232, Kingston Road, LEATHERHEAD, Surrey, KT22 7PZ

Description

Long leasehold first floor self-contained flat requiring modernisation. Accommodation: First floor: One bedroom, open plan reception room/kitchen, bathroom/WC, hallway Outside: Communal gardens Gross Internal Area (GIA): (Source: EPC) 50 sq m (538 sq ft)

Location

The property is situated on the east side of Kingston Road between its junctions with The Fairway and Ryeland Court. Public transport links include Leatherhead mainline rail station together with a network of local bus services serving the surrounding vicinity. Road links include the A243 and M25 (Junction 9). Shopping amenities can be found locally within Leatherhead Town Centre, with an extensive range of shops, bars and restaurants being found in nearby Epsom and Kingston upon Thames. Recreational pursuits can be found locally at the open spaces of Leatherhead Leisure Centre, Norbury Park and the wider Surrey Hills Area of Outstanding Natural Beauty.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £15,000–£25,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Refurbishment & Resale. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Flip: ★★★★☆

BRRR: ★★★☆☆

Buy-to-Let: ★★★☆☆