Dont think in terms of BHP concentrate on drive-ability and torque. Putting a 4-1 will push the bhp up but you will loose power low down in the revs. Which you want if you have a cam thats geared upwards of 4k, but not if you don't have a cam. Then you'll feel like you've wasted money but really you have just got the wrong setup.
Putting a 4-2-1 will give a general throttle response gain all over which for a general performance gain is what you want. A Decat is good good good for throttle response but dont forget about the MOT and Vosa tests.
Some exhausts can increase throttle response brilliantly, some can completely fuck it up.
Buying an induction kit or cone filter or any other crap like that is a massive waste of money, get a higher flowing filter element. You don't even need a cold air feed.
http://www.kamracing.co.uk/index.php...-elements.html
Have a budget in mind and then get some options together and compare them from what other people have gained from fitting them.
Anything you buy has been bought, fitted, tweaked and binned by someone somewhere.