Whitland Manorafon, Login, Whitland, Dyfed, Wales, SA34 0TH

Description

Vacant freehold semi-detached house. Ground floor with reception room with kitchen and bedroom with ensuite; first floor with bedroom with ensuite and two further bedrooms. Garden at the rear and off-street parking. GIA approximately 120 sq m (1,291 sq ft).

Accommodation

Ground floor: reception room with kitchen, bedroom with ensuite. First floor: bedroom with ensuite and two further bedrooms. Garden at the rear. Off-street parking. GIA (Source: EPC) approximately 120 sq m (1,291 sq ft).

Location

Located in Manofran, the property is situated on the north side of the village. There is a range of shops and amenities to the east along Market and Bridge Street in the centre of Abergele. Abergele and Pensarn rail station is approximately 1.3 miles to the north west. The A40 is to the south. Within reach of excellent schools and convenient transport links.

Tenure / Property Information

Investment Analysis

The evidence is limited to three semi-detached freehold sales in the same Login/SA34 0TH area: £292,500 in January 2023, £115,000 in August 2017 and £150,000 in December 2006. The 2023 sale is the most relevant by date but provides no bedroom, size or condition details, so it cannot be treated as a fully comparable valuation. A base GDV of £292,500 uses the latest supplied local sale, while £150,000 is retained as a lower evidence point. No supported high scenario is available. The £130,000+ guide is below the latest comparable but the property's condition, auction outcome and any additional charges are unknown.

Investment Snapshot

Strategy Recommendation

Proceed only subject to inspection, legal review and verification of the latest comparable. At the guide, the property merits further investigation, but do not bid on a BRRR or flip assumption until works, rent, fees and achieved auction price are established.

Works Required

No specific defects or required works are evidenced. A physical inspection should establish whether any repair, upgrading, safety, statutory or presentation works are required before a refurbishment budget or maximum bid can be calculated.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the base GDV of £292,500, a 75% refinance would be approximately £219,375. However, refurbishment costs, acquisition charges and rent are unsupported, so total project cost, equity requirement and cash left in cannot be calculated. The BRRR case should not be relied upon without inspection, rent evidence and fee confirmation.

Buy-to-Let Analysis

BTL appraisal cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The property is vacant, but achievable rent, operating costs, finance costs and condition remain unverified.

Flip Analysis

A potential resale spread exists against the £130,000+ guide when compared with the latest supplied £292,500 local sale, but the comparable lacks size, bedroom and condition information. No works allowance, buyer charges, selling costs or auction purchase price is available, so a reliable flip surplus cannot be calculated.

Investor Risks & Due Diligence

• The latest £292,500 comparable has no supplied bedroom, floor-area or condition details.

• The 2017 and 2023 sales show a wide price range, creating substantial valuation uncertainty.

• No condition information or refurbishment cost evidence is supplied.

• No sufficiently specific rental evidence is available, preventing yield assessment.

• The final auction purchase price and any seller or third-party charges are unknown.

• The supplied location narrative references Abergele while the property address is in Login, Whitland; location details should be verified.

Recommendation

Proceed only subject to inspection, legal review and verification of the latest comparable. At the guide, the property merits further investigation, but do not bid on a BRRR or flip assumption until works, rent, fees and achieved auction price are established.

Strategy Rating

Analysis Confidence

There are local completed-sale points and a stated property specification, but the comparables lack detailed matching information and there is no condition report, rental evidence, refurbishment budget or buyer-cost schedule.