20 Hornbeam Terrace, Winchcombe Road, Carshalton, Surrey

Description

Vacant freehold mid terrace house. The property is within easy reach of local shops, schools and amenities, with excellent transport links offering convenient access to surrounding areas. Virtual tour available.

Accommodation

Ground floor: reception room with kitchen. First floor: two bedrooms and bathroom with WC. Garden at the rear.

Location

Situated in a well-established and popular residential area. The property is within easy reach of local shops, schools and amenities. Nearby rail stations provide services into London. Excellent transport links offer convenient access to surrounding areas.

Tenure / Property Information

Investment Analysis

Sold evidence for Hornbeam Terrace shows £340,000 in November 2025 and July 2026, £330,000 in November 2022, and £252,500 in November 2023. A base GDV of £340,000 is supported by the two most recent sales, but the comparable properties' exact numbers, condition and specification are not confirmed. The £230,000 guide represents a substantial headline discount, subject to works, fees and auction competition.

Investment Snapshot

Strategy Recommendation

Potential BTL or BRRR candidate only if inspection confirms limited works and the purchase remains close to the guide. Do not rely on the apparent discount until condition, fees and achievable rent are verified.

Works Required

No specific defects or refurbishment requirements are stated. Obtain and review the virtual tour and inspect the vacant property before setting a works allowance; only general assessment, cleaning and presentation can be considered after inspection.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At a £340,000 base GDV, 75% refinance is approximately £255,000. Against the £230,000 guide this gives £25,000 of headline headroom before works, fees, finance and tax, but the required cash contribution cannot be calculated because the works and charges are unknown. Vacant possession may assist implementation, but condition remains unverified.

Buy-to-Let Analysis

The £1,900 pcm figure is an advertised asking rent, not an achieved or passing rent. At the £230,000 guide, this indicates a headline gross yield of approximately 9.91%, before works, finance, tax and other costs. A yield on total project cost cannot be established because refurbishment and buyer or administrative charges are unspecified.

Flip Analysis

Using the £340,000 base GDV, the headline difference against the £230,000 guide is £110,000 before refurbishment, selling costs, finance, tax and auction-related charges. A reliable flip surplus cannot be calculated because no works allowance or selling-cost allowance is supported by the evidence.

Investor Risks & Due Diligence

• Property condition and refurbishment requirements are not stated, so total project cost is unknown.

• The £1,900 pcm figure is an advertised asking rent rather than achieved or passing rent.

• Buyer premium, administration charges and possible seller or third-party fees are unspecified.

• The auction guide is not a formal valuation and may rise at auction.

• Comparable sale details do not confirm exact property numbers, condition or specification.

Recommendation

Potential BTL or BRRR candidate only if inspection confirms limited works and the purchase remains close to the guide. Do not rely on the apparent discount until condition, fees and achievable rent are verified.

Strategy Rating

Analysis Confidence

Recent same-terrace sold evidence and one rental listing are available, but the property's condition, exact comparable matching, achieved rent, refurbishment cost and buyer or administrative charges are not supplied.