71 Anthony Close, Manchester, Lancashire

Description

Vacant freehold mid terrace house by order of a housing association.

Accommodation

Ground floor: reception room and kitchen. First floor: two bedrooms and bathroom. Rear garden. GIA approximately 62 sq m (667 sq ft), source: EPC.

Location

The property is situated on the north west side of Anthony Close. Extensive shops and amenities are available nearby within Manchester City Centre. Manchester Piccadilly Station is approximately 1.6 miles to the north west. The A57 is readily accessible providing direct access onto the M67 motorway. West Gorton Community Park is nearby.

Tenure / Property Information

Investment Analysis

The £145,000+ guide is the only supplied price evidence. No completed sales comparables, rental evidence, condition assessment, buyer/admin fees or seller charges are provided, so market value, GDV and an evidence-based maximum bid cannot be established. The property is described as a vacant 62 sq m, two-bedroom freehold mid-terrace house with a rear garden.

Investment Snapshot

Strategy Recommendation

Do not bid on a financial model yet. Obtain completed sales evidence, an independent inspection, rental evidence and all buyer/seller charges before considering BTL, BRRR or a flip.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain a full inspection and budget only for works confirmed by that inspection; no reliable works allowance can be stated from the supplied information.

Rental & Market Context

Potential BRRR Position

A BRRR assessment cannot be completed because GDV, rent, refurbishment cost and total acquisition costs are unsupported. Refinance proceeds at 75% of GDV cannot be calculated without an evidence-supported GDV.

Buy-to-Let Analysis

The property has vacant possession, but no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Rent, yield and cash-flow performance therefore cannot be established. Buyer and possible third-party charges are also unspecified.

Flip Analysis

A flip appraisal cannot be completed because there are no completed sales comparables, condition-based works budget or supported selling-cost allowance. The guide price alone is insufficient to demonstrate a resale surplus.

Investor Risks & Due Diligence

• No completed sales comparables are supplied, so market value and GDV are unverified.

• No sufficiently specific rental evidence or passing rent is supplied, preventing yield analysis.

• Property condition and refurbishment requirements are not evidenced.

• Buyer, administration and possible seller or third-party charges are unspecified.

• Vacant possession means there is no evidenced existing rental income.

Recommendation

Do not bid on a financial model yet. Obtain completed sales evidence, an independent inspection, rental evidence and all buyer/seller charges before considering BTL, BRRR or a flip.

Strategy Rating

Analysis Confidence

Only the guide price, basic accommodation, tenure, vacant status and approximate floor area are supplied; there are no sold comparables, rental evidence, condition details, refurbishment costs or complete fee schedule.