Bingham Turner Way, Shrivenham, Swindon, Oxfordshire, SN6 8GL, SN6 8GL
Detached · 4 bed
Supports major UK property portals
Suggested Offer Range
Already 17.9% below the comparable sales mean — limited negotiation margin. Strong value at current asking price.
Property Details
- Asking Price
- £475,000
- Property Type
- Detached
- Bedrooms
- 4
- Bathrooms
- N/A
- Est. Floor Area
- 1389 sqft (est.)
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
This listing is priced below the postcode sector benchmark.
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £1,481 |
| ICR (actual) | 1.48x |
| Feasibility | MARGINAL |
| Notes: Rental coverage 106% — below standard 145% threshold, may need larger deposit | |
| 💲 Total Cash Required | |
| Purchase Price | £475,000 |
| Deposit (25% — 75% LTV) | £118,750 |
| SDLT (additional property, 5% surcharge) | £37,500 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £159,249 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £475,000 | Loan (75% LTV) | £356,250 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £1,633 |
| Rent needed (1.5×) | £2,449/mo | Estimated rent | £2,199/mo |
| Stress ratio | 1.35× (need ≥ 1.5×) £250 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 | £2,407 |
| SA net/mo | £1,968 |
| BTL est./mo | £2,201 |
| SA vs BTL uplift | +£206/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £511,523 | +£36,523 | £138,055 | +£19,305 (4.1%) |
| 5 years | £537,419 | +£62,419 | £157,347 | +£38,597 (8.1%) |
| 7 years | £564,626 | +£89,626 | £177,616 | +£58,866 (12.4%) |
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 | £26,410 | £489,250 | £18,570 | £758 | £15,008 | 9.4% |
| Yr 3 | £27,747 | £519,045 | £19,533 | £3,711 | £47,756 | 29.8% |
| Yr 5 | £29,152 | £550,655 | £20,544 | £8,663 | £84,318 | 52.6% |
| Yr 10 | £32,982 | £638,360 | £23,302 | £30,460 | £193,820 | 120.9% |
| Yr 15 | £37,317 | £740,035 | £26,423 | £67,117 | £332,151 | 207.1% |
| Yr 20 | £42,220 | £857,903 | £29,954 | £120,587 | £503,490 | 314.0% |
| Yr 25 | £47,768 | £994,545 | £33,948 | £193,079 | £712,624 | 444.4% |
| Yr 30 | £54,046 | £1,152,950 | £38,468 | £287,094 | £965,043 | 601.8% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
🌎 Area Profile — SN6 8 ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,869 | 4.7% | 3.0% | £-752 | -13.5% |
| Conservative | £2,045 | 5.2% | 3.5% | £-238 | -2.3% |
| Base | £2,199 | 5.6% | 3.9% | £62 | 2.4% |
| Optimistic | £2,375 | 6.0% | 4.3% | £384 | 7.8% |
| Bull | £2,595 | 6.6% | 4.9% | £747 | 14.7% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●5.56% |
| Net Yield | ●3.91% |
| Net Annual Income | £18,554 |
| Deductions: void 8% (−£2,113) · mgmt 10% (−£2,641) · maint 10% (−£2,641) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £1,481 |
| Monthly Cashflow (IO) | ●£65 |
| Cash-on-Cash Return | ●0.46% |
| 5-Year IRR | ●2.4% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £37,500 |
| SDLT Effective Rate | 7.89% |
| SDLT (Company) | £37,500 |
| Section 24 Extra Tax/yr (higher rate) | £3,563 |
| SPV Annual Saving | £4,697 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £550,655 |
| Less: Purchase Price | −£475,000 |
| Less: Buying Costs (SDLT + legal) | −£40,100 |
| Less: Selling Costs (est. 2.5%) | −£13,766 |
| = CGT Net Gain (5yr) | £21,789 |
| CGT at 24% | £4,509 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,869 | 4.7% | 3.0% | £-752 | -13.5% |
| Conservative | £2,045 | 5.2% | 3.5% | £-238 | -2.3% |
| Base | £2,199 | 5.6% | 3.9% | £62 | 2.4% |
| Optimistic | £2,375 | 6.0% | 4.3% | £384 | 7.8% |
| Bull | £2,595 | 6.6% | 4.9% | £747 | 14.7% |