91 Vanguard Road, Southampton, Hampshire, SO18 2EN

Description

A Vacant Three Bedroom Mid Terrace House with Off Street Parking. The property comprises a three bedroom mid terrace house arranged over ground and first floors.

Accommodation

Ground Floor: Reception Room, Kitchen. First Floor: Three Bedrooms, Bathroom.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Wynter Road Recreation Ground are within easy reach. Transport links are provided by Bitterne rail station.

Tenure / Property Information

Investment Analysis

The only recent comparable is the same property, sold for £150,000 on 22 July 2026. This supports a base GDV of £150,000, but there is insufficient evidence to establish reliable low and high GDV scenarios. The 1998 sale at £55,950 is historic and not useful for current valuation. The guide represents a £40,000 gap below the recent same-property sale before works, fees and selling costs.

Investment Snapshot

Strategy Recommendation

Proceed only subject to inspection and legal-pack review. Subject to acceptable condition and leasehold costs, the evidence favours a potential buy-to-let strategy at or near the guide because of the indicated gross rent yield; avoid relying on a flip or BRRRR profit until works and costs are quantified.

Works Required

No specific defects or works are evidenced. The property is vacant and has an EPC rating of G, so condition, energy-efficiency requirements and the extent of any refurbishment should be established through inspection and the legal pack before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £110,000 guide, the known £1,800 administration charge gives a minimum identified acquisition cost of £111,800 before any works or disbursements. A 75% refinance of the £150,000 base GDV would be £112,500, but cash left in cannot be established without a supported works allowance and complete costs. The EPC G rating and unknown condition require particular due diligence.

Buy-to-Let Analysis

Using the £110,000 guide and the £1,500 pcm advertised asking rent, the indicative gross yield is 16.36% before costs. This is based on an asking rent rather than achieved rent, and a reliable net return cannot be calculated because refurbishment, running costs, leasehold charges, council tax and other completion costs are not supplied.

Flip Analysis

The recent same-property sale supports a £150,000 base GDV against the £110,000 guide, but no supported refurbishment allowance, selling costs or full buyer disbursements are available. A reliable flip surplus therefore cannot be calculated; the apparent margin must not be treated as profit.

Investor Risks & Due Diligence

• Current EPC rating is G and the cost or scope of improvement is unknown.

• The £1,500 pcm figure is an advertised asking rent, not an achieved or passing rent.

• Property condition, heating and council tax information are not supplied.

• Legal-pack disbursements may become payable and are not quantified.

• Full leasehold charges and other lease terms beyond the long lease length are not supplied.

• The recent valuation evidence is limited to one same-property sale.

Recommendation

Proceed only subject to inspection and legal-pack review. Subject to acceptable condition and leasehold costs, the evidence favours a potential buy-to-let strategy at or near the guide because of the indicated gross rent yield; avoid relying on a flip or BRRRR profit until works and costs are quantified.

Strategy Rating

Analysis Confidence

There is strong recent same-property sale evidence and one advertised rental figure, but no condition survey, refurbishment cost, full fee schedule, leasehold cost information or achieved-rent evidence.