7 St. Albans Avenue, Bournemouth, BH8 9EE

Description

Located in the attractive suburb of Queens Park, this substantial detached property is in need of some upgrading and refurbishment. The property benefits from off-road parking, with a garden to the rear, and has numerous original features. Once renovated the property is considered ideal for resale into the local marketplace.

Accommodation

Ground Floor: Living room, dining room, kitchen/breakfast room, utility room and shower room with W.C. First Floor: Four bedrooms, bathroom and cloakroom with W.C. Outside: Off road parking and rear garden.

Location

Located in the attractive suburb of Queens Park, Bournemouth.

Tenure / Property Information

Investment Analysis

The supplied comparable sales are detached freehold properties on St Albans Avenue, ranging from £310,000 to £560,000, but they completed between 2015 and 2018. No floor area, detailed condition assessment, recent comparable evidence or renovation specification is supplied, so a current GDV cannot be reliably established. The guide range is £340,000–£360,000, with administration and other possible buyer costs additional.

Investment Snapshot

Strategy Recommendation

Proceed only after obtaining a current valuation, detailed inspection, refurbishment quotation and rental evidence. On the supplied evidence alone, no strategy can be underwritten confidently.

Works Required

The description supports general upgrading and refurbishment. The precise works, specification and budget require inspection and further due diligence; no specific defects or project costs are evidenced.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed reliably. The property has vacant possession and refurbishment potential, but current GDV, works cost, rent and total acquisition costs are not sufficiently evidenced to assess refinance proceeds or retained equity.

Buy-to-Let Analysis

BTL returns cannot be calculated because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Refurbishment requirements and additional purchase costs are also unquantified.

Flip Analysis

The description indicates potential resale after renovation, and historic same-road sales provide some context. However, the sales are dated, the property's floor area and finished specification are unknown, and refurbishment and selling costs are unsupported. No reliable flip surplus or maximum bid can therefore be calculated.

Investor Risks & Due Diligence

• Current resale value is uncertain because the supplied comparable sales are from 2015–2018.

• Refurbishment scope and cost are not quantified.

• No sufficiently specific rental evidence is available.

• An administration fee and other non-optional costs may be payable in addition to the bid price.

• The finished specification and marketability after refurbishment are not evidenced.

Recommendation

Proceed only after obtaining a current valuation, detailed inspection, refurbishment quotation and rental evidence. On the supplied evidence alone, no strategy can be underwritten confidently.

Strategy Rating

Analysis Confidence

Historic comparables are available, but there is no current GDV evidence, floor area, quantified works scope, rental evidence, buyer premium or confirmed additional-cost schedule.