18 St. Andrews Road, Gosport, Hampshire PO12 1QB

Description

A mid-terraced house with four-bedrooms. The accommodation comprises, a living room, a dining/family room, a kitchen, a utility room, a bathroom, four bedrooms, a WC and a loft room. Externally, the property has a large, enclosed rear garden. The property is well located for a range of amenities in Gosport with good access to Portsmouth. The total approximate floor area, taken from the EPC is 144m2 and the energy rating is D. All services/appliances have not and will not be tested.

Accommodation

Living room, dining/family room, kitchen, utility room, bathroom, four bedrooms, WC and loft room. Large, enclosed rear garden.

Location

Well located for a range of amenities in Gosport with good access to Portsmouth.

Tenure / Property Information

Investment Analysis

The five completed sales on the same road range from £233,000 to £307,000, with an average of approximately £273,900. The subject is also a four-bedroom terraced house with approximately 144m², a loft room and large rear garden, but the comparables' sizes and condition are not supplied. A base GDV of £274,000 is therefore used, with a broad evidence-based range of £233,000 to £307,000. The guide is £195,000 before the 1.2% buyer premium, but condition and legal-pack risks remain unquantified.

Investment Snapshot

Strategy Recommendation

Proceed only as a conditional acquisition after confirming condition, legal-pack liabilities and achievable rent. Without supported works and rental evidence, set no bid beyond a separately underwritten figure.

Works Required

No specific defects or required works are disclosed. Before bidding, obtain a full survey, inspect the roof, structure and services, test appliances where possible, and review the EPC and legal pack. Any refurbishment allowance remains unsupported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the base GDV, 75% refinance is approximately £205,500. However, refurbishment costs, total acquisition costs, finance costs and achievable rent are not supported, so cash left in and refinance viability cannot be calculated. The strategy would require survey, legal-pack review and verified rent evidence before bidding.

Buy-to-Let Analysis

BTL analysis cannot be completed because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The 1.2% buyer premium would be £2,340 at the £195,000 guide, before any works, finance, legal, tax or other costs. Do not rely on a yield without verified local rent and a condition-based cost plan.

Flip Analysis

The same-road completed sales support a broad GDV range of £233,000 to £307,000 and a base of £274,000. A flip surplus cannot be calculated because no refurbishment allowance, selling costs or full project-cost figure is supported. The guide discount to comparable sales may provide potential, but condition and transaction costs could materially reduce it.

Investor Risks & Due Diligence

• All services and appliances have not and will not be tested.

• No specific condition report or refurbishment cost evidence is supplied.

• No sufficiently specific rental comparable or auctioneer rent estimate is available.

• The completed comparable sales range widely from £233,000 to £307,000, with sizes and condition not provided.

• Buyer premium of 1.2% applies, and additional legal-pack disbursements or other costs may become payable.

Recommendation

Proceed only as a conditional acquisition after confirming condition, legal-pack liabilities and achievable rent. Without supported works and rental evidence, set no bid beyond a separately underwritten figure.

Strategy Rating

Analysis Confidence

There are five same-road completed sales and detailed accommodation information, but comparable sizes and condition, refurbishment costs, rental evidence, occupancy, parking, services and legal-pack liabilities are not supplied.