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42 St. Peter's Close, Tooting, London
Marketed by:
Auction House London
1a, 5 Hampstead Gate, London NW3 6AL, UK
020 7625 9007
Vacant Ground-Floor Studio Flat, Tooting
42 St. Peter's Close, Tooting, London
For Sale
£110,000+
• 1 Bedrooms
• Flat
• Leasehold
• Vacant
• Allocated parking space
• Current Rating D
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.
Accommodation
Ground Floor: Studio Room, Kitchen, Bathroom. Exterior: The property benefits from a front garden and an allocated parking space.
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
Tenure |
Leasehold |
Lease |
120 year lease from 25th December 1981, with approximately 75 years unexpired. |
Occupancy |
Vacant |
EPC |
Current Rating D |
Parking |
Allocated parking space |
Services |
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. |
Investment Analysis
The nearby sold evidence is highly inconsistent (£220,000–£591,500) and lacks bedroom, size, condition and lease details. It is therefore insufficient to support a reliable GDV for this studio flat. The approximately 75-year lease may also affect value and mortgageability.
Investment Snapshot
Guide Price |
£110,000+ (plus fees) |
Strategy Recommendation
Do not bid on current evidence. Proceed only after legal-pack review, leasehold-cost confirmation, inspection and independent valuation/rental assessment.
Works Required
No specific defects or refurbishment requirements are evidenced. Obtain inspection and review the EPC, lease and legal pack before budgeting works.
Rental & Market Context
|
No sufficiently specific external rental comparable identified. |
|
Sold Comparables
The following completed sales were identified within approximately 5 miles:
|
34, St Peters Close, London, Wandsworth, Sw17 7uh |
£591,500 |
|
46, St Peters Close, London, Wandsworth, Sw17 7uh |
£221,500 |
|
43, St Peters Close, London, Wandsworth, Sw17 7uh |
£220,000 |
|
35, St Peters Close, London, Wandsworth, Sw17 7uh |
£535,000 |
|
45, St Peters Close, London, Wandsworth, Sw17 7uh |
£315,000 |
Potential BRRR Position
BRRR cannot be underwritten without a supported GDV, rent, refurbishment budget and full leasehold cost information. Refinanceability may be affected by the approximately 75-year lease.
Buy-to-Let Analysis
BTL appraisal cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is provided. The shortish remaining lease and unknown leasehold costs require investigation.
Flip Analysis
A flip appraisal cannot be reliably calculated. The local comparables are materially inconsistent and no supported selling allowance or works budget is available.
Investor Risks & Due Diligence
• Approximately 75 years remain on the lease.
• No specific rental evidence is available.
• Sold comparables show substantial price variation and lack sufficient property detail.
• Admin charge is £1,800 and further legal-pack disbursements or other fees may apply.
• Condition, dimensions, service charges and ground rent are not supplied.
Recommendation
Do not bid on current evidence. Proceed only after legal-pack review, leasehold-cost confirmation, inspection and independent valuation/rental assessment.
Strategy Rating
HB Rating |
★★☆☆☆ |
Analysis Confidence
Confidence |
Low |
No reliable studio-specific valuation or rental evidence is supplied; leasehold costs, condition, dimensions and legal-pack disbursements are unknown.
Auction Details :
Auction House London
Auction Date :
11/11/26
Lot Number :
074A
Property Location:
42 St. Peter's Close, Tooting, London
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