8 Pine View, Platt, Sevenoaks, Kent

Description

An End of Terrace House requiring modernisation and repair.

Accommodation

Accommodation arranged on two floors comprising: First Floor – Bedroom (One), Bedroom (Two), Bedroom (Three); Ground Floor – Living Room, Kitchen, Bathroom and WC. Front garden and garden at rear.

Location

Situated off Maidstone Road, close to the amenities available in Borough Green Village and Borough Green & Wrotham Train Station.

Tenure / Property Information

Investment Analysis

Recent HM Land Registry evidence includes the subject property at £251,000 in July 2025 and another Pine View terraced house at £270,000 in December 2025. A base GDV of £260,500 is therefore used as the midpoint, with £251,000 low and £270,000 high scenarios. The comparables do not establish the subject's current condition or post-modernisation value, so this is an indicative range rather than a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only after a full inspection, quantified works schedule and verification that the £3,250 pcm asking rent is achievable. At the guide, the apparent margin is insufficiently evidenced for a confident flip or BRRR purchase.

Works Required

Modernisation and repair are required, but the supplied evidence gives no detailed schedule, specifications, survey findings or contractor quotations. Scope and cost should therefore be confirmed before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At a £260,500 base GDV, 75% refinance is £195,375. Against the £230,000 guide plus the £1,500 buyer premium, refinance would not cover the known acquisition cost before works or any seller charges. The required equity contribution and cash left in cannot be calculated because refurbishment costs and applicable completion charges are unknown.

Buy-to-Let Analysis

The only rental evidence is an advertised asking rent of £3,250 pcm, producing £39,000 annual gross rent if achieved. Against the £230,000 guide, this indicates a 16.96% gross yield before the £1,500 buyer premium, refurbishment, finance, maintenance, voids, management and tax. The asking rent appears unusually strong relative to the purchase price and must be independently verified. Net yield cannot be established from the supplied evidence.

Flip Analysis

The base GDV is estimated at £260,500. The guide plus the £1,500 buyer premium is £231,500 before refurbishment, selling costs and any seller-charged fees, leaving only £29,000 of indicative headroom before those deductions. A reliable flip surplus and maximum bid cannot be calculated without a works budget and supported selling-cost allowance.

Investor Risks & Due Diligence

• The property is described as requiring modernisation and repair, but no quantified works scope or costs are provided.

• The £3,250 pcm figure is an advertised asking rent rather than achieved or passing rent.

• The apparent guide-price yield excludes refurbishment, finance, maintenance, voids, management, tax and buyer costs.

• The seller may charge additional completion fees under the special conditions, but the amount is not supplied.

• The 10% deposit requirement and buyer premium require funds within 24 hours, subject to the stated minimum deposit condition.

• Comparable sales do not confirm the subject property's condition or its post-works market value.

Recommendation

Proceed only after a full inspection, quantified works schedule and verification that the £3,250 pcm asking rent is achievable. At the guide, the apparent margin is insufficiently evidenced for a confident flip or BRRR purchase.

Strategy Rating

Analysis Confidence

There are relevant recent completed sales and one rental listing, but refurbishment costs, detailed condition, selling costs, finance costs and any seller-charged fees are not supplied. Rental evidence is asking rent only.