Heath Cottage, Casey Lane, Burton-On-Trent, Staffordshire

Description

A two bedroom detached house situated in a popular and convenient location in Burton. The property benefits from gas central heating and uPVC double glazing but requires some cosmetic modernisation. Well placed for local amenities and close to the Train Station and Town Centre. Courtyard garden which may offer scope for parking, subject to permissions. An ideal buy to let investment opportunity.

Accommodation

Hallway - 3.40m x 2.60m, with stairs off. Lounge - 3.77m x 3.70m, with radiator and window to front. Kitchen - 3.76m x 2.50m max, with base and wall units, sink, work surfaces, space for appliances and window to front. Landing. Bedroom One - 3.75m x 2.75m, with radiator and window to front. Bedroom Two - 3.45m x 2.77m, with radiator, built in wardrobe and window to front. Bathroom with low flush w.c., wash hand basin and double shower cubicle, tiled walls, heated towel rail and window to side. Outside: courtyard garden with gated access.

Location

Situated in a popular and convenient location in Burton, well placed for local amenities and close to the Train Station and Town Centre.

Tenure / Property Information

Investment Analysis

No HM Land Registry sold comparables or other valuation evidence were supplied, so market value, GDV and resale surplus cannot be established. The £65,000+ guide is not a formal valuation. At the guide price, the buyer premium is £6,000 because the 4.8% calculation is below the stated minimum; additional Special Conditions fees are unknown.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Obtain an independent valuation, rental assessment, detailed refurbishment quotation and review the Special Conditions before considering a buy-to-let purchase.

Works Required

Cosmetic modernisation only, as described by the auctioneer. No detailed schedule, specification or refurbishment budget was supplied, so the works allowance cannot be quantified.

Rental & Market Context

Potential BRRR Position

A BRRR assessment cannot be completed because there is no supported rent, GDV, refurbishment budget or refinance valuation. The known minimum buyer premium at the guide price is £6,000, with additional Special Conditions fees possible.

Buy-to-Let Analysis

The property is described as an ideal buy-to-let opportunity, but no sufficiently specific rental evidence or auctioneer rent estimate was supplied. Rent and yield cannot therefore be established. At the £65,000 guide, the known minimum buyer premium is £6,000, before any refurbishment and other possible fees.

Flip Analysis

A flip surplus cannot be calculated because no sold comparables, GDV, detailed works budget or supported selling allowance were supplied. The description confirms only that cosmetic modernisation is required.

Investor Risks & Due Diligence

• No specific rental evidence or passing rent is supplied, so investment yield is unverified.

• No completed-sale comparables or formal valuation evidence are supplied.

• The property requires cosmetic modernisation, but the scope and cost are unknown.

• The courtyard may offer parking only subject to permissions; parking is therefore not confirmed.

• The buyer premium is subject to a £6,000 minimum at the guide price, and additional Special Conditions fees may apply.

• Tenure and occupancy information were not supplied.

Recommendation

Do not bid on the current evidence alone. Obtain an independent valuation, rental assessment, detailed refurbishment quotation and review the Special Conditions before considering a buy-to-let purchase.

Strategy Rating

Analysis Confidence

The description and guide price are available, but there are no sold comparables, rental evidence, EPC, council tax, tenure, occupancy, refurbishment budget or GDV evidence.