Apartment 71 Dorchester Court, 283 London Road, Camberley, Surrey

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

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

HM Land Registry evidence for Dorchester Court ranges from £197,000 to £265,000, including £265,000 on 10 April 2026 and £235,000 on 10 May 2024. The comparables are in the same building but bedroom, floor and condition details are not supplied, so a cautious evidence-based GDV range is £232,500–£265,000, with £250,000 used as the base scenario. The £160,000 guide is materially below these recorded sales, but the buyer premium, condition and other acquisition costs are unknown.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. First verify condition, lease terms, service charges, legal-pack costs, buyer premium and achievable rent; the apparent price-to-comparable margin warrants due diligence rather than a firm strategy recommendation.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain inspection and legal-pack confirmation before budgeting for works, including any leasehold or building-related obligations.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £250,000 base GDV, 75% refinancing would be approximately £187,500. Against the illustrative £161,800 acquisition cost and known administration charge only, this indicates £25,700 of theoretical cash released. This is not a reliable BRRR result because refurbishment costs, finance costs, buyer premium, service charges and other legal or completion costs are unknown.

Buy-to-Let Analysis

BTL assessment cannot be completed because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The property is leasehold and service charges, ground rent and other lease costs are also unknown. The illustrative base total cost uses only the £160,000 guide and the known £1,800 administration charge, excluding unspecified buyer premium and other fees.

Flip Analysis

The base GDV of £250,000 less the illustrative £161,800 purchase and known administration cost gives £88,200 before refurbishment, selling costs, finance, taxes and other unknown fees. No supported selling allowance or works budget is available, so a formal flip surplus cannot be established.

Investor Risks & Due Diligence

• Buyer premium amount is unspecified and additional disbursements, search, legal, seller-cost reimbursement and transfer fees may apply.

• No sufficiently specific rental evidence is available, preventing a supported BTL yield calculation.

• No inspection or condition evidence is supplied, so refurbishment costs cannot be estimated.

• Comparable sale details do not identify bedroom count, floor, condition or whether they are directly comparable to this split-level flat.

• Leasehold service charges, ground rent and other lease obligations are not provided.

• Approximately 102 years remain on the lease; the full lease terms and any restrictions require legal review.

Recommendation

Do not bid on the current evidence alone. First verify condition, lease terms, service charges, legal-pack costs, buyer premium and achievable rent; the apparent price-to-comparable margin warrants due diligence rather than a firm strategy recommendation.

Strategy Rating

Analysis Confidence

Same-building completed sales provide useful GDV evidence, but the individual comparable specifications, property condition, rent, leasehold costs, buyer premium and other transaction costs are incomplete.