76 Main Street, Brampton, Cumbria

Description

A one bedroom mid terrace house. The property benefits from a rear yard. In need of modernisation. Vacant.

Accommodation

Ground Floor - Reception Room, Kitchen. First Floor - Bedroom, Bathroom/WC.

Location

Brampton is a town in the county of Cumbria. Located on the north side of Main Street. Brampton town centre amenities are available within a short distance. Recreational amenities of Murray Park and The Ridgewood are easily accessible. Transport Brampton - Northern.

Tenure / Property Information

Investment Analysis

The five supplied completed sales on Main Street range from £80,000 to £185,000, but they do not identify bedroom count, floor area, condition or refurbishment level. The subject is a vacant one-bedroom house in need of modernisation, so the evidence is insufficient to derive a reliable GDV or supported low/base/high valuation. The £25,000 guide is not a valuation and excludes buyer fees, VAT where applicable and possible seller charges.

Investment Snapshot

Strategy Recommendation

Do not set a bid from the available evidence alone. Obtain a full inspection, itemised refurbishment quotation, local one-bedroom valuation, rental appraisal and confirmation of all auction and seller charges before considering a purchase.

Works Required

Modernisation of the existing reception room, kitchen, bedroom and bathroom/WC, together with any associated general updating identified by a competent inspection. The evidence does not specify particular defects, services or external works, so no detailed scope or cost can be supported.

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 is vacant and requires modernisation, but the evidence does not support a refurbishment budget, post-works value, rent or refinance value. The supplied sales are insufficiently detailed to calculate a defensible GDV.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Purchase costs, refurbishment costs, buyer fees, VAT and possible seller charges are also unknown. A letting appraisal and full cost schedule are required before bidding.

Flip Analysis

A flip surplus cannot be calculated. Although completed Main Street sales range from £80,000 to £185,000, the evidence does not establish comparability with this one-bedroom property or quantify works, acquisition charges, resale costs or selling time.

Investor Risks & Due Diligence

• The property is stated to be in need of modernisation, but the extent and cost of works are unknown.

• No sufficiently specific rental evidence is available, preventing a supported yield assessment.

• The supplied comparables lack bedroom, size and condition details and span 2014 to 2023.

• The guide excludes the buyer fee and VAT may apply; seller charges and VAT treatment are also unresolved.

• The property is vacant, so there is no evidenced passing rent.

Recommendation

Do not set a bid from the available evidence alone. Obtain a full inspection, itemised refurbishment quotation, local one-bedroom valuation, rental appraisal and confirmation of all auction and seller charges before considering a purchase.

Strategy Rating

Analysis Confidence

Only broad same-street sale evidence is supplied; bedroom count, floor area, condition of comparables, rental evidence, refurbishment costs, buyer fees and seller charges are unavailable.