11 Astral Gardens, Hamble, Southampton, Hampshire

Description

Vacant freehold end terrace house with a rear garden and garage in a separate block. Approximate GIA 54 sq m (581 sq ft). The vendor will not accept offers prior to auction.

Accommodation

Ground floor: reception room, kitchen. First floor: two bedrooms, shower room. Rear garden. Garage in separate block.

Location

Located on the north west side of Astral Gardens. The shops and amenities of Hamble are to the south east. Hamble rail station is approximately 0.9 miles north. The M27 Motorway is to the north. Royal Victoria Country Park is to the north west.

Tenure / Property Information

Investment Analysis

The strongest evidence is the completed sale of 5 Astral Gardens at £275,000 on 23 October 2024. It is on the same street and is recorded as terraced freehold, but its bedroom count, floor area and condition are not supplied. The older Astral Gardens sales range from £170,000 to £220,000 between 2012 and 2015 and are less reliable for current value. A £275,000 base GDV is therefore an indicative estimate only, not a formal valuation. No supported low or high GDV scenarios can be established from the available evidence.

Investment Snapshot

Strategy Recommendation

Proceed only subject to inspection, legal review and confirmation of residential rental evidence. The guide appears to offer an indicative margin against the recent same-street sale, but no bid ceiling can be supported without works, fees and more directly comparable evidence.

Works Required

No specific defects or refurbishment requirements are evidenced. Arrange a full inspection and budget only for works confirmed by inspection, including the condition of the house, garden and separate-block garage.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £195,000 guide as the analysis purchase figure and no unsupported works or fees, the indicative base cost is £195,000. A 75% refinance against the indicative £275,000 GDV would be £206,250, implying £11,250 potentially released above that limited cost basis. This is not a reliable cash-left-in estimate because refurbishment, finance, tax, legal, auction and selling costs are unknown and the GDV is based on only one recent comparable without size or condition details.

Buy-to-Let Analysis

BTL analysis cannot be established because the only supplied rental evidence is a £181 pcm commercial asking rent, which is not applicable evidence for this residential house. No residential rent, buyer premium, admin charge, works cost or other acquisition costs are supplied.

Flip Analysis

At the guide, the indicative difference between the £275,000 base GDV and the £195,000 purchase figure is £80,000 before refurbishment, finance, tax, selling costs and any auction or third-party charges. A reliable flip surplus cannot be calculated because works and selling costs are unsupported. The comparable may not be directly comparable in size, bedroom count or condition.

Investor Risks & Due Diligence

• The £275,000 GDV estimate relies principally on one recent same-street sale without supplied size, bedroom or condition details.

• The property's condition and refurbishment requirements are unknown.

• Residential rental evidence is absent; the supplied £181 pcm figure is for commercial premises and is not applicable.

• Buyer premium, admin charge and other auction or third-party costs are unspecified.

• The refinance illustration excludes finance, tax, legal, refurbishment and other transaction costs.

• The garage is in a separate block and its condition, title position and value contribution are not evidenced.

Recommendation

Proceed only subject to inspection, legal review and confirmation of residential rental evidence. The guide appears to offer an indicative margin against the recent same-street sale, but no bid ceiling can be supported without works, fees and more directly comparable evidence.

Strategy Rating

Analysis Confidence

A recent same-street completed sale and several older same-street sales are available, but the recent comparable's size, bedroom count and condition are unknown. Residential rent, condition, works, buyer fees and selling costs are not supplied.