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Bungalow · 2 bed
Supports major UK property portals
Suggested Offer Range
Already 18% below the comparable sales mean — limited negotiation margin. Strong value at current asking price.
🔨 Refurb Cost Estimate
Estimated (no AI photo score yet) · East of England rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £4,300 |
| Bathroom | £3,200 |
| Living Room | £1,850 |
| Hallway / Stairs | £750 |
| Master Bedroom | £2,150 |
| Bedroom 2 | £2,150 |
| Total Estimated Refurb | £13,799 |
⚠ 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 | CJ Smiths Builders St Albans | 01727 637183 | — |
| decorator | St Albans Decor: Trusted local painters and decorators St ... | 07748 652 566 | — |
| photographer | Home - St Albans Family Photographer | Sarah Daghestani | St ... | 07958740678 | — |
Property Details
- Asking Price
- £699,950
- Property Type
- Bungalow
- Bedrooms
- 2
- Bathrooms
- N/A
- Floor Area
- 700–800 sqft
- 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 | Detached | 4 | — | — | — | — |
| Sector sale 2 | Detached | 7 | — | — | — | — |
| Sector sale 3 | Detached | 6 | — | — | — | — |
| Sector sale 4 | Detached | 6 | — | — | — | — |
| Sector sale 5 | Detached | 3 | — | — | — | — |
| Sector sale 6 | Detached | 6 | — | — | — | — |
| Sector sale 7 | Detached | 3 | — | — | — | — |
| Sector sale 8 | Detached | 3 | — | — | — | — |
| Sector sale 9 | Detached | 5 | — | — | — | — |
| Sector sale 10 | Detached | 4 | — | — | — | — |
■ 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.
Location
Motivated Seller Analysis
Watch — 5/10Behavioural signals: Below market value
Matched signals:
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £2,183 |
| ICR (actual) | 0.74x |
| Feasibility | REFER |
| Notes: Rental coverage 53% — below 100% stressed coverage, most lenders will decline | |
| 💲 Total Cash Required | |
| Purchase Price | £699,950 |
| Deposit (25% — 75% LTV) | £174,987 |
| SDLT (additional property, 5% surcharge) | £59,995 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £237,981 |
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 | £699,950 | Loan (75% LTV) | £524,962 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £2,406 |
| Rent needed (1.5×) | £3,609/mo | Estimated rent | £1,611/mo |
| Stress ratio | 0.67× (need ≥ 1.5×) £1998 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) | £720,000 |
| 75% remortgage | £540,000 |
| Cash left in deal | £173,749 (8% recycled) |
| Est. BTL cashflow | £-1,204/mo |
| Gross margin | +£20,050 |
| Reno cost (est.) | –£13,799 |
| Buy + sell costs | –£74,395 |
| Net profit | £-68,144 (-36.1% ROI) |
| SA gross/mo | £1,040 |
| SA net/mo | £765 |
| BTL est./mo | £1,610 |
| SA vs BTL uplift | £-570/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £753,770 | +£53,820 | £203,804 | +£28,816 (4.1%) |
| 5 years | £791,929 | +£91,979 | £232,233 | +£57,245 (8.2%) |
| 7 years | £832,021 | +£132,071 | £262,101 | +£87,113 (12.4%) |
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 | £19,319 | £720,948 | £13,464 | £-12,784 | £8,215 | 3.4% |
| Yr 3 | £20,297 | £764,854 | £14,169 | £-37,299 | £27,605 | 11.5% |
| Yr 5 | £21,324 | £811,434 | £14,908 | £-60,353 | £51,131 | 21.4% |
| Yr 10 | £24,126 | £940,674 | £16,926 | £-111,099 | £129,625 | 54.2% |
| Yr 15 | £27,297 | £1,090,499 | £19,209 | £-150,974 | £239,575 | 100.2% |
| Yr 20 | £30,884 | £1,264,188 | £21,791 | £-178,551 | £385,686 | 161.3% |
| Yr 25 | £34,942 | £1,465,540 | £24,713 | £-192,214 | £573,376 | 239.8% |
| Yr 30 | £39,534 | £1,698,962 | £28,019 | £-190,133 | £808,879 | 338.3% |
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)
1 planning application 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 | £1,369 | 2.3% | 1.5% | £-1,991 | — |
| Conservative | £1,498 | 2.6% | 1.7% | £-1,394 | -8.7% |
| Base | £1,611 | 2.8% | 1.9% | £-1,065 | -3.4% |
| Optimistic | £1,740 | 3.0% | 2.1% | £-718 | 2.4% |
| Bull | £1,901 | 3.3% | 2.4% | £-342 | 9.7% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●2.76% |
| Net Yield | ●1.92% |
| Net Annual Income | £13,474 |
| Deductions: void 8% (−£1,545) · mgmt 10% (−£1,932) · maint 10% (−£1,932) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £2,183 |
| Monthly Cashflow (IO) | ●£-1,060 |
| Cash-on-Cash Return | ●-5.34% |
| 5-Year IRR | ●-3.4% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £59,995 |
| SDLT Effective Rate | 8.57% |
| SDLT (Company) | £104,992 |
| Section 24 Extra Tax/yr (higher rate) | £937 |
| SPV Annual Saving | £937 |
| SPV Breakeven | 48.0 yrs |
| CGT Projected Sale (5yr) | £811,434 |
| Less: Purchase Price | −£699,950 |
| Less: Buying Costs (SDLT + legal) | −£62,595 |
| Less: Selling Costs (est. 2.5%) | −£20,286 |
| = CGT Net Gain (5yr) | £28,603 |
| CGT at 24% | £6,145 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,369 | 2.3% | 1.5% | £-1,991 | None% |
| Conservative | £1,498 | 2.6% | 1.7% | £-1,394 | -8.7% |
| Base | £1,611 | 2.8% | 1.9% | £-1,065 | -3.4% |
| Optimistic | £1,740 | 3.0% | 2.1% | £-718 | 2.4% |
| Bull | £1,901 | 3.3% | 2.4% | £-342 | 9.7% |
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