29 Yeovil Close, Farnborough, Hampshire, GU14 6LD

Description

Vacant long leasehold self contained second floor flat by order of a Housing Association. GIA approximately 57.32 sq m (617 sq ft).

Accommodation

Reception Room, Two Bedrooms, Kitchen, Bathroom

Location

Situated on the north side of Yeovil Close. The shops and amenities of Farnborough are to the north west. North Camp station is approximately 0.7 miles to the south east. The A331 is to the east. Queen's Road Recreation Ground is to the south west.

Tenure / Property Information

Investment Analysis

The strongest evidence is the completed sale of 27 Yeovil Close at £182,000 on 20 January 2026. Older sales in the same close range from £180,000 to £225,000, but dates and potentially property differences reduce their reliability. A base GDV of £182,000 is therefore used, with an evidence-based indicative range of £180,000–£190,000. No condition, parking, EPC, service charge or exact comparable specification is supplied.

Investment Snapshot

Strategy Recommendation

Potential value opportunity at the guide, but do not commit without confirming condition, lease terms, service charges, resale comparability and all buyer or seller charges. BTL cannot be assessed until rent evidence is obtained; any flip or BRRR decision should be conditional on a full costed inspection.

Works Required

No specific defects or required works are evidenced. Allow for inspection, compliance checks and any remedial or cosmetic works identified before exchange; no refurbishment allowance can be responsibly quantified from the supplied information.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At a £119,000 guide, the indicative gross value spread to the £182,000 base GDV is £63,000 before works, purchase costs, finance, leasehold charges and resale costs. A 75% refinance of the base GDV is £136,500, but total project cost and cash left in cannot be calculated because works, fees and finance costs are unsupported.

Buy-to-Let Analysis

The flat is vacant and the guide is £119,000, but no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Rent and gross yield cannot therefore be established. Service charges, insurance, council tax and other leasehold costs are also unknown.

Flip Analysis

The base GDV is £182,000 against the £119,000 guide, indicating a £63,000 gross difference before refurbishment, acquisition, finance, legal and selling costs. No supported works or selling allowance is available, so a net flip surplus cannot be calculated.

Investor Risks & Due Diligence

• No sufficiently specific rental evidence or auctioneer rent estimate is supplied.

• Condition and required works are unknown.

• Service charge, insurance, council tax and other leasehold costs are unknown.

• Buyer premium, administration charge and other potential fees are not quantified.

• Comparable sales have differing dates and no detailed specification is provided.

• Parking, heating and EPC information are not supplied.

• A new 990-year lease is stated, but other lease terms and restrictions are not evidenced.

Recommendation

Potential value opportunity at the guide, but do not commit without confirming condition, lease terms, service charges, resale comparability and all buyer or seller charges. BTL cannot be assessed until rent evidence is obtained; any flip or BRRR decision should be conditional on a full costed inspection.

Strategy Rating

Analysis Confidence

A recent same-close completed sale and several older same-close sales support a provisional GDV range, but rental evidence, condition, leasehold costs, fees, EPC and finance assumptions are missing.