13 Grummant Road, Peckham, London, SE15 5NQ

Description

A Vacant Five Bedroom Semi Detached Fully Licensed HMO. Planning Permission was Previously Granted for a Three Storey Rear and Side Extension and a Single Storey Rear Extension to Convert the Property into Three Flats (Now Lapsed). The property comprises a five bedroom semi-detached house arranged over lower ground, ground and first floors.

Accommodation

Lower Ground Floor: Two Bedrooms, Kitchen. Ground Floor: Two Reception Rooms, Bathroom. First Floor: Three Bedrooms. Exterior: The property benefits from a rear garden.

Location

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

Tenure / Property Information

Investment Analysis

The £700,000+ guide is the only price evidence. No completed sales, rental comparables, GDV or condition assessment are supplied, so market value and development value cannot be reliably estimated.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Review the legal pack, condition, HMO compliance, planning position and obtain independent valuation and rental evidence before proceeding.

Works Required

No specific defects or refurbishment works are evidenced. The previously granted planning permission for extensions and conversion to three flats has lapsed; any future works would require fresh planning and feasibility review.

Rental & Market Context

Potential BRRR Position

A BRRR assessment is not supportable without refurbishment costs, achievable rent, valuation evidence and finance assumptions. The lapsed flat-conversion permission should not be treated as current value uplift.

Buy-to-Let Analysis

The property is vacant and described as a fully licensed five-bedroom HMO, but no passing rent or sufficiently specific rental evidence is supplied. Rental income and yield cannot be established.

Flip Analysis

A flip appraisal cannot be calculated because no GDV, condition, works budget or selling-cost allowance is supplied.

Investor Risks & Due Diligence

• No completed-sale comparables or independent valuation supplied.

• No rental evidence or passing rent supplied.

• Previously granted planning permission has lapsed.

• Unknown condition and refurbishment requirement.

• Additional buyer disbursements and other legal-pack costs may apply.

• HMO licensing and compliance status should be verified despite the description stating it is fully licensed.

Recommendation

Do not bid on the current evidence alone. Review the legal pack, condition, HMO compliance, planning position and obtain independent valuation and rental evidence before proceeding.

Strategy Rating

Analysis Confidence

Only the guide price, property description, tenure and occupancy are supplied; there are no comparable sales, rental evidence, condition assessment, GDV or works costs.