17 Bellamy House, Biscoe Close, Hounslow, Greater London

Description

Vacant leasehold self-contained third floor flat with two bedrooms, reception room, kitchen, bathroom, W/C and balcony. Total GIA approximately 71.7 sq m (772 sq ft).

Accommodation

Two bedrooms, reception room, kitchen, bathroom, W/C and balcony.

Location

Situated on the east side of Biscoe Close. The M4 Motorway is easily accessible, providing a connection to the M25 Motorway. Osterley underground station (Piccadilly Line) is approximately 1.5 miles away. Local shops and amenities are available within close proximity. Lampton Park is within walking distance. Heathrow Airport is approximately 4.4 miles away.

Tenure / Property Information

Investment Analysis

The supplied sold evidence relates to Flat 16 in Bellamy House and is dated 2013–2018, with prices ranging from £85,000 to £180,000. It is not sufficiently current or consistent to support a reliable 2026 market value or GDV for Flat 17. The £140,000 guide cannot be independently validated from the supplied evidence. The flat has approximately 87 years remaining on the lease and service charge estimates of £1,325.91 for 2025/26 and £1,593.62 for 2026/27.

Investment Snapshot

Strategy Recommendation

Do not set a bid from the current evidence alone. Obtain current comparable sales, a rental appraisal, lease and service-charge documentation, auction fees and a property inspection before considering purchase. At present, the property is not sufficiently underwritten for BTL, BRRR or flip.

Works Required

No condition, inspection or photographic evidence has been supplied. No specific refurbishment works or works allowance can therefore be supported. Confirm condition, statutory compliance, lease restrictions and any required works before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be supported because current GDV, refurbishment cost, achievable rent, finance costs and acquisition fees are not evidenced. The approximately 87-year lease and unspecified auction or seller charges also require due diligence before considering refinanceability.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate has been supplied. Gross yield, net yield and debt-service assessment are therefore unsupported. The service charge is a material ongoing cost and should be confirmed alongside any other landlord liabilities.

Flip Analysis

A flip surplus cannot be calculated. The available sales are historic, relate to a nearby flat in the same building, and vary materially from £85,000 to £180,000. Current resale value, works cost, selling costs and acquisition charges are unsupported.

Investor Risks & Due Diligence

• Approximately 87 years remain on the lease, which may affect mortgageability, resale and future lease-extension costs.

• Service charge is £1,325.91 for 2025/26, with an estimate of £1,593.62 for 2026/27; additional charges may apply.

• No current rental evidence or auctioneer rent estimate is available.

• Historic comparable prices are inconsistent, ranging from £85,000 to £180,000, and do not provide a reliable current valuation.

• Buyer premium, administration charge and other potential seller or third-party fees are unspecified.

• No condition, inspection or photographic evidence has been supplied, so refurbishment requirements are unknown.

• EPC, council tax, parking and heating information are not supplied.

Recommendation

Do not set a bid from the current evidence alone. Obtain current comparable sales, a rental appraisal, lease and service-charge documentation, auction fees and a property inspection before considering purchase. At present, the property is not sufficiently underwritten for BTL, BRRR or flip.

Strategy Rating

Analysis Confidence

The evidence confirms the property, tenure, vacancy, lease term and service charge, but lacks current comparables, rental evidence, condition information, EPC, council tax, parking/heating details and buyer or administration fees.