354B Kingston Road, Epsom, Surrey, KT19 0DT

Description

A Vacant First Floor Two Bedroom Flat in Need of Refurbishment. The property comprises a first floor two bedroom flat situated within a mid terrace building arranged over ground and first floors.

Accommodation

First Floor: Reception Room with Open Plan Kitchen, Two Bedrooms, Bathroom.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Auriol Park are within easy reach. Transport links are provided by Malden Manor rail station.

Tenure / Property Information

Tenure	Leasehold
Lease	The property is held on a 99 year lease from 1st January 1988 (thus approximately 61 years unexpired).
Occupancy	Vacant
EPC	Current Rating D
Services	Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Investment Analysis

The closest evidence is 352A Kingston Road at £230,000 in December 2025, with other nearby leasehold flat sales at £210,000 and £230,000 in 2022. These sales do not provide bedroom, condition or remaining-lease details, so the subject’s approximately 61-year lease and refurbishment requirement cannot be quantified reliably. A cautious evidence-based GDV range is £210,000–£230,000, with £220,000 as a working base estimate.

Investment Snapshot

Guide Price	£120,000+ (plus fees)
HB Estimated GDV	£220,000

Strategy Recommendation

Proceed only subject to legal-pack review, confirmation of lease terms and charges, a survey, refurbishment quotations and local rental evidence. Do not rely on the guide price or provisional GDV until the approximately 61-year lease is fully assessed.

Works Required

Refurbishment is required, but the supplied evidence does not specify the condition, defects or required scope. Obtain a survey, refurbishment schedule and contractor quotations before bidding. The EPC is currently rated D.

Rental & Market Context

No sufficiently specific external rental comparable identified.

Sold Comparables

The following completed sales were identified within approximately 5 miles:

352a, Kingston Road, Epsom, Epsom And Ewell, Kt19 0dt 2025-12-05 · Flat/Maisonette · Leasehold	£230,000
352b, Kingston Road, Epsom, Epsom And Ewell, Kt19 0dt 2022-06-23 · Flat/Maisonette · Leasehold	£230,000
364b, Kingston Road, Epsom, Epsom And Ewell, Kt19 0dt 2022-01-19 · Flat/Maisonette · Leasehold	£210,000
364a, Kingston Road, Epsom, Epsom And Ewell, Kt19 0dt 2017-07-25 · Flat/Maisonette · Leasehold	£190,000
352a, Kingston Road, Epsom, Epsom And Ewell, Kt19 0dt 2017-05-19 · Flat/Maisonette · Leasehold	£227,500

Potential BRRR Position

Base GDV	£220,000
75% Refinance	£165,000

At the £120,000 guide, the known administration charge is £1,800 and the indicative refinance at 75% of the £220,000 base GDV is £165,000. However, refurbishment cost, acquisition costs, rent, service charges, ground rent and lender criteria are unknown, so cash required and refinance viability cannot be confirmed.

Buy-to-Let Analysis

BTL assessment cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The £1,800 administration charge is known, but refurbishment, finance, service-charge, ground-rent and other purchase costs are not provided.

Flip Analysis

A provisional base GDV of £220,000 is supported by nearby completed sales, but the comparable properties’ bedroom, condition and lease details are not supplied. Refurbishment costs, selling costs and other acquisition costs are unknown, so a reliable flip surplus or maximum bid cannot be calculated.

Investor Risks & Due Diligence

• Approximately 61 years remain on the lease, which may affect mortgageability, value and resaleability.

• The flat is described as needing refurbishment, but the scope and cost are unknown.

• No sufficiently specific rental evidence is available, so BTL yield cannot be established.

• The comparables do not state bedroom count, condition or remaining lease terms.

• Additional disbursements may be payable under the legal pack.

• Buyer premium, service charge, ground rent, finance costs and other acquisition costs are not supplied.

Recommendation

Proceed only subject to legal-pack review, confirmation of lease terms and charges, a survey, refurbishment quotations and local rental evidence. Do not rely on the guide price or provisional GDV until the approximately 61-year lease is fully assessed.

Strategy Rating

HB Rating

★★☆☆☆

Analysis Confidence

Confidence

Low-Medium

There are several nearby completed sales and a stated lease term, but the comparables lack key detail and there is no usable rental, refurbishment-cost, service-charge, ground-rent or full-fee evidence.