17B Shrubbery Road, London, SW16 2AS

Description

A two-bedroom balcony flat occupying the whole of the first floor of this mid-terrace purpose-built development, which would suit an owner-occupier or investor. It is fully double-glazed and has a gas heating system via radiators. It is offered for sale with contemporary fixtures and fittings in good decorative order throughout. There is a small south-west-facing sun balcony to the rear of the property, and it is offered for sale with vacant possession.

Accommodation

Ground floor access to common ways and stairs to first floor. Entrance hall, kitchen with open-plan living room, bathroom/W.C., two double bedrooms, one with double-glazed door to a south-east-facing balcony.

Location

Shrubbery Road is situated just off the A23, close to the centre of Streatham, with comprehensive shopping facilities and amenities within the immediate vicinity. The mainline station is within easy reach, and there are excellent road links to central London, Gatwick, and all surrounding areas via the nearby A23/A214.

Tenure / Property Information

Investment Analysis

The supplied completed sales on Shrubbery Road range from £360,000 to £534,000. The most recent comparable, 35 Shrubbery Road, sold for £485,000 on 17 July 2026. As bedroom count, floor area, exact condition and lease details for the comparables are not supplied, £485,000 is used as an indicative base GDV only, with £360,000 and £534,000 as evidence-based low and high reference points rather than a formal valuation.

Investment Snapshot

Strategy Recommendation

Potentially attractive as a BTL or BRRR candidate if the advertised rent is achievable and lease, service-charge and building-management details are satisfactory. Do not set a maximum bid from the supplied evidence alone; obtain the legal pack, lease review, service-charge information and full cost schedule first.

Works Required

No specific refurbishment works are evidenced. The flat is described as being in good decorative order with contemporary fixtures and fittings, double glazing and gas radiator heating. Allowance may still be required for any inspection-led repairs, but no cost is supported by the evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £485,000 base GDV, 75% of GDV is £363,750. The potential refinance figure is therefore materially above the guide range, but total acquisition costs, refurbishment costs, finance costs, lease terms and lender valuation criteria are not supplied. Cash left in cannot be established reliably.

Buy-to-Let Analysis

At the advertised asking rent of £2,250 pcm, annual gross rent is £27,000. Against the £280,000–£300,000 guide range, the indicative gross yield is approximately 9.6% to 9.0%, before service charge, ground rent, management, maintenance, voids, finance, tax and acquisition costs. The rent is an advertised asking rent, not an achieved passing rent.

Flip Analysis

The evidence indicates a substantial difference between the guide range and the £485,000 base comparable reference point. However, a supported flip surplus cannot be calculated because refurbishment, acquisition, finance, selling and other non-optional costs are not quantified. Comparable property differences also create valuation risk.

Investor Risks & Due Diligence

• The £2,250 pcm figure is an advertised asking rent rather than achieved or passing rent.

• No service-charge amount, reserve-fund liability or building-management information is supplied.

• The lease has a stated 125-year term from 1 January 2004, leaving a finite unexpired term that should be legally confirmed.

• Administration, other non-optional fees, Stamp Duty, Land Registry fees and VAT may be payable but are unquantified.

• The guide-to-GDV uplift depends on comparables whose floor areas, layouts, condition and lease details are not supplied.

• No quantified refurbishment, finance or resale-cost allowance is available.

• The property is leasehold and the stated £150 annual ground rent should be reviewed alongside the lease terms.

Recommendation

Potentially attractive as a BTL or BRRR candidate if the advertised rent is achievable and lease, service-charge and building-management details are satisfactory. Do not set a maximum bid from the supplied evidence alone; obtain the legal pack, lease review, service-charge information and full cost schedule first.

Strategy Rating

Analysis Confidence

There is strong same-road completed-sale evidence, but the comparables lack size, condition and lease-detail information. Rent is based on one advertised listing, while works, service charges, buyer fees, finance costs and other acquisition costs are unavailable.