5 Deweys Way, Gillingham, Dorset, SP8 4BW

Description

A Vacant Two Bedroom Semi Detached House. The property comprises a two bedroom semi detached house arranged over ground and first floors.

Accommodation

Ground Floor: Reception Room, Kitchen, WC. First Floor: Two Bedrooms, Bathroom. Total G.I.A Approx 904 sq ft. Exterior: The property benefits from both front and rear gardens.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Gillingham Town Meadow are within easy reach. Transport links are provided by Gillingham rail station.

Tenure / Property Information

Investment Analysis

Same-street completed sales range from £150,000 to £261,000. The latest supplied sale was £210,000 in May 2025. A £210,000 base GDV is used, but comparable sizes and condition are unavailable.

Investment Snapshot

Strategy Recommendation

Potential value-led BTL or BRRR subject to inspection, legal-pack review, confirmed local rent and full costings. Do not rely on the guide-price yield alone.

Works Required

No specific defects or required works are evidenced. Condition, services and compliance should be verified through inspection and the legal pack.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £210,000 base GDV, 75% refinance is £157,500. The project cost cannot be established because refurbishment costs and potential legal/disbursement charges are unknown.

Buy-to-Let Analysis

The single supplied advertised asking rent is £550 pcm, equating to 8.25% gross yield on the £80,000 guide price before fees, works, finance and operating costs. It is for Sturminster Newton rather than Gillingham and is not an achieved rent, so rental evidence is weak.

Flip Analysis

The supplied comparable evidence supports a broad £180,000–£261,000 GDV range, with £210,000 as the base case. Flip surplus cannot be calculated without supported works, acquisition and selling-cost allowances.

Investor Risks & Due Diligence

• Comparable sale prices vary materially from £150,000 to £261,000.

• Condition and refurbishment requirements are not evidenced.

• Rental evidence is an advertised asking rent from a different town.

• Special-condition legal, search, seller-cost and transfer charges may be payable.

• Finance, operating costs and selling costs are not supplied.

Recommendation

Potential value-led BTL or BRRR subject to inspection, legal-pack review, confirmed local rent and full costings. Do not rely on the guide-price yield alone.

Strategy Rating

Analysis Confidence

Direct same-street sold evidence and a guide price are supplied, but comparable sizes and condition, local achieved rent, refurbishment costs and full acquisition charges are unavailable.