42 Stronsa Road, Shepherds Bush, London

Description

Internally arranged to provide three self-contained flats, comprising two 2-bedroom and one 3-bedroom self-contained flats. Total GIA of flats approximately 207 sq m (2,227 sq ft). Gross initial yield 4.75%.

Accommodation

Three self-contained flats: two 2-bedroom flats and one 3-bedroom flat. Total GIA approximately 207 sq m (2,227 sq ft).

Location

Situated on the east side of Stronsa Road, close to its junction with Jeddo Road. The A40 and A4 provide convenient road connections towards Central London and the wider motorway network. Stamford Brook and Turnham Green Underground Stations are accessible via the District line. Local shops, cafés and amenities are available along Askew Road and Uxbridge Road. Ravenscourt Park is within walking distance to the south east.

Tenure / Property Information

Investment Analysis

The five supplied Land Registry sales on Stronsa Road range from £750,000 to £1,550,000, with substantial variation and no floor area, bedroom mix or condition information. Although the subject comprises three self-contained flats totalling approximately 2,227 sq ft, the evidence is insufficient to establish a reliable GDV or to determine whether the £1.25m+ guide represents value. The stated 4.75% gross initial yield cannot be independently recalculated because the underlying rent and calculation basis are not supplied.

Investment Snapshot

Strategy Recommendation

Treat as an income-hold opportunity only pending verification of the 4.75% yield, tenancy rents, vacant-flat condition and all legal and compliance matters. Do not set a bid or pursue BRRR/flip on the supplied evidence alone.

Works Required

No condition, defect or refurbishment scope is supplied. No works allowance can therefore be supported; the immediate requirements are due diligence on the three flats, tenancy documentation, vacant-flat condition and legal/planning compliance.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed because GDV, refurbishment cost, rental income, finance costs and buyer or administrative fees are not supplied. The 75% refinance amount is consequently unsupported. Tenancy, condition, valuation and compliance due diligence would be required before considering this strategy.

Buy-to-Let Analysis

The property has two flats subject to Assured Periodic Tenancies and one vacant flat. The auction material states a 4.75% gross initial yield, but no passing rents, tenancy schedules, rent apportionment or rental evidence are supplied. BTL performance and yield cannot therefore be independently established, and the vacant flat creates reletting and income-continuity uncertainty.

Flip Analysis

A flip assessment cannot be reliably calculated. The comparable sales range from £750,000 to £1,550,000 but lacks comparable property specifications and condition details, while no refurbishment budget, selling allowance or reliable GDV is available. Any resale surplus would therefore be speculative.

Investor Risks & Due Diligence

• Two flats are occupied under Assured Periodic Tenancies, but passing rents and tenancy terms are not supplied.

• One of the three flats is vacant, with no condition or reletting information provided.

• The stated 4.75% gross initial yield cannot be verified from the supplied evidence.

• Buyer premium, administration charges and other possible additional fees are unspecified.

• Comparable sale prices vary materially and lack floor area, flat configuration and condition details.

• No refurbishment, planning, licensing or other legal/compliance evidence is supplied.

Recommendation

Treat as an income-hold opportunity only pending verification of the 4.75% yield, tenancy rents, vacant-flat condition and all legal and compliance matters. Do not set a bid or pursue BRRR/flip on the supplied evidence alone.

Strategy Rating

Analysis Confidence

The evidence confirms tenure, accommodation, occupancy and several nearby completed sales, but omits actual rents, tenancy terms, condition, works, fees, legal/compliance information and sufficiently detailed comparable attributes.