Maryport 1 Road End View, Dearham, Maryport, Cumbria, CA15 7EN

Description

Vacant freehold end of terrace house with a rear yard and GIA approximately 66.6 sq m (717 sq ft), situated on the edge of the Lake District National Park.

Accommodation

Ground floor: Reception Room, Reception Room/Kitchen, Bathroom, Utility Room. First floor: Two Bedrooms. Rear Yard. GIA approximately 66.6 sq m (717 sq ft).

Location

The property is situated on the south side of Central Road, adjacent with Maryport Road. A range of local shops and amenities is available nearby in Dearham. More extensive amenities are available within Maryport. The A596 is towards the north and provides access to the M6 motorway. Maryport rail station is approximately 2 miles to the west. Flimby Woods is to the south west. The property is situated on the edge of the Lake District National Park.

Tenure / Property Information

Investment Analysis

The evidence confirms a vacant, freehold two-bedroom end-of-terrace house of approximately 717 sq ft in Dearham, but provides no completed sales comparables, rental comparables, EPC, council tax, heating or parking information. The £40,000+ guide is an auction guide rather than evidence of market value. GDV and refurbishment costs cannot be reliably estimated from the supplied information.

Investment Snapshot

Strategy Recommendation

Do not bid on investment economics until an inspection, local completed-sales evidence, rental evidence and all auction or seller charges have been obtained. Treat the £40,000+ figure only as the auction guide.

Works Required

No specific defects or required works are evidenced. Arrange a full inspection, including the structure, roof, services, kitchen, bathroom, windows, damp and external rear yard, before estimating refurbishment costs.

Rental & Market Context

Potential BRRR Position

BRRR analysis cannot be quantified because GDV, refurbishment costs, achievable rent and refinance value are unsupported. The guide price alone is insufficient to establish refinance equity or cash left in.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Vacant possession may assist letting, but achievable rent, operating costs and total acquisition costs remain unknown.

Flip Analysis

A flip appraisal cannot be completed because there are no completed sales comparables, supported GDV, refurbishment allowance or selling-cost allowance. The property’s size, accommodation and location are known, but resale value remains unverified.

Investor Risks & Due Diligence

• No completed sales comparables are supplied, so market value and GDV are unsupported.

• No sufficiently specific rental evidence or auctioneer rent estimate is supplied.

• Property condition and refurbishment requirements are unknown.

• EPC, council tax, heating and parking information are not supplied.

• Additional seller or third-party charges may apply and are not quantified.

• The property is vacant, but vacant possession does not establish condition, letting demand or achievable rent.

Recommendation

Do not bid on investment economics until an inspection, local completed-sales evidence, rental evidence and all auction or seller charges have been obtained. Treat the £40,000+ figure only as the auction guide.

Strategy Rating

Analysis Confidence

Only basic property, location, tenure, occupancy, size and guide-price information is supplied; there are no sales or rental comparables, condition details, EPC, council tax, services information or confirmed fees.