Flat A, Brook House, Fore Street, Kingsbridge, Devon, TQ7 4LY

Description

A vacant one-bedroom flat in Kingsbridge, Devon. Requiring renovation throughout, the accommodation comprises a living room, kitchen, bedroom and a shower room. Externally there is a rear garden.

Accommodation

Living room; kitchen; bedroom; shower room; rear garden

Location

Kingsbridge, Devon

Tenure / Property Information

Investment Analysis

No completed-sale comparables or other valuation evidence were supplied. The £80,000–£90,000 guide is auction guidance only and is stated to be plus fees; market value and GDV cannot be established reliably from the evidence.

Investment Snapshot

Strategy Recommendation

Do not set a bid or strategy from the supplied evidence alone. Obtain the legal pack, inspect the flat, confirm lease terms and obtain refurbishment, valuation and rental evidence before considering purchase.

Works Required

Renovation throughout the stated living room, kitchen, bedroom and shower room. Scope and cost require inspection and contractor pricing. The EPC F36 rating may require consideration of energy-efficiency works, but no specific defects or measures are evidenced.

Rental & Market Context

Potential BRRR Position

BRRR appraisal cannot be established without supported GDV, refurbishment costs, achievable rent, lease information and finance assumptions. The property is vacant and requires renovation throughout, while the EPC is F36.

Buy-to-Let Analysis

BTL appraisal cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate was supplied. Renovation costs, lease details and additional acquisition charges are also unresolved. The stated £1,200 including VAT admin charge should be allowed for if proceeding.

Flip Analysis

A flip surplus cannot be calculated because there are no completed-sale comparables, supported GDV, refurbishment costs or selling-cost allowance. The guide range is not a resale valuation and additional fees may apply.

Investor Risks & Due Diligence

• Renovation is stated to be required throughout, but no specification or cost estimate is available.

• EPC rating F36 indicates poor recorded energy performance, with no improvement scope supplied.

• Lease length, service charge, ground rent and other lease restrictions are not provided.

• No rental evidence or supported rent estimate is available.

• No completed-sale comparables or supported GDV evidence is available.

• Additional search, seller-cost reimbursement, legal, transfer and other charges may apply.

• The property is leasehold and vacant, with no supplied evidence on title, condition beyond the description or legal-pack matters.

Recommendation

Do not set a bid or strategy from the supplied evidence alone. Obtain the legal pack, inspect the flat, confirm lease terms and obtain refurbishment, valuation and rental evidence before considering purchase.

Strategy Rating

Analysis Confidence

Only basic property, guide-price, vacancy, condition description, EPC and one known admin charge are supplied; there are no sales comparables, rental evidence, lease details, works costs or GDV evidence.