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59 Telford Road, Bexley, London, SE9 3RE
Marketed by:
Auction House London
1a, 5 Hampstead Gate, London NW3 6AL, UK
020 7625 9007
Vacant Freehold Two-Bedroom Semi-Detached House
59 Telford Road, Bexley, London, SE9 3RE
For Sale
£465,000+
• 2 Bedrooms
• Semi-Detached House
• Freehold
• Vacant
• Off street parking
Description
A Vacant Seven Room Semi Detached House in Need of Modernisation. The property comprises a seven room semi detached house arranged over ground and first floors.
Accommodation
Ground Floor: Five Rooms, Bathroom, Separate WC. First Floor: Two Rooms.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Old Farm Park are within easy reach. Transport links are provided by New Eltham rail station.
Tenure / Property Information
Tenure |
Freehold |
Occupancy |
Vacant |
Parking |
Off street parking |
Services |
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. |
Investment Analysis
The five supplied same-road freehold semi-detached sales range from £577,000 to £705,000, including £650,000 in November 2024. A base GDV of £650,000 is used only as an evidence-based estimate. The subject requires modernisation and its exact floor area, bedroom configuration and condition are not evidenced, so the valuation range is indicative rather than formal.
Investment Snapshot
Guide Price |
£465,000+ (plus fees) |
HB Estimated GDV |
£650,000 |
Strategy Recommendation
Do not rely on BTL or BRRR assumptions. Consider only after a detailed survey, verified room/area configuration, legal-pack review and independently costed modernisation works.
Works Required
Modernisation of the seven-room accommodation, including the kitchen, bathroom, separate WC, decoration and finishes, subject to survey and legal-pack review. No specific defects or scope are evidenced.
Rental & Market Context
|
No sufficiently specific external rental comparable identified. |
|
Sold Comparables
The following completed sales were identified within approximately 5 miles:
|
55, Telford Road, London, Bexley, Se9 3re |
£650,000 |
|
19, Telford Road, London, Bexley, Se9 3re |
£705,000 |
|
27, Telford Road, London, Bexley, Se9 3re |
£577,000 |
|
45, Telford Road, London, Bexley, Se9 3re |
£625,000 |
|
19, Telford Road, London, Bexley, Se9 3re |
£625,000 |
Potential BRRR Position
Base GDV |
£650,000 |
75% Refinance |
£487,500 |
At the indicative £650,000 GDV, 75% refinance is approximately £487,500. BRRR viability cannot be assessed because refurbishment costs, rent, finance costs and total acquisition costs are unavailable.
Buy-to-Let Analysis
BTL viability cannot be established because no sufficiently specific rental evidence, rent estimate, refurbishment cost or full acquisition-cost data is supplied.
Flip Analysis
The supplied sales indicate a possible resale value range of £577,000–£705,000, with a £650,000 base estimate. Flip surplus cannot be calculated without refurbishment costs, legal/auction costs and selling allowances.
Investor Risks & Due Diligence
• Modernisation scope and cost are not evidenced.
• No sufficiently specific rental evidence is available.
• Exact floor area and bedroom configuration require verification.
• Buyer fees, special-condition disbursements and other acquisition costs are not quantified.
• Comparable sales may differ in size, layout and condition.
Recommendation
Do not rely on BTL or BRRR assumptions. Consider only after a detailed survey, verified room/area configuration, legal-pack review and independently costed modernisation works.
Strategy Rating
HB Rating |
★★★☆☆ |
Analysis Confidence
Confidence |
Low-Medium |
Same-road completed sales are available, but exact floor area, condition, rental evidence, refurbishment costs, EPC and several purchase costs are missing.
Auction Details :
Auction House London
Auction Date :
11/11/26
Lot Number :
046
Property Location:
59 Telford Road, Bexley, London, SE9 3RE
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