Bridge House, Haw Bridge, Gloucester, Gloucestershire, GL19 4HL

Description

By Order of the Mortgagees Not in Possession. The auctioneers were unable to inspect the property at the time of print but believe the property to comprise 4 bedrooms. Purchasers are deemed to rely upon their own enquiries as to the internal layout of the property.

Accommodation

The property is believed to comprise 4 bedrooms.

Location

The property is located near Haw Bridge, off the B4213. Shopping amenities can be found locally within Cheltenham Town Centre to the south east. Public transport links are available at Cheltenham Spa Train Station and Gloucester Train Station both lying to the south east along with a network of local bus services serving the surrounding areas. The property is served by road links including the M5 to the east and M50 to the north. Recreational pursuits can be found at Longford Park to the south.

Tenure / Property Information

Investment Analysis

The £390,000 guide is the only supplied pricing evidence. No completed sales, rental comparables, inspection findings or formal valuation evidence were provided, so market value, GDV and investment returns cannot be reliably estimated. The property is believed to be a four-bedroom freehold semi-detached house, but the internal layout is unverified.

Investment Snapshot

Strategy Recommendation

Do not bid on an investment basis until the property has been inspected, the legal pack and special conditions reviewed, and independent valuation and rental evidence obtained.

Works Required

No specific works can be supported from the evidence because the auctioneers could not inspect the property. The buyer should arrange a full inspection, confirm the internal layout, assess condition and obtain information on heating, parking and the EPC before bidding.

Rental & Market Context

Potential BRRR Position

A BRRR assessment cannot be completed without supported GDV, rent, refurbishment cost and finance assumptions. The uninspected condition and unverified layout create substantial uncertainty over both acquisition and refinance value.

Buy-to-Let Analysis

BTL returns cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate was supplied. The guide price is £390,000, with a known £1,800 contract documentation fee, but refurbishment, operating costs and any seller fees are unknown.

Flip Analysis

A flip appraisal cannot be completed because there are no completed sales, GDV evidence, inspection findings, works costs or supported selling allowance. The known guide price is £390,000 and the buyer documentation fee is £1,800, with possible additional seller fees under the special conditions.

Investor Risks & Due Diligence

• The auctioneers were unable to inspect the property and the internal layout is unverified.

• The property is being sold by order of mortgagees not in possession, increasing the importance of independent due diligence.

• No rental evidence or auctioneer rent estimate was supplied.

• No completed sales evidence was supplied to support market value or GDV.

• Condition, heating and parking are unknown.

• EPC is to be advised.

• Additional seller fees may be payable under the special conditions of sale.

• The £1,800 contract documentation fee is payable by the buyer.

Recommendation

Do not bid on an investment basis until the property has been inspected, the legal pack and special conditions reviewed, and independent valuation and rental evidence obtained.

Strategy Rating

Analysis Confidence

Evidence is limited to the guide price, basic believed property description and known documentation fee. There are no sales comparables, rental evidence, inspection findings, EPC, confirmed layout, parking details, heating details or disclosed seller fees.