Hawthorne Cottage, 6 Brewers Green, Diss, Suffolk, IP22 5SD

Description

A charming detached cottage in a semi-rural location. Just a mile and a half from Diss and with rural aspects to the front and rear is this attractive detached cottage presented in good order throughout. A particularly well priced Lot which is an ideal family home.

Accommodation

Porch, sitting/dining room, kitchen, conservatory, bathroom and three bedrooms.

Location

Semi-rural location, approximately 1.5 miles from Diss, with rural aspects to the front and rear.

Tenure / Property Information

Investment Analysis

The only supplied completed sales are for the same property: £249,950 in 2008 and £71,000 in 1996. These historic transactions are too old to support a current market value or GDV. The current auction guide is £200,000–£220,000, but it is not a formal valuation. The description presents the cottage as being in good order and suitable as a family home, with no specific refurbishment defects identified.

Investment Snapshot

Strategy Recommendation

Consider primarily as an owner-occupier family home, subject to viewing, legal due diligence and confirmation that the total acquisition cost is acceptable. The supplied evidence does not support a BTL, BRRR or flip decision.

Works Required

No specific works are evidenced. Allow for normal inspection, legal due diligence and any maintenance identified during viewing, but no refurbishment allowance can be reliably quantified from the supplied information.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR analysis cannot be established because current GDV, refurbishment costs, achievable rent and refinance value are unsupported. The known acquisition charges are £2,700, with further possible auction-related costs not quantified.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is provided. The known buyer premium and admin charge total £2,700, before any additional search, seller-cost reimbursement, legal or transfer charges.

Flip Analysis

A flip surplus cannot be calculated. The historic £249,950 sale from 2008 is not sufficient evidence of current resale value, and no refurbishment budget or selling-cost allowance is supplied.

Investor Risks & Due Diligence

• Historic comparable sales may not reflect current market value.

• No sufficiently specific rental evidence is available, so investment yield cannot be assessed.

• Additional search fees, sellers' cost reimbursement, legal fees and transfer fees may apply but are unquantified.

• The property's actual condition and any required works are not detailed beyond being described as in good order.

• Occupancy status is not supplied.

Recommendation

Consider primarily as an owner-occupier family home, subject to viewing, legal due diligence and confirmation that the total acquisition cost is acceptable. The supplied evidence does not support a BTL, BRRR or flip decision.

Strategy Rating

Analysis Confidence

The property description, tenure, guide and known auction charges are supplied, but current comparable evidence, rental evidence, condition detail, refurbishment costs and current valuation evidence are absent.