9 Ingleton Avenue, Manchester, Lancashire, M8 4QT

Description

A Vacant Three Bedroom Mid Terrace House. The property comprises a three bedroom mid terrace house arranged over ground and first floors.

Accommodation

Ground Floor: Reception Room; Kitchen. First Floor: Three Bedrooms; Bathroom. Exterior: The property benefits from a rear garden.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Crumpsall Park are within easy reach, while North Manchester General Hospital is just a few minutes’ walk away. Transport links are provided by Crumpsall rail station.

Tenure / Property Information

Investment Analysis

The property is offered at £125,000+ plus fees. Supplied Land Registry comparables on the same road range from £72,000 to £95,000, but were completed between 2010 and 2014 and do not establish a current market value. Current GDV and refurbishment costs cannot be reliably estimated from the evidence.

Investment Snapshot

Strategy Recommendation

Do not bid on financial assumptions alone. Obtain the legal pack, inspect condition and verify current comparable values and rental demand before bidding.

Works Required

No specific defects or required works are evidenced. A physical inspection and legal pack review are required before budgeting refurbishment.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR viability cannot be assessed without a current GDV, refurbishment budget, rental evidence and finance assumptions. The vacant status may allow possession, but no condition or refinance value is evidenced.

Buy-to-Let Analysis

No sufficiently specific rental evidence or auctioneer rent estimate is supplied, so rent and yield cannot be established. The £1,800 administration charge is known; other fees may also apply.

Flip Analysis

A resale analysis cannot be completed reliably. The available sold comparables are historic and no supported current GDV, works budget or selling allowance is provided.

Investor Risks & Due Diligence

• Historic comparables may not reflect current market value.

• Property condition and refurbishment requirements are unknown.

• Rental income and yield cannot be established from the supplied evidence.

• Buyer fees, legal fees, searches, transfer fees and other disbursements may be payable.

• Auction guide price is not a valuation and the final purchase price may exceed it.

Recommendation

Do not bid on financial assumptions alone. Obtain the legal pack, inspect condition and verify current comparable values and rental demand before bidding.

Strategy Rating

Analysis Confidence

The evidence confirms the property configuration, tenure, vacancy, guide price and historic local sales, but lacks current valuation, condition, rental, EPC and full fee information.