55a Southerton Road, London, W6 0PJ

Description

One bedroom flat; ground floor; fire damaged; in need of modernisation; new 125 year lease; peppercorn ground rent; vacant possession.

Accommodation

Ground floor - One Bedroom, Reception Room, Kitchen, Bathroom / WC

Location

Situated on the junction of Adie Road. Shopping facilities are available locally on King Street and Shepherds Bush Road, along with a good selection of cafes, bars and restaurants. Recreational facilities can be found at Ravenscourt Park and Brook Green, which are both nearby. Nearby road connections are via the M4 and A4. Transport: Underground Hammersmith.

Tenure / Property Information

Investment Analysis

Completed sales on Southerton Road range from £420,000 to £550,000 across four closer comparables. The £861,039 sale is materially higher and has no supplied size or specification detail, so it is not used as the primary scenario. A base GDV of £485,000 is estimated from the midpoint of the four closer sales, subject to the flat's fire damage, size and specification being materially different from the comparables.

Investment Snapshot

Strategy Recommendation

Conditional BRRR or resale candidate only after a full fire-damage survey, lease review and fixed refurbishment quotation. Do not rely on the apparent guide-to-GDV margin without confirming all auction and project costs.

Works Required

Obtain a full fire-damage and condition assessment, make the property safe, repair and reinstate fire-affected elements, and complete the required modernisation of the one-bedroom flat. The evidence does not provide a sufficiently detailed scope or cost allowance.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £280,000 guide, the indicative purchase-to-75% refinance gap against the £485,000 base GDV is £83,750 before refurbishment, finance, tax and transaction costs. The 75% GDV refinance figure is £363,750. A reliable cash-left-in or equity calculation is not possible because fire-damage works and applicable fees are unknown.

Buy-to-Let Analysis

Advertised asking rents provide a broad range of £1,750–£2,250 pcm; the £1,850 pcm Southerton Road listing supports a base annual rent of £22,200. On the £280,000 guide, this equates to approximately 7.93% gross at the base rent, with an evidence range of 7.50%–9.64%. These are asking rents, not achieved rents, and refurbishment, buyer fees, VAT and seller charges are not quantified.

Flip Analysis

The base GDV is estimated at £485,000 from the closer completed sales, but no supported refurbishment budget, buyer premium, VAT, seller charges, finance costs or selling allowance is supplied. Consequently, a reliable flip surplus and maximum bid cannot be calculated.

Investor Risks & Due Diligence

• Fire damage may require materially more extensive works than the description indicates.

• No refurbishment cost range or detailed condition report is supplied.

• The buyer premium is unspecified and VAT may apply; seller's additional charges are also unknown.

• Comparable sale sizes, layouts, specifications and condition are not supplied, limiting GDV confidence.

• Rental figures are advertised asking rents rather than achieved rents, and the evidence spans £1,750–£2,250 pcm.

• No service charge, council tax, heating, parking or other running-cost information is supplied.

• The property is leasehold despite the new 125-year lease and peppercorn ground rent; full lease and special conditions require review.

Recommendation

Conditional BRRR or resale candidate only after a full fire-damage survey, lease review and fixed refurbishment quotation. Do not rely on the apparent guide-to-GDV margin without confirming all auction and project costs.

Strategy Rating

Analysis Confidence

There are several relevant completed sales and rental advertisements, but the flat's floor area, fire-damage scope, refurbishment cost, buyer premium, VAT position, seller charges and other property costs are not supplied.