Wayside, Brookfield Drive, NOTTINGHAM, Nottinghamshire, NG14 7JW

Description

Vacant possession Spacious five double bedroom detached Beautiful village location Description A four double bedroom, detached property located in the highly desirable village of Hoveringham. This is the first time that the property has been offered for sale, having been owned by the same family since it was built in the 1940s. The property requires a scheme of works throughout, presenting a huge opportunity to increase the value and make the property your own. The accommodation comprises an entrance hall, living room, dining room, two further reception rooms and a kitchen to the ground floor. There are five double bedrooms and a bathroom to the first floor. Externally, there are good sized gardens to the front and rear, with a driveway giving ample offroad parking. There is access to an outhouse, outside WC and coal store. There is also a garage and workshop, with both requiring attention and we haven’t been able to fully inspect the condition due to the overgrown garden. Hoveringham

Location

Property located at Wayside, Brookfield Drive, NOTTINGHAM, Nottinghamshire, NG14 7JW.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £15,000–£35,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆