8A Greenfinch Close, Apley, Telford, Shropshire, TF1 6FY

Description

Substantial newly constructed detached family home in Apley with entrance hall, living room, study, contemporary kitchen/dining room, utility room, ground-floor shower room, four first-floor bedrooms including principal en-suite, family bathroom and two additional second-floor loft rooms. The property has driveway parking and a private rear garden.

Location

8A Greenfinch Close, Apley, Telford, Shropshire, TF1 6FY

Investment Analysis

Investment Snapshot

Strategy Recommendation

Preferred strategy: Buy-to-Let / Resale. Confirm this against the legal pack, inspection, finance and local market evidence before bidding.

Works Required

• Obtain a condition / structural survey

• Electrical and heating checks

• Allow for decoration and repairs

HB initial works allowance: £7,000–£17,500. This is an investment-feasibility allowance, not a contractor quotation.

Rental & Market Context

No reliable current rent is stated in the supplied scrape. For initial appraisal only, HB estimates market rent at approximately £800–£975 pcm (£9,600–£11,700 pa). This is an HB estimate and should be verified against current local lettings.

GDV / Resale Analysis

HB indicative post-works / stabilised value range: £367,500–£402,499. This is an appraisal estimate only, not a RICS valuation. Verify against recent genuinely comparable sold evidence.

Properties Sold Within Approx. 5 Miles

Specific sold transactions are not contained in the supplied scrape, so no unverified addresses or sold prices have been inserted. Check recent Land Registry / local comparable evidence before setting a maximum bid.

Potential BRRR Position

Illustrative middle case: guide £350,000 plus midpoint works of £12,250 gives about £362,250 before acquisition/finance costs. At the midpoint HB value of £385,000, an illustrative 75% refinance is about £288,750, leaving approximately £73,500 of purchase/works capital before transaction costs.

Flip Analysis

Midpoint HB value £385,000 less guide and midpoint works gives an initial gross spread of about £22,750. This is not profit: SDLT, auction fees, legal fees, finance, holding costs, utilities, insurance, selling fees and contingency must also be deducted.

Investor Risks & Due Diligence

• Review the full legal pack, title and special conditions

• Confirm buyer's premium / auction administration charges and completion timetable

• Obtain a suitable condition or structural survey

• Verify refurbishment quotations and contingency

• Verify current rental evidence and recent comparable sales

• Confirm lender requirements, valuation and exit finance

Recommendation

Initial recommendation: Buy-to-Let / Resale. Proceed only if the legal pack, condition, funding and exit-value evidence support the proposed maximum bid.

Strategy Rating

Buy-to-Let: ★★★★☆ | BRRR: ★★★☆☆ | Flip/Resale: ★★★☆☆