116a, Barons Court Road, London, W14 9DX

Description

Leasehold basement studio flat

Accommodation

Studio room open plan to kitchen, shower room/wc. Outside: Patio

Location

The property is located on Barons Court Road. Shopping amenities are available locally within West Kensington with a further range of shops, bars and restaurants found within Kensington High Street lying to the north east and within Westfield located to the north. Public transport links are available at Barons Court London Underground Station (District and Piccadilly lines) lying to the west and at West Brompton London Underground and Overground Station located to the east along with a network of local bus services serving the surrounding areas. The property is served by road links including the A4 lying to the north and the A219 located to the west. Recreational pursuits are available locally.

Tenure / Property Information

Investment Analysis

The £250,000 guide is below the supplied same-road completed-sale range of £395,000–£605,000, but those comparables are not sufficiently specific because their sizes, bedroom counts, floor levels, lease terms and condition are not provided. The subject is a basement studio, so the sales evidence cannot support a reliable GDV or valuation adjustment. Lease information is also awaited. The known buyer administration charge is £1,800 inclusive of VAT; possible seller charges are unspecified.

Investment Snapshot

Strategy Recommendation

Do not set a bid based on the supplied comparables alone. Obtain the lease, ground rent, service charge, lease length, special conditions, condition information and rental evidence before considering the property.

Works Required

No specific works are evidenced. Confirm condition, lease restrictions, service charge obligations and any required repairs before bidding. The accommodation comprises an open-plan studio/kitchen, shower room/WC and patio.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be supported without a defensible GDV, rent, refurbishment budget and confirmed lease terms. The £1,800 buyer administration charge is known, but potential seller charges and other acquisition costs are not.

Buy-to-Let Analysis

BTL analysis cannot be completed because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Service charge, ground rent and lease length are also unknown, preventing a reliable net-yield assessment.

Flip Analysis

A flip surplus cannot be calculated. Same-road completed sales provide context, but are not sufficiently comparable to establish the basement studio's resale value, and no works or selling-cost allowance is supplied.

Investor Risks & Due Diligence

• Lease length, annual ground rent, review provisions and service charge are awaiting confirmation.

• Potential seller charges under the special conditions are unspecified.

• No sufficiently specific rental evidence or auctioneer rent estimate is supplied.

• The supplied completed sales do not provide size, bedroom, floor-level, lease or condition details, limiting valuation reliability.

• Property condition and any refurbishment requirement are not evidenced.

Recommendation

Do not set a bid based on the supplied comparables alone. Obtain the lease, ground rent, service charge, lease length, special conditions, condition information and rental evidence before considering the property.

Strategy Rating

Analysis Confidence

Key valuation, rental, lease, condition, refurbishment and transaction-cost evidence is incomplete; the supplied sales are same-road but lack sufficient comparability detail.