3 Latton Close, Walton-on-Thames, Surrey

Description

Freehold mid terrace house offered with vacant possession. The property comprises a ground floor reception room, kitchen and separate WC; first floor four bedrooms and bathroom; and front and rear gardens. GIA approximately 100.79 sq m (1,085 sq ft). The vendor will not accept offers prior to auction.

Accommodation

Ground Floor: Reception Room, Kitchen, Separate WC. First Floor: Four Bedrooms, Bathroom. Front and Rear Gardens. GIA approximately 100.79 sq m (1,085 sq ft).

Location

Located off the north side of Latton Close. The shops, restaurants and bars of Walton-on-Thames are to the west. Hersham rail station (South Western Railway) is approximately 1 mile south west. The M3 Motorway is to the north. Molesey Heath is to the north east.

Tenure / Property Information

Investment Analysis

The strongest evidence is from the same street: £399,950 and £450,000 completed sales in February 2023. Older sales range from £332,000 to £377,500. Allowing for the subject's four-bedroom accommodation and the absence of supplied condition details, a cautious evidence-based GDV range is £400,000–£450,000, with £425,000 used as the base scenario. This is an estimate, not a formal valuation, and differences in condition, size and specification are unknown.

Investment Snapshot

Strategy Recommendation

Potential value opportunity subject to confirming condition, legal matters, all auction charges and achievable resale value. Do not bid on the guide alone; establish a fully costed project budget before considering a flip or BRRR strategy.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain a full survey and inspection before bidding; any works should be limited to defects and updating identified by that inspection.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £285,000 guide, the indicative 75% refinance of the £425,000 base GDV would be £318,750. However, refurbishment cost, buyer or administration charges, finance costs and total project cost are unavailable, so cash left in and refinance viability cannot be calculated reliably.

Buy-to-Let Analysis

A sufficiently specific rental comparable and auctioneer rent estimate are unavailable, so rent, yield and BTL cash flow cannot be established. The property is vacant and comprises four bedrooms, but no passing rent exists.

Flip Analysis

The same-street evidence indicates a base GDV of approximately £425,000 against the £285,000 guide, but this is only a gross guide-to-GDV difference before works, selling costs, acquisition charges, finance, tax and any condition adjustment. A reliable flip surplus cannot be calculated.

Investor Risks & Due Diligence

• Condition and required works are not disclosed.

• No sufficiently specific rental evidence is available.

• Buyer premium, administration charge and other possible fees are not supplied.

• Comparable sales differ in date, size, condition and specification, which may affect the GDV estimate.

• Legal, title and special-condition details require review before bidding.

• Vacant possession means there is no established passing income.

Recommendation

Potential value opportunity subject to confirming condition, legal matters, all auction charges and achievable resale value. Do not bid on the guide alone; establish a fully costed project budget before considering a flip or BRRR strategy.

Strategy Rating

Analysis Confidence

There are several same-street completed sales and clear accommodation details, but no condition report, EPC, rental evidence, buyer/admin charges, legal costs or refurbishment budget.