Southport Plots A-D, 20 Granville Road, Southport, Merseyside

Description

Comprising four 3 bedroom houses. Each house benefits from a garage, allocated parking, solar panels and EV charging. All houses benefit from a private garden.

Accommodation

Four x 3 bedroom houses; each house has a garage, allocated parking and a private garden.

Location

Southport is an attractive coastal resort town located 20 miles north of Liverpool and 19 miles south-west of Preston. The shops, restaurants and amenities of Southport are easily accessible to the north. Southport station provides regular direct services to Liverpool Central. The town is located at the junction of the A565 and A570, providing direct access to the M58 motorway and the national motorway network. The open spaces of Ainsdale Beach are easily accessible. Royal Birkdale and Hillside Golf Links are both within easy reach.

Tenure / Property Information

Investment Analysis

The lot comprises four vacant freehold three-bedroom houses, each with a garage, allocated parking, solar panels, EV charging and private garden. The only relevant supplied comparable is the same address recorded at £550,000 in 2018, but it is not sufficiently current or clearly comparable to the present four-house development. No supported current GDV, rental evidence, works budget or buyer/admin fees are provided, so a reliable valuation or bid calculation cannot be established.

Investment Snapshot

Strategy Recommendation

Do not set a bid or pursue a BTL, BRRR or flip strategy until current comparable sales, individual house values, rental evidence, condition information and all purchase costs are verified.

Works Required

No specific works are evidenced. Allow for inspection and verification of the condition, services, solar panels, EV charging, garages, gardens and common/private gated-development arrangements before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed because current value, achievable rent, refurbishment cost, finance costs and buyer/admin charges are unsupported. Refinancing at 75% of GDV cannot be calculated without an evidence-supported GDV.

Buy-to-Let Analysis

The houses are vacant and appear potentially suitable for letting, but no sufficiently specific rental comparables or auctioneer rent estimate are supplied. Rent, yield, operating costs and investment returns cannot therefore be established. The £1.85m+ guide equates to at least £462,500 per house before any additional costs, but this is not a valuation conclusion.

Flip Analysis

A flip assessment cannot be completed reliably. The supplied £550,000 same-address sale from 2018 is historic and does not establish the current resale value of four houses. No supported selling allowance or works budget is available.

Investor Risks & Due Diligence

• The £550,000 comparable is from 2018 and is not sufficient evidence of current value.

• No reliable rental evidence or passing rents are provided.

• No condition or refurbishment information is supplied.

• Buyer, administration and other seller or third-party charges are unspecified.

• The four-house private gated-development arrangements and shared obligations require legal and technical verification.

• Vacant possession creates potential letting and holding-cost exposure before occupation.

Recommendation

Do not set a bid or pursue a BTL, BRRR or flip strategy until current comparable sales, individual house values, rental evidence, condition information and all purchase costs are verified.

Strategy Rating

Analysis Confidence

The property composition and guide price are supplied, but current valuation evidence, rental evidence, condition, EPC, council tax, heating, buyer/admin fees and project costs are absent.