Dove Close, Andover
Detached · 4 bed
Supports major UK property portals
Suggested Offer Range
Already 24.7% below the comparable sales mean — limited negotiation margin. Strong value at current asking price.
Property Details
- Asking Price
- £399,995
- Property Type
- Detached
- Bedrooms
- 4
- Bathrooms
- N/A
- Est. Floor Area
- 1141 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 — 1/10Behavioural signals: 5.9% price cut
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £1,247 |
| ICR (actual) | 1.57x |
| Feasibility | MARGINAL |
| Notes: Rental coverage 112% — below standard 145% threshold, may need larger deposit | |
| 💲 Total Cash Required | |
| Purchase Price | £399,995 |
| Deposit (25% — 75% LTV) | £99,998 |
| SDLT (additional property, 5% surcharge) | £30,000 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £132,997 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £399,995 | Loan (75% LTV) | £299,996 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £1,375 |
| Rent needed (1.5×) | £2,062/mo | Estimated rent | £1,958/mo |
| Stress ratio | 1.42× (need ≥ 1.5×) £104 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 | £1,055 |
| SA net/mo | £778 |
| BTL est./mo | £1,957 |
| SA vs BTL uplift | £-902/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £430,751 | +£30,756 | £116,132 | +£16,133 (4.0%) |
| 5 years | £452,558 | +£52,563 | £132,378 | +£32,379 (8.1%) |
| 7 years | £475,468 | +£75,473 | £149,446 | +£49,448 (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 | £23,480 | £411,995 | £16,460 | £1,461 | £13,460 | 10.0% |
| Yr 3 | £24,668 | £437,085 | £17,316 | £5,660 | £42,751 | 31.9% |
| Yr 5 | £25,917 | £463,704 | £18,215 | £11,636 | £75,345 | 56.2% |
| Yr 10 | £29,323 | £537,560 | £20,668 | £34,949 | £172,514 | 128.6% |
| Yr 15 | £33,176 | £623,179 | £23,442 | £71,474 | £294,658 | 219.7% |
| Yr 20 | £37,536 | £722,435 | £26,581 | £122,946 | £445,387 | 332.1% |
| Yr 25 | £42,468 | £837,501 | £30,132 | £191,330 | £628,836 | 468.9% |
| Yr 30 | £48,049 | £970,893 | £34,150 | £278,848 | £849,746 | 633.7% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
🌎 Area Profile — SP10 3 ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,664 | 5.0% | 3.1% | £-580 | -12.5% |
| Conservative | £1,821 | 5.5% | 3.7% | £-137 | -1.5% |
| Base | £1,958 | 5.9% | 4.1% | £123 | 3.2% |
| Optimistic | £2,115 | 6.3% | 4.6% | £403 | 8.6% |
| Bull | £2,310 | 6.9% | 5.2% | £719 | 15.3% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●5.87% |
| Net Yield | ●4.12% |
| Net Annual Income | £16,472 |
| Deductions: void 8% (−£1,878) · mgmt 10% (−£2,348) · maint 10% (−£2,348) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £1,247 |
| Monthly Cashflow (IO) | ●£126 |
| Cash-on-Cash Return | ●1.1% |
| 5-Year IRR | ●3.2% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £30,000 |
| SDLT Effective Rate | 7.5% |
| SDLT (Company) | £30,000 |
| Section 24 Extra Tax/yr (higher rate) | £3,000 |
| SPV Annual Saving | £4,151 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £463,704 |
| Less: Purchase Price | −£399,995 |
| Less: Buying Costs (SDLT + legal) | −£32,600 |
| Less: Selling Costs (est. 2.5%) | −£11,593 |
| = CGT Net Gain (5yr) | £19,516 |
| CGT at 24% | £3,964 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,664 | 5.0% | 3.1% | £-580 | -12.5% |
| Conservative | £1,821 | 5.5% | 3.7% | £-137 | -1.5% |
| Base | £1,958 | 5.9% | 4.1% | £123 | 3.2% |
| Optimistic | £2,115 | 6.3% | 4.6% | £403 | 8.6% |
| Bull | £2,310 | 6.9% | 5.2% | £719 | 15.3% |