Flat 1, 5 Market Mews,, Market Street, CINDERFORD, Gloucestershire, GL14 2RT

Description

Leasehold ground floor flat Location: The property is located on Market Street. Shopping amenities are available locally within Cinderford Town Centre with a more comprehensive range of shops, bars and restaurants found within Gloucester City Centre lying to the east. Public transport links are provided by a network of local bus services serving the surrounding areas. The property is served by road links including the A4151 located to the east. Recreational pursuits are available locally. Accommodation: One bedroom, reception room open plan to kitchen, bathroom/wc EPC Rating: D Council Tax Band: A Lease: Held on a lease for a term of 999 years from 10/06/2010 at a ground rent of £TBC per annum. To view: 28/8, 5/9 at 11am No booking required – Please arrive at the time stated

Location

The property is located on Market Street. Shopping amenities are available locally within Cinderford Town Centre with a more comprehensive range of shops, bars and restaurants found within Gloucester City Centre lying to the east. Public transport links are provided by a network of local bus services serving the surrounding areas. The property is served by road links including the A4151 located to the east. Recreational pursuits are available locally. Accommodation: One bedroom, reception room open plan to kitchen, bathroom/wc

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆