34 Bassingham Road, Wembley, Greater London HA0 4RL

Description

A semi-detached property requiring refurbishment and modernisation in an extremely sought after and desirable residential location. This property in brief needs full renovation and offers a huge opportunity to add value once works have been completed. It is nestled in a high demand area close to a multitude of amenities, places of worship, shops, bars, cafes and much more. Offering excellent transport links to central London and beyond this property is extremely well placed. In brief the property comprises of an entrance hall, lounge, dining room, breakfast kitchen and additional kitchen / utility room, on the 1st floor there are 3 bedrooms and bathroom with separate wc. There is further potential (STPP) to extend both out and up in to the loft with other similar properties on the street now boasting 5 bedrooms, there is a rear garden and potential (STPP) to also create off road parking.

Accommodation

Entrance Hall; Lounge; Dining Room; Breakfast Kitchen; Kitchen / Utility Room; Bedroom 1; Bedroom 2; Bedroom 3; Bathroom with separate WC

Location

Extremely sought after and desirable residential location, close to amenities, places of worship, shops, bars, cafes and more, with excellent transport links to central London and beyond.

Tenure / Property Information

Investment Analysis

Same-road HM Land Registry comparables for semi-detached properties range from £557,000 to £730,000. The most recent evidence is £730,000 in March 2025 and £615,000 in March 2022. A provisional base GDV of £672,500 uses the midpoint of these two more recent sales, with a low scenario of £615,000 and high scenario of £730,000. This is indicative only because the subject property's floor area, tenure, exact condition and finished specification are not supplied.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Obtain a full building survey, detailed refurbishment quotation, title and special-conditions review, and planning advice for any extension or parking scheme. Reassess as a potential flip only if total costs remain comfortably below the evidence-supported GDV range.

Works Required

Full renovation and modernisation are described as required. The scope, specification and cost cannot be quantified from the evidence. Potential rear, loft and parking alterations are subject to planning permission and should not be assumed in the base case.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A provisional 75% refinance against the £672,500 base GDV would be £504,375. Cash left in cannot be calculated because refurbishment costs, other purchase costs and finance costs are unsupported. BRRR viability is therefore unproven.

Buy-to-Let Analysis

BTL appraisal cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is provided. Refurbishment costs, tenure and occupancy are also unconfirmed. The 4.8% buyer premium would be £18,960 at the £395,000 guide, before any unknown additional charges.

Flip Analysis

The guide is £395,000 and the latest same-road comparable is £730,000, but the full renovation cost, resale costs and achieved finished specification are unknown. A flip surplus cannot be calculated reliably. The £730,000 comparable should not be treated as a formal valuation.

Investor Risks & Due Diligence

• Full renovation scope and cost are not supplied.

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

• Tenure and occupancy information are blank.

• Potential loft, rear extension and off-road parking are subject to planning permission and are not assured.

• GDV comparables vary materially and may differ in size, condition and specification.

• Additional special-condition fees may apply but are not supplied.

• Buyer premium is 4.8% including VAT, subject to a £6,000 minimum; other administration or transaction costs are unknown.

Recommendation

Do not bid on the current evidence alone. Obtain a full building survey, detailed refurbishment quotation, title and special-conditions review, and planning advice for any extension or parking scheme. Reassess as a potential flip only if total costs remain comfortably below the evidence-supported GDV range.

Strategy Rating

Analysis Confidence

There are several same-road completed sales and a stated guide price, but no floor area, tenure, occupancy, rental evidence, refurbishment budget, EPC, heating details, selling costs or planning confirmation.