5 Lakeview, London Road, Ascot, Berkshire, SL5 8DH

Description

Upon instruction of Countrywide. Leasehold top floor flat.

Accommodation

Two bedrooms, reception room, kitchen, bathroom/WC.

Location

The property is located on London Road (A329). Shopping amenities are available within Ascot to the east and Bracknell to the west, with a further range of shops, bars and restaurants in Central London to the north east. Public transport links are available at Ascot Train Station and Martins Heron Train Station to the south west, along with local bus services serving the surrounding areas. Road links include the A329 and A332 to the east. Recreational pursuits can be found locally.

Tenure / Property Information

Investment Analysis

Sold evidence at the same address ranges from £235,000 to £305,000, including £300,000 in March 2025 and £305,000 in November 2023. However, the comparables do not provide bedroom count, floor, size, condition or lease terms, so they support only an indicative range rather than a formal valuation. The guide is £190,000, but lease and property-cost information remains materially incomplete.

Investment Snapshot

Strategy Recommendation

Proceed only as a conditional value opportunity after confirming lease length, service charge, ground rent, review provisions, condition and all special-condition fees. Do not underwrite BTL, BRRR or a flip until those items and rental evidence are available.

Works Required

No specific repair or refurbishment works are evidenced. Obtain and review the lease, inspect the flat, and verify condition, heating, parking, service charge, ground rent and any required works before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £300,000 base GDV, 75% refinance would be £225,000. Total project cost cannot be calculated because refurbishment requirements, service charge, ground rent, lease details and potentially applicable seller fees are unknown. Cash-out or cash-left-in conclusions are therefore unsupported.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Service charge, ground rent and lease length are also unknown, preventing a reliable net-cost or yield assessment.

Flip Analysis

The guide is materially below the most recent same-address sold evidence, but resale value is uncertain because the comparable specifications and lease terms are not supplied. A flip surplus cannot be calculated without supported works, total costs and selling-cost allowances.

Investor Risks & Due Diligence

• Lease length, ground rent, review provisions and service charge are unknown.

• Additional seller fees may be payable under the Special Conditions of Sale.

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

• Condition and required works are not evidenced.

• Parking and heating arrangements are unknown.

• EPC rating is E.

• Sold comparables do not state bedroom count, size, floor, condition or lease terms, limiting GDV reliability.

Recommendation

Proceed only as a conditional value opportunity after confirming lease length, service charge, ground rent, review provisions, condition and all special-condition fees. Do not underwrite BTL, BRRR or a flip until those items and rental evidence are available.

Strategy Rating

Analysis Confidence

There is useful same-address sold evidence and a stated guide, but key underwriting inputs are missing, including lease terms, service charge, ground rent, condition, rental evidence, parking, heating and possible seller fees.