Manor Road, Witney, OX28
Maisonette · 1 bed
Supports major UK property portals
Suggested Offer Range
Already 40.1% 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
- £195,000
- Property Type
- Maisonette
- Bedrooms
- 1
- Bathrooms
- N/A
- Est. Floor Area
- 850 sqft (est.)
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
This listing is priced below the postcode sector benchmark.
Motivated Seller Analysis
Standard — 2/10Behavioural signals: Below market value
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £608 |
| ICR (actual) | 1.52x |
| Feasibility | MARGINAL |
| Notes: Rental coverage 109% — below standard 145% threshold, may need larger deposit | |
| 💲 Total Cash Required | |
| Purchase Price | £195,000 |
| Deposit (25% — 75% LTV) | £48,750 |
| SDLT (additional property, 5% surcharge) | £11,150 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £62,899 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £195,000 | Loan (75% LTV) | £146,250 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £670 |
| Rent needed (1.5×) | £1,005/mo | Estimated rent | £926/mo |
| Stress ratio | 1.38× (need ≥ 1.5×) £79 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 | £1,647 |
| SA net/mo | £1,299 |
| BTL est./mo | £926 |
| SA vs BTL uplift | +£721/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £209,994 | +£14,994 | £56,215 | +£7,465 (3.8%) |
| 5 years | £220,625 | +£25,625 | £64,135 | +£15,385 (7.9%) |
| 7 years | £231,794 | +£36,794 | £72,456 | +£23,706 (12.2%) |
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 | £11,115 | £200,850 | £7,558 | £245 | £6,095 | 9.5% |
| Yr 3 | £11,678 | £213,082 | £7,963 | £1,341 | £19,423 | 30.3% |
| Yr 5 | £12,269 | £226,058 | £8,389 | £3,278 | £34,336 | 53.7% |
| Yr 10 | £13,881 | £262,064 | £9,549 | £12,083 | £79,147 | 123.7% |
| Yr 15 | £15,705 | £303,804 | £10,863 | £27,143 | £135,947 | 212.4% |
| Yr 20 | £17,769 | £352,192 | £12,349 | £49,279 | £206,470 | 322.6% |
| Yr 25 | £20,104 | £408,287 | £14,030 | £79,420 | £292,707 | 457.4% |
| Yr 30 | £22,746 | £473,316 | £15,932 | £118,620 | £396,936 | 620.2% |
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 | £787 | 4.8% | 2.9% | £-318 | -13.1% |
| Conservative | £861 | 5.3% | 3.5% | £-105 | -1.8% |
| Base | £926 | 5.7% | 3.9% | £20 | 3.0% |
| Optimistic | £1,000 | 6.2% | 4.3% | £155 | 8.5% |
| Bull | £1,093 | 6.7% | 4.9% | £306 | 15.3% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●5.7% |
| Net Yield | ●3.87% |
| Net Annual Income | £7,556 |
| Deductions: void 8% (−£889) · mgmt 10% (−£1,112) · maint 10% (−£1,112) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £608 |
| Monthly Cashflow (IO) | ●£22 |
| Cash-on-Cash Return | ●0.38% |
| 5-Year IRR | ●3.0% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £11,150 |
| SDLT Effective Rate | 5.72% |
| SDLT (Company) | £11,150 |
| Section 24 Extra Tax/yr (higher rate) | £1,462 |
| SPV Annual Saving | £2,032 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £226,058 |
| Less: Purchase Price | −£195,000 |
| Less: Buying Costs (SDLT + legal) | −£13,750 |
| Less: Selling Costs (est. 2.5%) | −£5,651 |
| = CGT Net Gain (5yr) | £11,657 |
| CGT at 24% | £2,078 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £787 | 4.8% | 2.9% | £-318 | -13.1% |
| Conservative | £861 | 5.3% | 3.5% | £-105 | -1.8% |
| Base | £926 | 5.7% | 3.9% | £20 | 3.0% |
| Optimistic | £1,000 | 6.2% | 4.3% | £155 | 8.5% |
| Bull | £1,093 | 6.7% | 4.9% | £306 | 15.3% |