Apartment 71 Dorchester Court, 283 London Road, Camberley, Surrey, GU15 3JJ

Description

A Third and Fourth Floor Three Bedroom Split Level Flat. The property comprises a third and fourth floor three bedroom split level flat situated within a purpose built building arranged over ground and four upper floors.

Accommodation

Third Floor: Two Bedrooms. Fourth Floor: Open Plan Reception/Kitchen, Bedroom, Two Bathrooms.

Location

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

Tenure / Property Information

Investment Analysis

Same-building completed sales range from £197,000 to £265,000. The latest supplied sale was £265,000 on 10 April 2026, while earlier sales were £235,000 in May 2024 and £232,500 in December 2023. A base GDV of £265,000 is supported by the latest comparable, with a lower scenario of £235,000. No evidence supports a value above £265,000.

Investment Snapshot

Strategy Recommendation

Potentially suitable for a rental-led purchase at or near guide, subject to confirming achievable rent, lease terms, service charges, ground rent, condition and legal-pack disbursements. Do not rely on the apparent GDV spread without full project costing.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain a survey and review the legal pack, lease, service-charge information and any disbursements before budgeting works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At a £265,000 base GDV, 75% refinancing is approximately £198,750. This exceeds the £180,000 guide by £18,750 before the £1,800 administration charge, works, finance costs, legal costs, disbursements and any valuation adjustment. Cash extraction cannot be established because refurbishment costs and other acquisition costs are not supplied.

Buy-to-Let Analysis

The supplied same-building advertised asking rents range from £1,346 to £1,929 pcm, equivalent to £16,152–£23,148 annually. Against the £180,000 guide, this implies an indicative gross yield range of 8.97%–12.86%, before service charges, ground rent, management, maintenance, voids, finance and tax. These are asking rents rather than achieved rents, and the variation is material.

Flip Analysis

A potential gross value spread exists between the £180,000 guide and the £235,000–£265,000 comparable range. However, no refurbishment allowance, selling costs, finance costs or other project costs are evidenced, so a reliable flip surplus and maximum bid cannot be calculated.

Investor Risks & Due Diligence

• Advertised rents are not achieved rents and vary materially between apartments in the building.

• Leasehold service charges, ground rent and other lease liabilities are not supplied.

• The property has approximately 102 years unexpired, but the full lease terms and any restrictions are not evidenced.

• No condition or refurbishment information is supplied.

• The £1,800 administration charge is known, but legal-pack disbursements and other purchase costs are unknown.

• EPC rating is D, with no evidence of improvement costs or regulatory implications.

Recommendation

Potentially suitable for a rental-led purchase at or near guide, subject to confirming achievable rent, lease terms, service charges, ground rent, condition and legal-pack disbursements. Do not rely on the apparent GDV spread without full project costing.

Strategy Rating

Analysis Confidence

There are highly relevant same-building completed sales and rental asking evidence, but condition, service charges, ground rent, buyer costs, disbursements, achievable rent and refurbishment requirements are not supplied.