charge is known but does not resolve the missing total cost.

Buy-to-Let Analysis

At the £70,000 guide, the single advertised £890 pcm rent implies annual rent of £10,680 and a gross yield of approximately 15.3% before refurbishment, finance, voids, management, maintenance and tax. This is asking-rent evidence rather than achieved rent, and the total-cost yield cannot be established without a refurbishment allowance.

Flip Analysis

The local sales evidence supports an indicative resale range of £98,000–£125,000, with £110,000 used as base GDV. A flip surplus cannot be calculated because refurbishment costs, selling costs and the full acquisition cost are not supported by the evidence.

Investor Risks & Due Diligence

• The property is vacant and expressly needs refurbishment, but no condition report or works budget is provided.

• The £890 pcm figure is an advertised asking rent, not an achieved or passing rent.

• Current EPC rating is E; any improvement requirements and associated costs are unknown.

• The £1,800 administration charge is stated, while additional disbursements, searches, seller-cost reimbursements, legal fees or transfer fees may apply under the legal pack and special conditions.

• Cellar rooms and the lower-ground layout require inspection, with no evidence supplied on condition, damp or serviceability.

Recommendation

Conditional refurbishment-led purchase only after inspection and legal-pack review. The guide-to-rent indication is attractive, but the missing works budget and unquantified auction charges prevent a reliable maximum bid or project return.

Strategy Rating

Analysis Confidence

Good same-road completed-sale evidence and one rental asking indication are available, but the subject’s condition, refurbishment cost, achieved rent, legal-pack charges and selling costs are not supplied.