Two-double maisonette,
Somerset
The deal in one paragraph
A well-presented two-double maisonette with en suite, second bathroom and allocated parking in a Somerset town — £149,950, reduced since spring, no chain, nothing to spend. It’s leasehold, and our numbers carry the service charge and ground rent in full — which is why we show 57% at asking and 61% ROI at our £140,000 target. The smallest day-one cheque on our book, and the fastest to first booking.
The angle
Ready to trade
two doubles, two bathrooms, well presented — the contractor-pair layout, bookable the week it completes.
Smallest cheque on the book
~£152,000 all-in at target — the accessible entry point.
Lease priced honestly
£1,391/yr of charges stays in every scenario — it moves our buy price, and we show you by how much.
Underwritten as a plain BTL first
Every deal must stand up as a standard buy-to-let on market rent before any serviced-accommodation income is counted.
| At asking £149,950 | At our number £140,000 | |
|---|---|---|
| Refinance loan (75% of price) | £112,462 | £105,000 |
| Interest-only at 5.5% | £515 pcm | £481 pcm |
| Estimated market rent (verify locally) | £750–850 /mo | £750–850 /mo |
| Rent needed at lender stress (145% @ 5.5%) | £747 pcm | £698 pcm |
Income scenarios — good, likely, poor
Nightly-rate model for a 2-bed, shown at our £140,000 number. Net figures are after utilities, council tax and interest at 5.5% on the refinance loan. Service charge and ground rent included. Cleaning, management and insurance sit outside this screening basis. All figures are projections, not guarantees.
| Scenario | Basis | Gross / year | Net / year |
|---|---|---|---|
| Good | £140 night · 90% occupancy | £45,990 | £34,034 |
| Likely | £140 night · 80% occupancy | £40,880 | £28,924 |
| Poor | £125 night · 50% occupancy | £22,812 | £10,856 |
Return on money left in
ROI is net annual income against cash still in the deal after the 75% refinance. Money left in = cash out (price + stamp duty + legals £1,750 + sourcing fee £3,000) less the refinance.
Projected return on money left in at £140,000 — with the poor case still returning 23% and payback of the cash left in at roughly 20 months on the likely case. All costs loaded: no quiet exclusions.
Offer strategy & day-one cash
The position
Open at £138,000 — four months on the market and no chain is our leverage; a clean cash close is the pitch.
Day one, at our number
≈ £152,050 total day-one cash. Refinance releases £105,000 back, leaving £47,050 in the deal.
Target £140,000–142,000, ceiling £142,000. At £149,950 it is a 57% deal — nearly, but nearly isn’t the line.
What we verify before exchange
- Lease pack. service-charge accounts and history, ground-rent review terms, management company conduct — and the buildings-insurance arrangement.
- Lender appetite. maisonette leasehold at 75% — confirm with the broker alongside the refinance plan.
- Nightly rates. the 2-bed verification action (~£160 makes 2-beds sing) applies here more than anywhere — verify before final price.
- Electric heating. running-cost check against our £2,880 utilities standard; EPC C helps.
- Market rent. £750–850 confirmed locally.
Fit & exits
Operate
Book immediately as a 2-double/2-bath contractor unit — the energy project bus route on the doorstep, allocated parking, nothing to spend.
Single let / resell
Plain BTL at £750–850, or resell to first-time buyers — EPC C, en suite and parking is exactly what that market wants.
As with every deal we sell, aftercare is built in: a company let from the buyer at a guaranteed rent, or ongoing placement of bookings. You're buying the deal with the operating route attached.
Photographs — under wraps
The photograph set — and the address — are held back while the deal is live. They identify the property, and protecting a live deal is part of what you're paying for. Accept the deal and the full set is released the same day.
Released on acceptance
Released on acceptance
Released on acceptance
Proof of funds, our sourcing terms, and the fee agreed â then you get the street, the door, and the full photograph set the same day. Straight talk: if the numbers above don’t work for you, the address won’t change that.
CONTACT@SAMNHARV.COM · SAMNHARV.CO.UK/JOIN