Trackside, Hampton Loade, Bridgnorth, Shropshire, WV16 6BN

Description

The property comprises of Kitchen, Reception room, Two bedrooms and Family bathroom. Externally the property benefits from large decking area to the front, balcony off the reception room and front garden. The property is suited to those looking to add short term let properties to their portfolio or owner occupiers looking to live in a quiet rural setting. We have been advised that the property is of brick build and services include mains electric and water with off grid gas supply. Parking is available at the property for an annual fee of £10.

Accommodation

Kitchen 3.53m (11'7") x 2.63m (8'7") max; Living Room 3.94m x 2.00m (12'11" x 6'7"); Bedroom 1 2.84m x 2.90m (9'4" x 9'6"); Bedroom 2 2.83m × 1.76m (9'3" x 5'9"); Bathroom 1.60m × 1.76m (5'3" x 5'9")

Location

Hampton Loade is a picturesque riverside village on the banks of the River Severn, situated within the scenic Shropshire countryside. The area is popular for its peaceful setting, beautiful walks and outdoor pursuits, while the historic market town of Bridgnorth is approximately 6 miles away, offering a range of shops, cafés, restaurants and everyday amenities.

Tenure / Property Information

Investment Analysis

The supplied sold comparables in Hampton Loade range from £118,000 to £320,000, but they are detached properties with sale dates between 2012 and 2018. No sufficiently specific bungalow comparable, current valuation evidence, condition assessment or floor area is supplied. A reliable GDV or maximum bid therefore cannot be established. The £135,000 guide should not be treated as confirmed market value.

Investment Snapshot

Strategy Recommendation

Proceed only after legal-pack, condition, service and short-let due diligence. The opportunity is more suitable for a carefully verified short-term-let strategy or owner occupation than a demonstrated BRRR or flip, because rent is only an auctioneer estimate and GDV evidence is insufficient.

Works Required

No specific refurbishment works are evidenced. Allow for inspection and verification of the kitchen, bathroom, decoration, decking, balcony, services and off-grid gas arrangements before bidding. No refurbishment allowance has been assumed in the calculations.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR cannot be reliably underwritten because no supported GDV, refurbishment budget, lending assumptions or refinance valuation is available. At the guide, known purchase and stated auction charges total £138,840 before legal-pack disbursements, searches, finance, tax or other costs. The £25,000+ rent estimate may support investigation, but does not establish refinanceability.

Buy-to-Let Analysis

The auctioneer estimates rent of £25,000+ per annum, equivalent to £2,083.33+ per calendar month. This produces an indicative gross yield of 18.52% against the guide and 18.01% against the guide plus the stated £1,800 buyer premium and £2,040 admin charge. The figure is an estimate rather than passing or achieved rent, and no sufficiently specific external rental comparable, operating costs, occupancy assumptions or short-let restrictions are supplied.

Flip Analysis

A flip surplus cannot be calculated because there is no reliable current GDV, refurbishment budget or supported selling-cost allowance. The historic detached comparables are not sufficiently specific or current to support a resale valuation for this two-bedroom bungalow.

Investor Risks & Due Diligence

• The £25,000+ annual rent is an auctioneer estimate, not achieved or passing rent.

• No sufficiently specific external rental comparable is available.

• The supplied sales are historic detached-property comparables and may not represent this two-bedroom bungalow.

• Condition and any required works are not evidenced.

• Off-grid gas supply requires verification, including operating arrangements and costs.

• Parking is available only for an annual £10 fee, which should be confirmed and documented.

• Additional legal-pack disbursements, searches, seller-cost reimbursement, legal fees and transfer fees may be payable.

• No EPC, council tax or occupancy information is supplied.

• Short-term-let permissions, restrictions and practical operating costs are not evidenced.

Recommendation

Proceed only after legal-pack, condition, service and short-let due diligence. The opportunity is more suitable for a carefully verified short-term-let strategy or owner occupation than a demonstrated BRRR or flip, because rent is only an auctioneer estimate and GDV evidence is insufficient.

Strategy Rating

Analysis Confidence

The property description, guide, stated auction charges, historic local sales and auctioneer rent estimate are supplied, but current comparable evidence, condition, EPC, council tax, achieved rents, legal-pack costs and GDV evidence are incomplete.