4A Pelham Road, Wimbledon, London

Description

A Vacant Lower Ground Floor One Bedroom Flat in Need of Refurbishment. The property comprises a lower ground floor one bedroom flat situated within a semi detached building arranged over lower ground, raised ground and first floors.

Accommodation

Lower Ground Floor: Reception Room, Kitchen, Bedroom, Bathroom. Exterior: The property benefits from a rear garden.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Haydons Road Recreation Ground are within easy reach. Transport links are provided by South Wimbledon underground station (Northern line) and Haydons Road rail station.

Tenure / Property Information

Investment Analysis

Comparable leasehold flat sales on Pelham Road range from £425,000 to £585,000, but bedroom count, size, floor, condition and garden comparability are unavailable. A reliable GDV or auction discount cannot therefore be established.

Investment Snapshot

Strategy Recommendation

Do not bid on current evidence alone. Obtain the legal pack, inspect the property, quantify refurbishment and obtain specific rental and valuation evidence before proceeding.

Works Required

Refurbishment is required, but the supplied evidence does not specify the scope, condition or required trades. Survey and legal-pack review are necessary before costing works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A new 125-year lease is stated, but refurbishment cost, rent and refinance value are unsupported. BRRR viability cannot be calculated reliably.

Buy-to-Let Analysis

No sufficiently specific rental evidence or auctioneer rent estimate is provided, so rent and yield cannot be established. The flat is vacant and requires refurbishment.

Flip Analysis

Pelham Road comparables provide a broad £425,000–£585,000 range, but are not sufficiently comparable to establish resale value. Flip profit cannot be calculated without GDV, works, selling costs and full acquisition costs.

Investor Risks & Due Diligence

• Refurbishment scope and cost are unspecified.

• No sufficiently specific rental evidence is available.

• Comparable sales lack size, bedroom, floor and condition details and include materially different prices.

• Buyer premium and possible disbursements are not supplied.

• Lease, service charge and other legal terms require confirmation from the legal pack.

Recommendation

Do not bid on current evidence alone. Obtain the legal pack, inspect the property, quantify refurbishment and obtain specific rental and valuation evidence before proceeding.

Strategy Rating

Analysis Confidence

There are several local sold comparables and a stated new lease, but property size, condition detail, rental evidence, refurbishment costs, full fees and legal-pack information are missing.