Byron Road, Southwick
Terraced Bungalow · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 56.0% below the comparable sales mean — limited negotiation margin. Strong value at current asking price.
Property Details
- Asking Price
- £49,950
- Property Type
- Terraced Bungalow
- Bedrooms
- 2
- Bathrooms
- N/A
- Est. Floor Area
- 743 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 | £156 |
| ICR (actual) | 4.08x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £49,950 |
| Deposit (25% — 75% LTV) | £12,487 |
| SDLT (additional property, 5% surcharge) | £2,498 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £17,984 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £49,950 | Loan (75% LTV) | £37,462 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £172 |
| Rent needed (1.5×) | £258/mo | Estimated rent | £635/mo |
| Stress ratio | 3.7× (need ≥ 1.5×) +£377 surplus | ||
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 | £1,013 |
| SA net/mo | £741 |
| BTL est./mo | £635 |
| SA vs BTL uplift | +£378/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £53,791 | +£3,841 | £13,820 | +£1,332 (2.7%) |
| 5 years | £56,514 | +£6,564 | £15,848 | +£3,361 (6.7%) |
| 7 years | £59,375 | +£9,425 | £17,980 | +£5,492 (11.0%) |
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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Location
Comparable Sales in SR5 5
🔍 Filtered to 2-bedroom comparable sales only.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| 61, RUNNYMEDE ROAD, SR5 5QD | Terraced | 2 | £60,500 | £94 | 09/02/26 | 0.88 mi |
| 63, RUNNYMEDE ROAD, SR5 5QD | Terraced | 2 | £93,000 | £114 | 30/01/26 | 0.88 mi |
| 26, RADCLIFFE ROAD, SR5 5RG | Terraced | 2 | £119,995 | £186 | 02/12/25 | 0.69 mi |
| 1, SPA WELL DRIVE, SR5 5TS | Terraced | 2 | £168,500 | £201 | 28/11/25 | 1.18 mi |
| 6, PLUMTREE AVENUE, SR5 5TX | Terraced | 2 | £126,000 | £170 | 04/08/25 | 1.14 mi |
■ Above subject ■ Below subject
Based on 10 comparable sales — Full Range (grey) · Typical IQR (blue) · Fair Value CI (light blue) · | Median · | Mean · Asking (▲)
ⓘ Bedroom counts are not available from Land Registry records. Comparables are matched by postcode sector and property type only.
📈 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 | £7,622 | £51,448 | £5,043 | £3,170 | £4,668 | 24.5% |
| Yr 3 | £8,008 | £54,582 | £5,321 | £9,925 | £14,557 | 76.3% |
| Yr 5 | £8,414 | £57,906 | £5,613 | £17,257 | £25,212 | 132.1% |
| Yr 10 | £9,519 | £67,129 | £6,409 | £38,304 | £55,483 | 290.7% |
| Yr 15 | £10,770 | £77,820 | £7,310 | £63,640 | £91,511 | 479.5% |
| Yr 20 | £12,186 | £90,215 | £8,329 | £93,829 | £134,095 | 702.6% |
| Yr 25 | £13,787 | £104,584 | £9,481 | £129,508 | £184,143 | 964.8% |
| Yr 30 | £15,598 | £121,242 | £10,786 | £171,399 | £242,691 | 1271.6% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
Planning Applications Nearby (within 0.5 miles)
🌎 Area Profile — SR5 5 ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £540 | 13.0% | 7.5% | £111 | 5.1% |
| Conservative | £591 | 14.2% | 9.0% | £205 | 13.2% |
| Base | £635 | 15.3% | 10.1% | £264 | 16.7% |
| Optimistic | £686 | 16.5% | 11.3% | £330 | 20.8% |
| Bull | £749 | 18.0% | 12.8% | £408 | 26.0% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●15.26% |
| Net Yield | ●10.09% |
| Net Annual Income | £5,041 |
| Deductions: void 8% (−£610) · mgmt 10% (−£762) · maint 10% (−£762) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £156 |
| Monthly Cashflow (IO) | ●£264 |
| Cash-on-Cash Return | ●16.6% |
| 5-Year IRR | ●16.7% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £2,498 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £2,498 |
| Section 24 Extra Tax/yr (higher rate) | £375 |
| SPV Annual Saving | £1,272 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £57,906 |
| Less: Purchase Price | −£49,950 |
| Less: Buying Costs (SDLT + legal) | −£5,098 |
| Less: Selling Costs (est. 2.5%) | −£1,448 |
| = CGT Net Gain (5yr) | £1,410 |
| CGT at 24% | £— |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £540 | 13.0% | 7.5% | £111 | 5.1% |
| Conservative | £591 | 14.2% | 9.0% | £205 | 13.2% |
| Base | £635 | 15.3% | 10.1% | £264 | 16.7% |
| Optimistic | £686 | 16.5% | 11.3% | £330 | 20.8% |
| Bull | £749 | 18.0% | 12.8% | £408 | 26.0% |