7 Secunda Way, Hempsted, Gloucester, Gloucestershire, GL2 5GA

Description

A Vacant Four Bedroom Mid Terrace House

Accommodation

Ground Floor: Reception Room, Kitchen, WC. First Floor: Two Bedrooms, WC. Second Floor: Two Bedrooms, Bathroom. Exterior: Rear garden and a leasehold garage.

Location

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

Tenure / Property Information

Investment Analysis

The strongest evidence is the same property at 7 Secunda Way completing at £206,000 on 19 June 2026. Other same-road terraced sales range from £195,000 to £210,000, although some are older and relate to different properties. An evidence-supported indicative GDV range is therefore £195,000–£210,000, with £206,000 as the base estimate. This is not a formal valuation and no condition evidence is supplied.

Investment Snapshot

Strategy Recommendation

Proceed only as a carefully priced owner-occupier or resale opportunity after reviewing the legal pack and confirming condition. Do not rely on BTL or BRRR returns without rental evidence, a works budget and full fee disclosure.

Works Required

No specific defects or refurbishment requirements are evidenced. Confirm condition, vacant possession and the legal pack before budgeting any works; only evidenced remedial or cosmetic works should be allowed for.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £206,000 base GDV, 75% refinance is approximately £154,500. Against the £150,000 low guide, this leaves only £4,500 before the known £1,800 admin charge, any works, finance, legal costs and other disbursements. At higher purchase prices, the refinance would not cover the purchase price before those costs. A BRRR strategy is therefore not demonstrated by the supplied evidence.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The property is vacant, and buyer/admin costs, works and other completion charges are not fully quantified.

Flip Analysis

The base resale/GDV indication is £206,000, with a supported range of £195,000–£210,000. A flip surplus cannot be calculated because refurbishment costs, full acquisition costs and selling costs are not supplied. The known £1,800 admin charge and possible legal-pack disbursements would reduce any surplus.

Investor Risks & Due Diligence

• The garage is leasehold and its terms must be checked in the legal pack.

• Special conditions may impose disbursements, search fees, seller-cost reimbursement, legal fees or transfer fees.

• No sufficiently specific rental evidence is available, so rental yield cannot be established.

• No condition survey or refurbishment budget is supplied.

• The auction guide spans £150,000–£210,000, creating substantial uncertainty over the acquisition price.

Recommendation

Proceed only as a carefully priced owner-occupier or resale opportunity after reviewing the legal pack and confirming condition. Do not rely on BTL or BRRR returns without rental evidence, a works budget and full fee disclosure.

Strategy Rating

Analysis Confidence

A recent completed sale of the exact property and several same-road comparables support the GDV range, but rental evidence, condition, refurbishment costs, buyer premium, legal costs and disbursements are incomplete.