17 Elsley Road, Battersea, London

Description

Vacant freehold mid-terrace house. Ground floor comprises reception room, kitchen and WC; first floor comprises three bedrooms and bathroom. Rear garden. GIA approximately 83.4 sq m (898 sq ft). Vacant possession.

Accommodation

Ground floor: reception room, kitchen, WC. First floor: three bedrooms, bathroom. Rear garden. GIA approximately 83.4 sq m (898 sq ft).

Location

The property is situated on the south side of Elsley Road. The shops and amenities of Lavender Hill are to the south. Clapham Junction rail station is approximately 0.8 miles to the west. The A3216 is to the east. Clapham Common is to the south.

Tenure / Property Information

Investment Analysis

Five completed freehold terraced sales on Elsley Road range from £885,000 to £1,162,500, with an average of approximately £1,023,186 and a median of £1,050,000. A base GDV of £1,050,000 uses the median, with a low scenario of £885,000 and high scenario of £1,162,500. The evidence does not provide comparable floor areas, bedroom counts, condition or specification, so these are indicative rather than formal valuation figures.

Investment Snapshot

Strategy Recommendation

Proceed only as a survey- and legal-pack-led value opportunity. The guide appears materially below the supplied same-road sales, but the purchase should remain conditional on confirming condition, required works, title and resale suitability.

Works Required

No specific defects or refurbishment requirements are evidenced. A condition survey and legal review are required before specifying or costing works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A potential BRRR strategy is indicated by the low guide relative to the supplied same-road sales, with indicative refinancing at 75% of the £1,050,000 base GDV equal to £787,500. However, refurbishment costs, buyer or administrative charges, rent and total project cost are unavailable, so cash left in and viability cannot be calculated.

Buy-to-Let Analysis

The property is vacant, but no sufficiently specific rental comparables or auctioneer rent estimate are supplied. Rent and gross yield therefore cannot be established. Any BTL assessment also requires refurbishment and acquisition cost information.

Flip Analysis

The supplied same-road completed sales support an indicative base GDV of £1,050,000, but no condition, refurbishment budget, acquisition fees or selling allowance is provided. A reliable flip surplus and maximum bid therefore cannot be calculated.

Investor Risks & Due Diligence

• The comparable sales do not include floor area, bedroom count, condition or specification, limiting GDV reliability.

• No condition or refurbishment information is supplied, so total project cost is unknown.

• No rental evidence is available, preventing yield and rental-stress analysis.

• Buyer premium, administration charges and other possible fees are unspecified.

• The supplied sales range is wide, from £885,000 to £1,162,500.

Recommendation

Proceed only as a survey- and legal-pack-led value opportunity. The guide appears materially below the supplied same-road sales, but the purchase should remain conditional on confirming condition, required works, title and resale suitability.

Strategy Rating

Analysis Confidence

There are several relevant completed sales on the same road, but no property-specific condition, comparable sizes/specifications, rent, refurbishment costs or buyer fees are supplied.