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Detached Bungalow · 3 bed
Supports major UK property portals
Suggested Offer Range
Already 13% below the area median — some negotiation possible but limited margin.
🔨 Refurb Cost Estimate
Estimated (no AI photo score yet) · South East rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £4,700 |
| Bathroom | £3,450 |
| Living Room | £2,000 |
| Hallway / Stairs | £750 |
| Master Bedroom | £1,550 |
| Bedroom 2 | £1,550 |
| Bedroom 3 | £1,550 |
| Total Estimated Refurb | £15,000 |
⚠ 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 | MJH Builders Southampton | 02380 191323 | — |
| decorator | Painters and Decorators Southampton | Free Quotes | 0238-001-7170 | — |
| photographer | Julian Porter Photography | 07720 325336 | — |
Property Details
- Asking Price
- £450,000
- Property Type
- Detached Bungalow
- Bedrooms
- 3
- Bathrooms
- N/A
- Est. Floor Area
- 1,300–1,400 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
🔍 Filtered to 2-4-bedroom comparable sales only.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| Sector sale 1 | Detached | 4 | — | — | — | — |
| Sector sale 2 | Detached | 3 | — | — | — | — |
■ Above subject ■ Below subject
ⓘ Bedroom counts are estimated from EPC records or floor area, since Land Registry sales don’t record bedrooms directly.
Location
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £1,770 |
| ICR (actual) | 0.77x |
| Feasibility | REFER |
| Notes: Rental coverage 55% — below 100% stressed coverage, most lenders will decline | |
| 💲 Total Cash Required | |
| Purchase Price | £450,000 |
| Deposit (25% — 75% LTV) | £112,500 |
| SDLT (additional property, 5% surcharge) | £46,742 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £162,241 |
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 | £450,000 | Loan (75% LTV) | £337,500 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £1,547 |
| Rent needed (1.5×) | £2,320/mo | Estimated rent | £1,370/mo |
| Stress ratio | 0.89× (need ≥ 1.5×) £950 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) | £485,000 |
| 75% remortgage | £363,750 |
| Cash left in deal | £101,250 (21% recycled) |
| Est. BTL cashflow | £-809/mo |
| Gross margin | +£35,000 |
| Reno cost (est.) | –£15,000 |
| Buy + sell costs | –£45,875 |
| Net profit | £-25,875 (-20.3% ROI) |
| SA gross/mo | £950 |
| SA net/mo | £686 |
| BTL est./mo | £1,088 |
| SA vs BTL uplift | £-138/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £484,601 | +£34,601 | £130,748 | +£18,248 (4.1%) |
| 5 years | £509,134 | +£59,134 | £149,025 | +£36,525 (8.1%) |
| 7 years | £534,909 | +£84,909 | £168,227 | +£55,727 (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.
Finance This Investment
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All yield, cashflow, SDLT, CGT and mortgage figures on this page are calculated on the estimated effective purchase cost — not the guide price shown above.
| Guide price | £450,000 |
| Estimated hammer (mid) | £540,000 (guide × 1.20 — typical range is +10–35%) |
| Buyer’s premium (4% + VAT = 4.8%) | £25,920 |
| Legal fees (est.) | £1,500 |
| Effective purchase cost | £567,420 (+26.1% vs guide) |
Guide prices can change before auction day. Always verify the reserve price and obtain legal pack before bidding.
📈 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 | £13,050 | £463,500 | £8,951 | £-7,924 | £5,576 | 3.7% |
| Yr 3 | £13,711 | £491,727 | £9,427 | £-23,061 | £18,666 | 12.3% |
| Yr 5 | £14,405 | £521,673 | £9,926 | £-37,212 | £34,462 | 22.7% |
| Yr 10 | £16,298 | £604,762 | £11,289 | £-67,933 | £86,829 | 57.3% |
| Yr 15 | £18,439 | £701,085 | £12,831 | £-91,312 | £159,774 | 105.4% |
| Yr 20 | £20,862 | £812,750 | £14,576 | £-106,382 | £256,368 | 169.1% |
| Yr 25 | £23,604 | £942,200 | £16,550 | £-112,054 | £380,146 | 250.8% |
| Yr 30 | £26,706 | £1,092,268 | £18,783 | £-107,090 | £535,178 | 353.0% |
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 — South East England ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,164 | 2.5% | 1.5% | £-1,585 | — |
| Conservative | £1,274 | 2.7% | 1.8% | £-1,096 | -8.3% |
| Base | £1,370 | 2.9% | 2.0% | £-824 | -3.1% |
| Optimistic | £1,480 | 3.1% | 2.2% | £-538 | 2.8% |
| Bull | £1,617 | 3.4% | 2.5% | £-227 | 10.0% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●2.9% |
| Net Yield | ●2.01% |
| Net Annual Income | £11,392 |
| Deductions: void 8% (−£1,044) · mgmt 10% (−£1,305) · maint 10% (−£1,305) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £1,770 |
| Monthly Cashflow (IO) | ●£-821 |
| Cash-on-Cash Return | ●-5.13% |
| 5-Year IRR | ●-3.1% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £46,742 |
| SDLT Effective Rate | 8.24% |
| SDLT (Company) | £85,113 |
| Section 24 Extra Tax/yr (higher rate) | £1,005 |
| SPV Annual Saving | £1,005 |
| SPV Breakeven | 38.2 yrs |
| CGT Projected Sale (5yr) | £657,795 |
| Less: Purchase Price | −£567,420 |
| Less: Buying Costs (SDLT + legal) | −£49,342 |
| Less: Selling Costs (est. 2.5%) | −£16,445 |
| = CGT Net Gain (5yr) | £24,588 |
| CGT at 24% | £5,181 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,164 | 2.5% | 1.5% | £-1,585 | None% |
| Conservative | £1,274 | 2.7% | 1.8% | £-1,096 | -8.3% |
| Base | £1,370 | 2.9% | 2.0% | £-824 | -3.1% |
| Optimistic | £1,480 | 3.1% | 2.2% | £-538 | 2.8% |
| Bull | £1,617 | 3.4% | 2.5% | £-227 | 10.0% |
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