30, Francis Road, WATERLOOVILLE, Hampshire, PO8 0HZ

Description

Upon instruction of Countrywide. Freehold detached bungalow.

Accommodation

Three bedrooms, reception room, kitchen, bathroom/wc

Location

The property is located on Francis Road. Shopping amenities can be found locally within Waterlooville Town Centre. Public transport links are available at Rowlands Castle Train Station to the south east and Petersfield Train Station to the north east along with a network of local bus services serving the surrounding areas. The property is served by road links including the A3 to the east. Recreational pursuits can be found at Queen Elizabeth Country Park to the north.

Tenure / Property Information

Investment Analysis

Five sold detached freehold comparables on Francis Road range from £310,000 to £393,000. The four more recent sales from December 2023 to December 2024 average approximately £340,250. As bedroom count and condition are not provided for the comparables or subject, this is an indicative evidence-led range rather than a formal valuation.

Investment Snapshot

Strategy Recommendation

Do not rely on BTL or BRRR returns until rent, condition, EPC implications, heating, parking and full auction costs are verified. The comparable evidence suggests potential value margin at the guide, but the missing works and legal-cost information makes the opportunity unsuitable for an unconditional maximum bid at this stage.

Works Required

No specific defects or scope of works are supplied. Investigate the EPC F rating, general condition, heating, parking and any legal or specialist requirements before bidding; any improvement budget remains unsupported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £210,000 guide, the purchase plus the known £1,800 documentation fee is £211,800 before works, finance, taxes and any seller fees. A 75% refinance against the indicative £340,250 GDV would be £255,187.50, but cash left in cannot be calculated without a supported works budget and full acquisition costs.

Buy-to-Let Analysis

No sufficiently specific rental comparable or auctioneer rent estimate is provided, so rent and gross yield cannot be established. The £1,800 contract documentation fee is known, while any seller-charged completion fees are unspecified.

Flip Analysis

Indicative GDV evidence spans £310,000 to £393,000, with a base estimate of £340,250. A flip surplus cannot be calculated because refurbishment costs, selling costs and any additional completion fees are not supplied.

Investor Risks & Due Diligence

• EPC rating F may require investigation and potentially improvement works, but no works scope or cost is supplied.

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

• Subject condition and comparable property bedroom details are not provided.

• Parking and heating information require confirmation.

• Seller may charge additional completion fees under the Special Conditions of Sale.

• Full acquisition, finance, tax and selling costs are not supplied.

Recommendation

Do not rely on BTL or BRRR returns until rent, condition, EPC implications, heating, parking and full auction costs are verified. The comparable evidence suggests potential value margin at the guide, but the missing works and legal-cost information makes the opportunity unsuitable for an unconditional maximum bid at this stage.

Strategy Rating

Analysis Confidence

Same-road completed sales provide useful GDV evidence, but the subject's condition, comparable bedroom details, rent, refurbishment cost, heating, parking and possible seller fees are unavailable.