Acorn, 9 Hornash Lane, Shadoxhurst, Ashford, Kent

Description

Acorn is a detached three-bedroom bungalow with double glazed windows and an oil heating system via radiators. It is in need of total refurbishment, improvement and some repair. Alternatively, it may be suitable for demolition and re-build with a new detached property, perhaps a chalet-style, subject to all necessary consents being obtainable.

Accommodation

Ground floor: entrance hall, kitchen/dining room with patio door to side, living room with door to conservatory, three bedrooms and wet room/W.C.

Location

The village of Shadoxhurst with its village hall and Kings Head public house lies in the Kent Weald between the North Downs and Romney Marsh.

Tenure / Property Information

Investment Analysis

The supplied completed sales on Hornash Lane range from £410,000 to £815,000, but no bedroom counts, floor areas, condition details or bungalow comparables are provided. They are therefore insufficient to support a reliable GDV for this three-bedroom bungalow. The £200,000+ guide is not a valuation. The property requires total refurbishment, improvement and some repair, while demolition and redevelopment is only a possibility subject to obtaining all necessary consents.

Investment Snapshot

Strategy Recommendation

Undertake full due diligence before bidding, including a building survey, measured refurbishment quotation, planning review for any redevelopment, and independent valuation. Do not rely on the supplied sales alone to justify a bid above the guide.

Works Required

Total refurbishment, improvement and repair of the existing bungalow as described. Scope and cost are not specified. Demolition and construction of a replacement detached property is an alternative only if all necessary consents can be obtained.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be supported without a reliable post-refurbishment GDV, refurbishment budget, rent evidence and full acquisition-cost information. Vacant possession is available, but the property is described as requiring total refurbishment.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is provided. Refurbishment costs, fees and acquisition taxes are also unquantified.

Flip Analysis

A flip appraisal cannot be reliably calculated. Although local completed sales are provided, their size, layout and condition are unknown and they are not identified as comparable bungalows. No works budget or selling-cost allowance is supplied.

Investor Risks & Due Diligence

• The property is described as requiring total refurbishment, improvement and some repair, but the scope and cost are unknown.

• Demolition and redevelopment is subject to all necessary consents being obtainable.

• No sufficiently specific rental evidence is available.

• The supplied sold comparables lack bedroom, floor-area and condition details and may not be directly comparable.

• Administration, other non-optional fees, searches, Stamp Duty, Land Registry fees and VAT may be payable but are not quantified.

Recommendation

Undertake full due diligence before bidding, including a building survey, measured refurbishment quotation, planning review for any redevelopment, and independent valuation. Do not rely on the supplied sales alone to justify a bid above the guide.

Strategy Rating

Analysis Confidence

Completed sales are available on the same lane, but there are no sufficiently comparable bungalow details, no rental evidence, no works budget and no quantified fees or redevelopment information.