121 Glebe Gardens, New Malden, Surrey, KT3 5RX

Description

The property comprises a four bedroom semi detached house arranged over ground and two upper floors.

Accommodation

Ground Floor: Two Reception Rooms, Kitchen, Office, WC. First Floor: Four Bedrooms, Bathroom. Second Floor: Loft Room. Exterior: Rear garden and off street parking.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Manor Park are within easy reach. Transport links are provided by Malden Manor rail station.

Tenure / Property Information

Investment Analysis

Same-road HM Land Registry comparables range from £348,000 to £732,000, with the most recent comparable at £732,000 in July 2025. Older evidence includes £500,000 sales in 2021 and £595,000 in February 2021. Given the material variation and the absence of floor area, condition and specification details, a cautious evidence-based scenario range is £500,000–£732,000, with £595,000 used as the base GDV estimate rather than treating the highest sale as definitive.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack and completing a full inspection, with particular focus on condition, loft-room status, EPC implications and all auction charges. Do not bid on a BTL or flip basis until rent, works and selling costs are evidenced.

Works Required

No specific defects or refurbishment requirements are evidenced. Verify condition, the implications of the current EPC E rating, the specification and compliance of the loft room, and any required repairs through inspection and the legal pack before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £500,000 guide, the known administration charge is £1,800, but refurbishment costs, buyer premium and disbursements are unknown. A 75% refinance against the £595,000 base GDV would be approximately £446,250, but cash left in cannot be calculated reliably without total project costs and finance assumptions.

Buy-to-Let Analysis

BTL cannot be properly assessed because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Gross yield, operating margin and maximum bid therefore cannot be established. The £1,800 administration charge, unspecified buyer premium and possible disbursements would also need to be included.

Flip Analysis

The base GDV estimate is £595,000 against a £500,000 guide, but there is no supported refurbishment allowance, buyer premium, complete acquisition-cost figure or selling-cost allowance. A reliable flip surplus and maximum bid cannot therefore be calculated. The wide comparable range creates significant valuation risk.

Investor Risks & Due Diligence

• Completed-sale comparables vary materially from £348,000 to £732,000.

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

• Current EPC rating is E, but upgrade requirements and costs are unknown.

• Condition and refurbishment requirements are not stated.

• Buyer premium is unspecified and additional disbursements, legal, search and transfer charges may apply.

• Floor area, council tax, heating details and occupancy information are not supplied.

• The loft room is described, but its compliance and legal status are not evidenced.

Recommendation

Proceed only after reviewing the legal pack and completing a full inspection, with particular focus on condition, loft-room status, EPC implications and all auction charges. Do not bid on a BTL or flip basis until rent, works and selling costs are evidenced.

Strategy Rating

Analysis Confidence

There are several same-road completed sales and a clear guide price, but the evidence lacks floor area, condition, rental support, refurbishment costs, buyer premium, disbursements, occupancy and legal-pack details.