42 St. Peter's Close, Tooting, London, SW17 7UH

Description

A Vacant Ground Floor Studio Flat. The property comprises a ground floor studio flat situated in a detached building arranged over ground and two upper floors. 6 Week Completion Available.

Accommodation

Ground Floor: Studio Room, Kitchen, Bathroom.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Wandsworth Common are within easy reach. Transport links are provided by Tooting Bec underground station (Northern line) and Wandsworth Common rail station.

Tenure / Property Information

Investment Analysis

Same-road completed sales range from £220,000 to £591,500, but the supplied comparables do not identify bedroom count, floor area, condition, parking or lease length. They therefore do not provide a sufficiently reliable basis for valuing this vacant studio. The approximately 75-year lease is also material to value and resaleability. No evidence-supported GDV is adopted.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Obtain the legal pack, inspect the studio, verify lease terms and costs, and secure suitable studio rental and valuation evidence before considering a purchase.

Works Required

No specific defects or refurbishment requirements are evidenced. Confirm condition, leasehold obligations and any required repairs through inspection and the legal pack before bidding. EPC is currently rated D.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be supported without a reliable GDV, rent, refurbishment budget and leasehold cost information. Approximately 75 years remain on the lease, which may affect refinance options and lender appetite.

Buy-to-Let Analysis

BTL returns cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The £110,000+ guide and known £1,800 admin charge do not support a complete investment yield calculation, and leasehold costs are unknown.

Flip Analysis

A flip surplus cannot be calculated. Although same-road sales are provided, the comparables are not sufficiently matched to this studio and no supported selling allowance or refurbishment budget is available.

Investor Risks & Due Diligence

• Approximately 75 years remain on the lease, potentially affecting value, resaleability and mortgageability.

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

• Same-road sold comparables lack key details such as size, bedroom count, condition and lease length, limiting valuation reliability.

• Buyer disbursements and other possible legal, search, seller-cost and transfer charges are not quantified.

• Six-week completion is stated and may require rapid funding and legal completion arrangements.

Recommendation

Do not bid on the current evidence alone. Obtain the legal pack, inspect the studio, verify lease terms and costs, and secure suitable studio rental and valuation evidence before considering a purchase.

Strategy Rating

Analysis Confidence

The property description and guide are supplied, but there is no usable studio-specific rent, GDV, condition, refurbishment budget, leasehold cost or comparable detail. Disbursements are also unspecified.