59 Upham Park Road, London, W4 1PQ

Description

A vacant freehold end-of-terrace house, with side access and a rear garden. Currently arranged as five self-contained flats (two one-bedroom and three studios), extending to approx. 1,415 sq ft, with a rear garden, lock-up and sheds. This property may be suited to owner-occupiers looking to return it to one dwelling (subject to the requisite consents), or to investors.

Accommodation

Currently arranged as five self-contained flats: two one-bedroom flats and three studio flats. Approx. 1,415 sq ft, with a rear garden, lock-up and sheds. Planning permission has been granted for a side extension to rearrange the existing five flats to comprise three one-bedroom flats and two studio flats.

Location

Situated in the popular residential area of Chiswick, West London, close to Chiswick High Road, shops, cafés, restaurants and supermarkets. Chiswick Back Common and Acton Green Common are nearby. Turnham Green Underground station is approximately 0.1 miles away, providing District and Piccadilly line connections.

Tenure / Property Information

Investment Analysis

The £800,000 guide is materially below the supplied nearby Upham Park Road completed sales of £1,500,000–£1,625,000, although those comparables do not provide bedroom count, floor area, configuration or condition. The subject is currently arranged as five flats, so the comparison is indicative rather than a formal valuation. A scenario range of £1,500,000–£1,625,000 is supported by the supplied sales, with £1,525,000 used as the base GDV. The planning permission for a side extension and revised five-flat layout may add flexibility, but no development value or cost evidence is supplied.

Investment Snapshot

Strategy Recommendation

Proceed only after verifying planning and other consents, the legal status and compliance of all five flats, condition, and detailed refurbishment costs. The guide appears attractive against the supplied local sales, but the evidence is insufficient to set a safe maximum bid or confirm BTL, BRRR or flip profitability.

Works Required

No condition-based works can be costed from the evidence. Potential works are either returning the property to one dwelling, subject to the requisite consents, or implementing the granted side-extension permission to rearrange the five flats into three one-bedroom flats and two studios. Any associated fit-out, compliance and external works require inspection and quotations.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £800,000 guide, the indicative 75% refinance of the £1,525,000 base GDV would be £1,143,750. However, total acquisition, refurbishment, compliance, finance and transaction costs are unavailable, so cash left in and viability cannot be calculated. Refinance assumptions would also depend on lender acceptance of the five-flat configuration and relevant consents.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparables or auctioneer rent estimate are supplied. The five-flat arrangement and vacant status are confirmed, but passing rent, achievable rent, operating costs and compliance costs are unknown.

Flip Analysis

A potential resale margin is suggested by the gap between the £800,000 guide and nearby completed sales of £1,500,000–£1,625,000. A reliable flip surplus cannot be calculated because refurbishment, compliance, acquisition, finance and selling costs are not supplied, and the comparables are not sufficiently detailed to confirm direct comparability.

Investor Risks & Due Diligence

• The current five-flat arrangement may require verification of planning, building regulations and other consents.

• The property is vacant and no passing or achievable rent is evidenced.

• Condition and refurbishment requirements are unknown, so total project cost cannot be calculated.

• Buyer premium, administration charges and other auction costs are not supplied.

• The comparable sales lack sufficient detail on size, accommodation, condition and configuration.

• Any conversion back to one dwelling is stated to be subject to the requisite consents.

• The planning permission relates to a side extension and revised flat layout, but implementation costs and conditions are unknown.

Recommendation

Proceed only after verifying planning and other consents, the legal status and compliance of all five flats, condition, and detailed refurbishment costs. The guide appears attractive against the supplied local sales, but the evidence is insufficient to set a safe maximum bid or confirm BTL, BRRR or flip profitability.

Strategy Rating

Analysis Confidence

Completed sales and the guide are supplied, but there is no condition report, rent evidence, EPC, council tax, fee schedule, buyer premium, refurbishment budget or detailed comparable information.