Tower Hill, Witney
Bungalow · 3 bed
Supports major UK property portals
Suggested Offer Range
Already 33.4% below the comparable sales mean — limited negotiation margin. Strong value at current asking price. Note: listed as "Offers Over" — vendor expects full asking price or above.
Property Details
- Asking Price
- £325,000
- Property Type
- Bungalow
- Bedrooms
- 3
- Bathrooms
- N/A
- Est. Floor Area
- 1206 sqft (est.)
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
This listing is priced below the postcode sector benchmark.
Motivated Seller Analysis
Watch — 4/10Behavioural signals: 70 days on marketBelow market value
Matched signals:
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £1,014 |
| ICR (actual) | 1.45x |
| Feasibility | MARGINAL |
| Notes: Rental coverage 104% — below standard 145% threshold, may need larger deposit | |
| 💲 Total Cash Required | |
| Purchase Price | £325,000 |
| Deposit (25% — 75% LTV) | £81,250 |
| SDLT (additional property, 5% surcharge) | £22,500 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £106,749 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £325,000 | Loan (75% LTV) | £243,750 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £1,117 |
| Rent needed (1.5×) | £1,676/mo | Estimated rent | £1,472/mo |
| Stress ratio | 1.32× (need ≥ 1.5×) £204 shortfall | ||
Assumptions: 75% LTV · 5.5% interest only · 1.5× rent coverage (standard lender requirement). Actual lender criteria vary — verify with your broker.
Exit Strategy
Capital appreciation projections at 2.5% pa (local Land Registry HPI). Assumes 75% LTV interest-only mortgage redeemed on sale. Excludes rental income.
| Est. reno cost | Unknown — score listing |
| Cash left in deal | Unknown |
| SA gross/mo | £1,959 |
| SA net/mo | £1,574 |
| BTL est./mo | £1,473 |
| SA vs BTL uplift | +£486/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £349,989 | +£24,989 | £94,212 | +£12,962 (4.0%) |
| 5 years | £367,708 | +£42,708 | £107,412 | +£26,162 (8.0%) |
| 7 years | £386,323 | +£61,323 | £121,281 | +£40,031 (12.3%) |
Projections: 2.5% pa HPI, 75% LTV IO mortgage redeemed at sale, 1.5% EA, £1,500 legal, 24% CGT above £3k allowance. Not financial advice.
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📈 Rental Yield & ROI Forecast
Compound-growth projection: 2.5% annual rent growth + 3% capital growth. IO mortgage throughout. For illustration only.
| Year | Est. Rent/yr | Est. Value | Net Income/yr | Cum. Cashflow | Total Return | ROI on Cash Invested |
|---|---|---|---|---|---|---|
| Yr 1 | £17,680 | £334,750 | £12,285 | £97 | £9,847 | 9.1% |
| Yr 3 | £18,575 | £355,136 | £12,929 | £1,254 | £31,390 | 29.1% |
| Yr 5 | £19,515 | £376,764 | £13,606 | £3,748 | £55,513 | 51.5% |
| Yr 10 | £22,080 | £436,773 | £15,453 | £16,290 | £128,062 | 118.7% |
| Yr 15 | £24,981 | £506,339 | £17,542 | £38,779 | £220,118 | 204.1% |
| Yr 20 | £28,264 | £586,986 | £19,905 | £72,523 | £334,509 | 310.2% |
| Yr 25 | £31,978 | £680,478 | £22,579 | £119,002 | £474,480 | 439.9% |
| Yr 30 | £36,180 | £788,860 | £25,605 | £179,889 | £643,749 | 596.9% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
🌎 Area Profile — OX28 5 ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,251 | 4.6% | 2.9% | £-544 | -13.7% |
| Conservative | £1,369 | 5.1% | 3.4% | £-196 | -2.4% |
| Base | £1,472 | 5.4% | 3.8% | £7 | 2.5% |
| Optimistic | £1,590 | 5.9% | 4.2% | £225 | 7.9% |
| Bull | £1,737 | 6.4% | 4.7% | £471 | 14.8% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●5.44% |
| Net Yield | ●3.78% |
| Net Annual Income | £12,273 |
| Deductions: void 8% (−£1,414) · mgmt 10% (−£1,768) · maint 10% (−£1,768) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £1,014 |
| Monthly Cashflow (IO) | ●£9 |
| Cash-on-Cash Return | ●0.08% |
| 5-Year IRR | ●2.5% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £22,500 |
| SDLT Effective Rate | 6.92% |
| SDLT (Company) | £22,500 |
| Section 24 Extra Tax/yr (higher rate) | £2,438 |
| SPV Annual Saving | £3,194 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £376,764 |
| Less: Purchase Price | −£325,000 |
| Less: Buying Costs (SDLT + legal) | −£25,100 |
| Less: Selling Costs (est. 2.5%) | −£9,419 |
| = CGT Net Gain (5yr) | £17,245 |
| CGT at 24% | £3,419 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,251 | 4.6% | 2.9% | £-544 | -13.7% |
| Conservative | £1,369 | 5.1% | 3.4% | £-196 | -2.4% |
| Base | £1,472 | 5.4% | 3.8% | £7 | 2.5% |
| Optimistic | £1,590 | 5.9% | 4.2% | £225 | 7.9% |
| Bull | £1,737 | 6.4% | 4.7% | £471 | 14.8% |