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Bungalow · 3 bed
Supports major UK property portals
Suggested Offer Range
Already 65% below the area median — limited negotiation margin. Strong value at current asking price.
🔨 Refurb Cost Estimate
AI condition score: 6/10 · East of England rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £2,050 |
| Bathroom | £1,500 |
| Living Room | £900 |
| Hallway / Stairs | £350 |
| Master Bedroom | £700 |
| Bedroom 2 | £700 |
| Bedroom 3 | £700 |
| Total Estimated Refurb | £5,750 |
⚠ Indicative estimates only. Based on photo condition score and regional benchmarks for a typical 2–3 bed property. Always obtain contractor quotes before committing to a refurb budget. Photo AI may over-flag minor cosmetic issues.
🔧 Local Trades
| Trade | Name | Phone | |
|---|---|---|---|
| builder | John Russen Builders: Home | 07766414920 | — |
| decorator | Norwich Painter & Decorator, Jonathan Miller, Interior, Exterior ... | 07766 023097 | — |
| photographer | ETT Photography | 07733 102069 | — |
Property Details
- Asking Price
- £250,000
- Property Type
- Bungalow
- Bedrooms
- 3
- Bathrooms
- N/A
- Est. Floor Area
- 2,900–3,000 sqft (est.)
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
This listing is priced below the postcode sector benchmark.
Comparable Sales in this postcode sector
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| Sector sale 1 | Other | 2 | — | — | — | — |
| Sector sale 2 | Terraced | 5 | — | — | — | — |
| Sector sale 3 | Terraced | 6 | — | — | — | — |
| Sector sale 4 | Flat | 2 | — | — | — | — |
| Sector sale 5 | Flat | 2 | — | — | — | — |
| Sector sale 6 | Flat | 2 | — | — | — | — |
| Sector sale 7 | Flat | 4 | — | — | — | — |
| Sector sale 8 | Terraced | 4 | — | — | — | — |
| Sector sale 9 | Flat | 0 | — | — | — | — |
| Sector sale 10 | Flat | 0 | — | — | — | — |
■ Above subject ■ Below subject
Based on 10 comparable sales — Full Range (grey) · Typical IQR (blue) · Fair Value CI (light blue) · | Median · | Mean · Asking (▲)
CV = 58.1% (threshold: 40%). Comparable prices in this sector vary widely. This benchmark may not reliably represent this property’s value. Consider an independent RICS valuation before proceeding.
ⓘ Bedroom counts are not available from Land Registry records. Comparables are matched by postcode sector and property type only.
Location
Motivated Seller Analysis
Standard — 3/10Behavioural signals: 79 days on marketBelow market value
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £780 |
| ICR (actual) | 1.46x |
| Feasibility | MARGINAL |
| Notes: Rental coverage 104% — below standard 145% threshold, may need larger deposit | |
| 💲 Total Cash Required | |
| Purchase Price | £250,000 |
| Deposit (25% — 75% LTV) | £62,500 |
| SDLT (additional property, 5% surcharge) | £15,000 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £80,499 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
Tests lender affordability (rent vs. mortgage interest) — a different calculation from the BRRR Strategy card above, which tests capital recycled via refinance.
| Purchase price | £250,000 | Loan (75% LTV) | £187,500 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £859 |
| Rent needed (1.5×) | £1,289/mo | Estimated rent | £1,136/mo |
| Stress ratio | 1.32× (need ≥ 1.5×) £153 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 (a flat UK-wide assumption — not adjusted for this property's specific location). Assumes 75% LTV interest-only mortgage redeemed on sale. Excludes rental income.
How is this calculated?
This is a simplified projection based on comparable sales data and an estimated refurb cost. It does not currently account for seller motivation signals, nearby planning applications, or the area's wider demographic profile — see the relevant sections elsewhere in this report for those. Not financial advice.
| Est. reno cost | Unknown — score listing |
| GDV (comp median) | £287,500 |
| 75% remortgage | £215,625 |
| Cash left in deal | £40,125 (41% recycled) |
| Est. BTL cashflow | £-160/mo |
| Gross margin | £-42,000 |
| Reno cost (est.) | –£5,750 |
| Buy + sell costs | –£21,720 |
| Net profit | £-69,470 (-101.8% ROI) |
| SA gross/mo | £1,839 |
| SA net/mo | £1,468 |
| BTL est./mo | £1,135 |
| SA vs BTL uplift | +£704/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £269,223 | +£19,223 | £72,291 | +£9,791 (3.9%) |
| 5 years | £282,852 | +£32,852 | £82,445 | +£19,945 (8.0%) |
| 7 years | £297,171 | +£47,171 | £93,113 | +£30,613 (12.2%) |
Projections: 2.5% pa UK-wide HPI assumption (not location-adjusted), 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 | £13,625 | £257,500 | £9,365 | £-10 | £7,490 | 9.2% |
| Yr 3 | £14,315 | £273,182 | £9,862 | £712 | £23,894 | 29.3% |
| Yr 5 | £15,039 | £289,819 | £10,383 | £2,465 | £42,283 | 51.8% |
| Yr 10 | £17,016 | £335,979 | £11,806 | £11,705 | £97,684 | 119.7% |
| Yr 15 | £19,252 | £389,492 | £13,416 | £28,612 | £168,104 | 206.0% |
| Yr 20 | £21,782 | £451,528 | £15,238 | £54,193 | £255,721 | 313.4% |
| Yr 25 | £24,644 | £523,444 | £17,299 | £89,588 | £363,032 | 444.9% |
| Yr 30 | £27,882 | £606,816 | £19,630 | £136,086 | £492,901 | 604.0% |
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)
5 planning applications found within 0.5 miles — 🔒 sign in for references, descriptions and status
View all planning applications on your dashboard →
● Approved ● Pending ● Refused
🌎 Area Profile — East of England ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £966 | 4.6% | 2.8% | £-425 | -13.5% |
| Conservative | £1,056 | 5.1% | 3.4% | £-157 | -2.1% |
| Base | £1,136 | 5.5% | 3.7% | £-0 | 2.8% |
| Optimistic | £1,227 | 5.9% | 4.2% | £168 | 8.2% |
| Bull | £1,340 | 6.4% | 4.7% | £357 | 15.1% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●5.45% |
| Net Yield | ●3.75% |
| Net Annual Income | £9,370 |
| Deductions: void 8% (−£1,090) · mgmt 10% (−£1,362) · maint 10% (−£1,362) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £780 |
| Monthly Cashflow (IO) | ●£1 |
| Cash-on-Cash Return | ●-0.01% |
| 5-Year IRR | ●2.8% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £15,000 |
| SDLT Effective Rate | 6.0% |
| SDLT (Company) | £15,000 |
| Section 24 Extra Tax/yr (higher rate) | £1,875 |
| SPV Annual Saving | £2,487 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £289,819 |
| Less: Purchase Price | −£250,000 |
| Less: Buying Costs (SDLT + legal) | −£17,600 |
| Less: Selling Costs (est. 2.5%) | −£7,245 |
| = CGT Net Gain (5yr) | £14,974 |
| CGT at 24% | £2,874 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £966 | 4.6% | 2.8% | £-425 | -13.5% |
| Conservative | £1,056 | 5.1% | 3.4% | £-157 | -2.1% |
| Base | £1,136 | 5.5% | 3.7% | £-0 | 2.8% |
| Optimistic | £1,227 | 5.9% | 4.2% | £168 | 8.2% |
| Bull | £1,340 | 6.4% | 4.7% | £357 | 15.1% |
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