9 Elizabeth Crescent, Broseley, Shropshire, TF12 5PL

Description

Description The ground floor features a generous 21ft lounge/dining room with sliding patio doors opening directly onto the rear garden, creating a bright and welcoming living space. There is also a practical galley kitchen with an adjoining utility area providing additional storage and convenience. Upstairs, you will find two well-proportioned bedrooms along with a family bathroom. Externally, the property benefits from driveway parking at the front and a surprisingly generous rear garden offering plenty of potential for landscaping or outdoor entertaining. Local schools, shops, and everyday amenities are all within easy reach, making this a convenient and appealing home. This property is non standard construction. Tenure Freehold

Location

9 Elizabeth Crescent, Broseley, Shropshire, TF12 5PL

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

• Verify planning status, access, services and development constraints

HB initial works allowance: £5,000–£15,000. 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: £135,000–£152,500. 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 £125,000 plus midpoint works of £10,000 gives about £135,000 before acquisition/finance costs. At the midpoint HB value of £143,750, an illustrative 75% refinance is about £107,812, leaving approximately £27,188 of purchase/works capital before transaction costs.

Flip Analysis

Midpoint HB value £143,750 less guide and midpoint works gives an initial gross spread of about £8,750. 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: ★★★☆☆