75 Park Lane, Middleham, Leyburn, North Yorkshire

Description

An excellent opportunity to acquire this newly refurbished and modernised three-bedroom semi-detached family home, occupying a pleasant position overlooking a central village green within a quiet cul-de-sac in this sought-after Dales location. Presented to a high standard throughout, the property benefits from a comprehensive programme of upgrading including a brand new fitted kitchen, contemporary bathroom suite, complete rewire and newly installed oil-fired central heating system. Offering ready-to-move-into accommodation, the property briefly comprises an entrance hall, spacious lounge/dining room, modern kitchen, three well-proportioned bedrooms and a stylish family bathroom/WC. Externally, there are low-maintenance gardens to both the front and rear together with a private driveway providing off-road parking. Additional benefits include UPVC double glazing throughout and the advantage of no onward chain.

Accommodation

Ground Floor: Entrance Hall, Lounge, Kitchen. First Floor: Landing, Bedroom, Bedroom, Bedroom.

Location

Situated within a popular and picturesque Dales village, the property enjoys an attractive setting whilst remaining accessible to surrounding market towns and local amenities. The property overlooks a central village green within a quiet cul-de-sac.

Tenure / Property Information

Investment Analysis

Same-road freehold semi-detached sales range from £190,000 to £220,000, including £210,000 at 67 Park Lane in February 2024. Given the stated newly refurbished condition, £210,000 is a supported base GDV, subject to size, legal and physical verification.

Investment Snapshot

Strategy Recommendation

Potential owner-occupier purchase or resale at/near the guide, subject to legal-pack review, viewing and confirmation that the refurbishment is complete and satisfactory.

Works Required

No additional works allowance is supported by the evidence: the property is described as newly refurbished with a new kitchen, bathroom, rewire and oil heating. Verify workmanship and completion during due diligence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £150,000 guide, assumed works of £0 and known buyer costs of £4,500, base total cost is £154,500. A 75% refinance of the £210,000 base GDV is £157,500, indicating a theoretical £3,000 release before finance, tax and unknown legal/disbursement costs.

Buy-to-Let Analysis

BTL yield cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied.

Flip Analysis

Against the £210,000 base GDV, the known-cost surplus before selling costs, finance, tax and any further works is £55,500. A formal flip surplus is not calculated because no supported selling allowance is provided.

Investor Risks & Due Diligence

• Special-condition fees, seller-cost reimbursements, legal fees, transfer fees and disbursements are unknown.

• No sufficiently specific rental evidence is available, preventing reliable BTL yield analysis.

• GDV is inferred from nearby sales and may differ because the subject property's size and detailed condition are not supplied.

• The stated refurbishment and newly installed systems require verification during due diligence.

Recommendation

Potential owner-occupier purchase or resale at/near the guide, subject to legal-pack review, viewing and confirmation that the refurbishment is complete and satisfactory.

Strategy Rating

Analysis Confidence

Direct same-road completed sales support the GDV range, but there is no rental evidence, internal floor area, detailed legal-pack cost information or independent condition verification.