3, Manor Close, HASLEMERE, Surrey, GU27 1PP

Description

Detached five/six bedroom chalet bungalow, substantial and flexible accommodation over two floors, requiring finishing works and modernisation.

Accommodation

Ground Floor: Entrance Hallway, Bedroom One, Bedroom Two, Shower Room, Study/Inner Room, Lounge, Conservatory, Dining Room with Stairs to First Floor, Kitchen, Inner Lobby with Stairs to First Floor, Shower Room, Bedroom Six, Integral Garage, Cloakroom. First Floor: Landing, Bedroom Three, Bedroom Four through to Bedroom Five, Bathroom. Outside: Driveway and garden to front, garage to side and garden to rear.

Location

Situated in a quiet cul-de-sac off Critchmere Lane, this property enjoys a desirable position within the market town of Haslemere, offering a range of independent shops, cafés, restaurants and everyday amenities. Schools for various ages can be found in the area, while the surrounding Surrey Hills provide opportunities for walking and outdoor recreation. Haslemere railway station is just over 1.5 miles away providing direct services to London Waterloo, with the A3 also easily accessible.

Tenure / Property Information

Investment Analysis

The £590,000 base GDV is anchored to the completed sale of 4 Manor Close at £590,000 on 1 May 2026. Older same-close detached sales were £490,000 in 2016 and £494,000 in 2015, but are materially dated. The subject requires finishing works and modernisation, with its exact condition and specification unverified. A low evidence reference of £490,000 is supported by the older same-close sales; no reliable higher comparable is supplied.

Investment Snapshot

Strategy Recommendation

Consider only a conditional refurbishment-and-resale or owner-occupier strategy after inspecting the property and obtaining a priced works schedule. Do not rely on a BTL case until market rent is evidenced.

Works Required

Complete the unspecified finishing works and undertake modernisation. The supplied evidence does not identify particular defects, systems, finishes or a reliable works scope, so no detailed specification or cost allowance is assumed.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £365,000 guide plus the known £1,800 documentation fee, the acquisition figure is £366,800 before refurbishment, finance, taxes and any seller fees. A 75% refinance against the £590,000 base GDV would be £442,500, but refurbishment and total project costs are unknown, so cash left in and return on equity cannot be calculated.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The property’s five/six-bedroom layout may be flexible, but no supported rent, operating costs or HMO basis is available.

Flip Analysis

The guide-to-base-GDV difference is £225,000 before refurbishment, finance, taxes, selling costs and other fees. A reliable flip surplus cannot be calculated because the works scope and cost are unsupported and no selling allowance is supplied.

Investor Risks & Due Diligence

• Finishing works and modernisation are required, but their scope and cost are unknown.

• No sufficiently specific rental evidence is available, preventing a supported BTL yield assessment.

• EPC is listed as TBC and heating information requires confirmation.

• The buyer premium is not supplied; the seller may also charge additional completion fees under the special conditions.

• The £590,000 GDV relies primarily on one recent same-close comparable, while the other supplied sales are materially dated.

Recommendation

Consider only a conditional refurbishment-and-resale or owner-occupier strategy after inspecting the property and obtaining a priced works schedule. Do not rely on a BTL case until market rent is evidenced.

Strategy Rating

Analysis Confidence

A recent same-close completed sale supports the base GDV, but the subject’s condition, works cost, EPC, heating, rental value, finance costs and potential seller fees are not evidenced.