Oak Cottage, Foster Street, Harlow, Essex

Description

A charming, vacant 2 bedroom cottage in excellent decorative order benefitting from 2 reception rooms, a front garden laid to lawn with a shingle driveway/parking space and a 65' rear garden laid to lawn.

Accommodation

Entrance; Lounge - 13'8 x 6'7; Dining Room - 12'2 x 8'11; Kitchen - 8'1 x 7'9; Bathroom - 7'9 x 6'5; Internal rear Lobby; First Floor Landing; Bedroom One - 12'4 x 8'11; Bedroom Two - 10'9 x 6'7

Location

Oak Cottage sits in the sought-after hamlet of Foster Street. A peaceful, semi-rural setting near Harlow Common. Despite its tranquil, village feel, the location offers excellent connectivity, with easy access to Junction 7 of the M11 and Harlow town centre close by, complete with its shops, leisure facilities and rail links. The surrounding countryside is easily accessible and adds to the property's charming rural appeal.

Tenure / Property Information

Investment Analysis

The £225,000 guide is the only supplied pricing evidence and is stated as plus fees. No completed sales comparables or formal valuation evidence were supplied, so market value and GDV cannot be reliably estimated.

Investment Snapshot

Strategy Recommendation

Proceed only after independent valuation, rental appraisal, full inspection and confirmation of all buyer and administration fees. Do not bid above a separately evidenced maximum.

Works Required

The property is described as being in excellent decorative order. No specific refurbishment works are evidenced; allow for inspection-led maintenance only, without a quantified budget.

Rental & Market Context

Potential BRRR Position

A BRRR assessment cannot be completed because GDV, rent, refurbishment cost and total acquisition costs are unsupported. The property’s freehold tenure and vacant status are noted.

Buy-to-Let Analysis

The property is vacant and identified as a residential investment, but no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Rental income and yield therefore cannot be established.

Flip Analysis

A flip assessment cannot be completed because there are no completed sale comparables, supported GDV, quantified works budget or selling-cost allowance.

Investor Risks & Due Diligence

• No completed sales comparables supplied

• No sufficiently specific rental evidence supplied

• Buyer fees are stated to apply but no amount is provided

• Condition and refurbishment costs are not independently evidenced

• Vacant property requires inspection and ongoing holding-cost assessment

Recommendation

Proceed only after independent valuation, rental appraisal, full inspection and confirmation of all buyer and administration fees. Do not bid above a separately evidenced maximum.

Strategy Rating

Analysis Confidence

The evidence confirms the property description, tenure, vacancy and guide price, but provides no rental evidence, completed comparables, condition survey, fees or refurbishment budget.