2 Bed Bungalow, Refurb/BRRR, Sandhurst, GU47 8DY, £315,000

High Street, Sandhurst, Berkshire, GU47 8DY - 6 months ago

Sold STC
Auction
Refurb/BRRR
~93 m²
+3 photos

ValuationUndervalued

Sold Prices£176K - £630K
Sold Prices/m²£3.7K/m² - £9.7K/m²

 

 

Square Metres

~92.90 m²
Price/m²£3.4K/m²

Value Estimate

£324,450
BMV3%

 

 

End Value (After Refurb)

£408,760

Uplift in Value

+30%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£78,750

Stamp Duty & Legal Fees

£22,700

Refurb Costs

£43,953

Bridging Loan Interest

£8,269

Total Cash In

£155,421

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£408,760

Agent Fees (1%)

£4,088

Bridging Loan

£236,250

Bridging Loan Interest

£8,269

Flip Profit

£13,001

Local Sold Prices

50 sold prices from £176K to £630K, average is £326K. £3.7K/m² to £9.7K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£295K01/210.14 mi3, Newtown Road, Sandhurst, Bracknell Forest GU47 9EH2
£370K12/220.2 mi61, High Street, Sandhurst, Bracknell Forest GU47 8HB2
£280K11/200.27 mi25, Swan Lane, Sandhurst, Bracknell Forest GU47 9DA2
£400K11/230.43 mi10, The Broadway, Sandhurst, Bracknell Forest GU47 9AB2
£413K02/210.43 mi110, Yorktown Road, Sandhurst, Bracknell Forest GU47 9BH2
£355K11/210.45 mi1, St Johns Road, Sandhurst, Bracknell Forest GU47 9AD2
£350K06/230.45 miNowood, St Johns Road, Sandhurst, Bracknell Forest GU47 9AD2
£630K10/220.48 mi24, Beech Ride, Sandhurst, Bracknell Forest GU47 8PR2
£460K04/230.5 mi5, Park Road, Sandhurst, Bracknell Forest GU47 9AA2
£440K12/200.59 mi21, Church Road, Sandhurst, Bracknell Forest GU47 8HY2
£410K09/230.59 mi39, Church Road, Sandhurst, Bracknell Forest GU47 8HY2
£370K12/230.59 mi12, Green Lane, Sandhurst, Bracknell Forest GU47 9AG2
£365K11/230.6 mi11, Cotswold Road, Sandhurst, Bracknell Forest GU47 8NA2
£380K11/230.63 mi179, Yorktown Road, Sandhurst, Bracknell Forest GU47 9BN2
£342K12/230.63 mi5, Chiltern Road, Sandhurst, Bracknell Forest GU47 8NB2
£310K08/220.64 mi6, Hungerford Close, Sandhurst, Bracknell Forest GU47 9RY2
£425K10/210.64 mi12, Hungerford Close, Sandhurst, Bracknell Forest GU47 9RY2
£273K01/210.66 mi20, Farcrosse Close, Sandhurst, Bracknell Forest GU47 9RX2
£273K03/210.66 mi25, Farcrosse Close, Sandhurst, Bracknell Forest GU47 9RX2
£335K08/230.66 mi12, Farcrosse Close, Sandhurst, Bracknell Forest GU47 9RX2
£280K11/200.68 mi24, Severn Close, Sandhurst, Bracknell Forest GU47 9RJ2
£295K11/200.7 mi203, Evenlode Way, Sandhurst, Bracknell Forest GU47 9RL2
£255K03/210.7 mi212, Evenlode Way, Sandhurst, Bracknell Forest GU47 9RL2
£290K02/210.7 mi207, Evenlode Way, Sandhurst, Bracknell Forest GU47 9RL2
£280K06/210.7 mi209, Evenlode Way, Sandhurst, Bracknell Forest GU47 9RL2
£325K10/220.7 mi204, Evenlode Way, Sandhurst, Bracknell Forest GU47 9RL2
£310K06/210.71 mi20, Rother Close, Sandhurst, Bracknell Forest GU47 9RH2
£350K02/230.71 mi20, Rother Close, Sandhurst, Bracknell Forest GU47 9RH2
£312.5K10/220.71 mi210, Evenlode Way, Sandhurst, Bracknell Forest GU47 9RL2
£231K09/210.77 mi86, Isis Way, Sandhurst, Bracknell Forest GU47 9RB2
£415K04/230.78 mi34, Potley Hill Road, Yateley, Hampshire GU46 6AF2
£300K03/240.79 mi61, Isis Way, Sandhurst, Bracknell Forest GU47 9RB2
£335K02/240.79 mi80, Isis Way, Sandhurst, Bracknell Forest GU47 9RB2
£295K11/200.79 mi64, Isis Way, Sandhurst, Bracknell Forest GU47 9RB2
£290K07/210.79 mi59, Isis Way, Sandhurst, Bracknell Forest GU47 9RB2
£305K04/230.79 mi72, Isis Way, Sandhurst, Bracknell Forest GU47 9RB2
£320K10/230.79 mi90, Isis Way, Sandhurst, Bracknell Forest GU47 9RB2
£346.5K12/220.79 mi64, Isis Way, Sandhurst, Bracknell Forest GU47 9RB2
£315K07/230.79 mi110, Isis Way, Sandhurst, Bracknell Forest GU47 9RB2
£342.5K09/210.79 mi14, Plough Road, Yateley, Hampshire GU46 7UW2
£176K06/210.79 mi6, West House, Plough Road, Yateley, Hampshire GU46 7UW2
£315K03/210.8 mi12, Atrebatti Road, Sandhurst, Bracknell Forest GU47 9RW2
£350K05/230.8 mi17, Atrebatti Road, Sandhurst, Bracknell Forest GU47 9RW2
£327K10/230.8 mi10, Atrebatti Road, Sandhurst, Bracknell Forest GU47 9RW2
£365K03/230.81 mi80, Frogmore Road, Blackwater, Camberley, Hampshire GU17 0DF2
£330K09/220.81 mi86, Frogmore Road, Blackwater, Camberley, Hampshire GU17 0DF2
£300K06/210.82 mi29, Isis Way, Sandhurst, Bracknell Forest GU47 9RD2
£315.5K06/230.82 mi25, Isis Way, Sandhurst, Bracknell Forest GU47 9RD2
£320K06/230.82 mi27, Isis Way, Sandhurst, Bracknell Forest GU47 9RD2
£525K03/230.82 mi45, Mill Lane, Yateley, Hampshire GU46 7TN2

Local Rents

24 rents from £950/mo to £1.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,40005/240.12 miRussell Hall Cottages, Scotland Hill, Sandhurst, GU472
£1,25004/240.29 miSunray Estate, Sandhurst, GU472
£1,19907/240.29 mi-2
£1,19907/240.29 mi-2
£1,25005/240.32 miGoughs Meadow, Sandhurst, Berkshire, GU472
£1,10002/250.32 mi-2
£1,30012/240.34 mi-2
£1,05007/240.71 mi-2
£1,42504/240.79 miPlough Road2
£1,40005/240.79 miPlough Road,Yateley,GU462
£1,40004/240.89 mi-2
£1,45009/240.89 mi-2
£1,45009/240.89 mi-2
£1,37504/240.97 miReading Road2
£1,50006/241.01 mi-2
£1,29504/241.02 miHorsham Road, Sandhurst2
£1,30004/241.02 miHorsham Road, Owlsmoor, Sandhurst, Berkshire, GU472
£1,35005/241.02 miHorsham Road, Owlsmoor, Sandhurst, Berkshire, GU472
£95002/251.04 mi-2
£1,30004/241.11 miLangdon Court, Sandhurst2
£1,25008/241.14 miMasefield Gardens, Crowthorne2
£1,30009/231.21 mi-2
£1,40009/231.21 mi-2
£1,50005/241.22 miHexham Close, Owlsmoor, Sandhurst, Berkshire, GU472

Local Area Statistics

Population in GU47

18,860

Town centre distance

0.29 miles away

Nearest school

0.30 miles away

Nearest train station

0.07 miles away

 

 

Rental growth (12m)

+64%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Price changed to £315,000

December 7, 2024

Listed for £425,000

October 15, 2024

Floor Plans

Description

  • Two Bedrooms +
  • Detached Bungalow +
  • In Need of Modernisation +
  • Situated on a Private Road +
  • Spacious Plot +
  • Potential to Extend STP +
  • Close to Sandhurst Train Station +
  • EPC: D (54) +
  • Council Tax Band: TBC +

A rare opportunity to purchase this detached bungalow situated at the end of a private lane. The property offers ample potential to extend and improve subject to the usual planning consents and currently benefits from two bedrooms accessed from the central hallway, a family bathroom and an en suite to the principal bedroom. There is also a kitchen/breakfast room leading onto a generous living room with access to the rear garden. The property is ideally located a short walk to Sandhurst train station, local pubs, and shops.

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £349 inc VAT for this pack.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.

At the end of the private lane, you reach a fantastic front garden, there is also a detached converted stable. To the rear there is a generous private garden.

Valuation/Market Appraisal
Thinking of selling or struggling to sell? Get in contact with Bridges your experienced, local agents and book your free Valuation now!

Agent Details

Bridges Estate Agents, Frimley

01276 740107

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪