3 Sherwood Road, South Harrow

Description

An End of Terrace House requiring modernisation with accommodation arranged on Two Floors.

Accommodation

First Floor: Bedroom (One), Bedroom (Two), Bedroom (Three), Bedroom (Four). Ground Floor: Entrance Hall, Living Room, Dining Room, Kitchen, Bathroom/WC. Front Garden. Garden at Rear.

Location

Situated on Sherwood Road, close to local shopping/travelling facilities including South Harrow Tube Station (Piccadilly Line). Alexandra Park is also nearby.

Tenure / Property Information

Investment Analysis

Same-road completed sales include £470,000 in March 2023 and £487,500 in January 2026, with older sales between £314,000 and £433,000. A base GDV of £480,000 is used within the recent evidence range, but the comparables do not provide bedroom, floor-area or condition details, so this is indicative only.

Investment Snapshot

Strategy Recommendation

Potential refurbishment-led resale at or near the guide, subject to survey, a detailed works quotation and review of the special conditions. Do not rely on BTL or BRRR figures until rent and project costs are evidenced.

Works Required

Modernisation is required, but the evidence does not specify the scope or condition of individual elements. A full inspection and refurbishment specification are required before budgeting.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £365,000 guide, the £1,500 buyer premium gives a known pre-works cost of £366,500, excluding any seller fees and the 10% deposit funding requirement. A 75% refinance of the indicative £480,000 GDV is £360,000, so cash left in cannot be calculated until works and all costs are known.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Refurbishment costs and any additional seller fees are also unknown.

Flip Analysis

The indicative GDV range is £470,000 to £487,500, based on same-road completed sales. A flip surplus cannot be calculated because the modernisation cost, seller fees and selling allowance are not supplied.

Investor Risks & Due Diligence

• The property requires modernisation, but the extent and cost of works are unknown.

• No sufficiently specific rental evidence is available, preventing a supported yield assessment.

• Additional seller fees may be payable under the special conditions, but their amount is not supplied.

• The comparables lack bedroom, floor-area and condition details, limiting GDV precision.

• The balance of the 10% deposit, subject to the stated minimum, and the buyer fee are required within 24 hours of the auction date.

Recommendation

Potential refurbishment-led resale at or near the guide, subject to survey, a detailed works quotation and review of the special conditions. Do not rely on BTL or BRRR figures until rent and project costs are evidenced.

Strategy Rating

Analysis Confidence

Recent same-road sold evidence and the guide price are available, but comparable property details, refurbishment costs, rental evidence, seller fees and selling costs are missing.