10 Copland Road, Wembley

Description

Two bedroom flat; first floor; purpose built; in need of modernisation; vacant possession.

Accommodation

First floor - Two bedrooms, reception room, kitchen, bathroom, WC

Location

Situated close to the junction of Union Road. Shopping facilities are available locally on the High Road and Harrow Road along with a good selection of cafes, bars and restaurants. Recreational facilities are available at Barham Park and Horsenden Hill, which are both within easy reach. Nearby road connections are via the M1, A406, A404 and A4089. Transport: National Rail - Wembley; Underground - Wembley and Sudbury Town.

Tenure / Property Information

Investment Analysis

The strongest supplied evidence is 14 Copland Road, a leasehold flat/maisonette sold for £365,000 on 27 March 2025. However, its bedroom count, condition, floor and specification are not provided, so it is not a fully comparable valuation. Older Copland Road sales range from £190,000 to £206,000 between 2010 and 2013. A £365,000 base GDV is therefore an indicative estimate anchored to the latest same-road sale, with low and high scenarios unsupported by the supplied evidence.

Investment Snapshot

Strategy Recommendation

Do not commit on the supplied evidence alone. Obtain the legal pack, inspection-based refurbishment quotations, leasehold charges, buyer and seller fee details, VAT position and local rental evidence before setting a bid or selecting BTL, BRRR or flip.

Works Required

Modernisation is required, but the evidence does not specify the extent of works. A detailed inspection and quotation are required before budgeting; no specific structural, services or finish defects should be assumed.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £365,000 base GDV, 75% refinance would be approximately £273,750. Total project cost and cash left in cannot be calculated because refurbishment costs and transaction charges are unavailable. The 109-year lease is stated, but other leasehold costs are not supplied.

Buy-to-Let Analysis

BTL appraisal cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Works costs, buyer fees, seller charges and VAT treatment are also unknown.

Flip Analysis

A resale appraisal cannot be completed reliably. The £365,000 base GDV is supported only by a same-road sale whose specification is not provided, while works, acquisition charges, VAT and selling costs are unknown. Flip surplus is therefore unsupported.

Investor Risks & Due Diligence

• The flat is described as in need of modernisation, but the scope and cost of works are unknown.

• The most recent comparable does not state its bedroom count, condition, floor or specification.

• No sufficiently specific rental evidence is available, so rent and yield cannot be established.

• Buyer fees, VAT and possible seller charges are unspecified and may materially increase total cost.

• EPC, council tax, parking, heating and other property particulars are not supplied.

• Leasehold service charges, ground rent, major works exposure and other lease terms are not supplied despite the stated 109-year remaining term.

Recommendation

Do not commit on the supplied evidence alone. Obtain the legal pack, inspection-based refurbishment quotations, leasehold charges, buyer and seller fee details, VAT position and local rental evidence before setting a bid or selecting BTL, BRRR or flip.

Strategy Rating

Analysis Confidence

There is one recent same-road sale and several older sales, but the principal comparable lacks detailed specification. Rent, condition costs, EPC, leasehold charges, buyer fees, seller charges, VAT and selling costs are not supplied.