18 Acton Town Hall Apartments Winchester Street, Acton, London

Description

A Ground Floor Two Bedroom Flat Subject to a Periodic Tenancy Producing £25,200 Per Annum. The property comprises a ground floor two bedroom flat situated within a purpose built building arranged over ground and two upper floors.

Accommodation

Ground Floor: Reception Room with Open-Plan Kitchen; Two Bedrooms (One with En-Suite); Bathroom. G.I.A Approx 758 sq ft

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Acton Park are within easy reach. Transport links are provided by Acton Town underground station (District line) and Acton Central overground station.

Tenure / Property Information

Investment Analysis

Same-building sold evidence ranges from £385,000 to £567,500, excluding the £90,000 outlier. As bedroom, floor and condition details are unavailable for the comparables, £470,000 is used as a cautious base GDV, with wide scenario limits.

Investment Snapshot

Strategy Recommendation

Prioritise a rent-led hold or BRRR approach, subject to legal-pack review, tenancy verification and lender acceptance. Avoid relying on a flip valuation without better comparable detail.

Works Required

No refurbishment works are evidenced. Allow for inspection and any legally or practically necessary works only after reviewing the property and legal pack.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £470,000 base GDV, 75% refinancing is £352,500. Against the £311,800 guide purchase plus known administration charge, this indicates approximately £40,700 cash released before finance, tax, disbursements and other costs, subject to lender valuation and underwriting.

Buy-to-Let Analysis

The periodic tenancy is stated to produce £25,200 per annum (£2,100 pcm). This gives 8.13% gross yield on the £310,000 guide and 8.08% on the guide plus the known £1,800 administration charge. Disbursements and other ownership costs are not quantified, so net yield cannot be established.

Flip Analysis

The base GDV implies £158,200 gross equity over the guide purchase and known administration charge before selling costs, finance, tax and works. A reliable flip surplus cannot be calculated because selling costs and refurbishment requirements are unsupported.

Investor Risks & Due Diligence

• Periodic tenancy terms, rent status and possession position require legal and tenancy verification.

• Same-building comparable sales lack bedroom, floor, size and condition details.

• The £90,000 sale is materially anomalous and has been excluded from the main GDV range.

• Additional disbursements, search fees, legal fees or transfer fees may apply but are unquantified.

• Refinance proceeds depend on lender valuation, affordability and underwriting.

• Gross yields exclude service charge, ground rent, maintenance, management, finance, tax and vacancy costs.

Recommendation

Prioritise a rent-led hold or BRRR approach, subject to legal-pack review, tenancy verification and lender acceptance. Avoid relying on a flip valuation without better comparable detail.

Strategy Rating

Analysis Confidence

The passing rent, lease term, guide price, known administration fee and several same-building sales are supplied, but comparable property details, refurbishment condition, disbursements and selling costs are incomplete.