75, Slade House, 2, Edgar Road, HOUNSLOW, Middlesex, TW4 5QG

Description

Leasehold 13th Floor self-contained flat, Investment, Rent reserved - £10,800 pa Location: Slade House is situated at the junction of Edgar Road and Simpson Road, which is accessed from the west side of Hanworth Road (A314). Public Transport links include Hounslow Rail Station together with a network of local bus services. Shopping facilitie are available locally with further amenities being found at Hounslow Town Centre to the north. Recreational pursuits include Hounslow Heath Nature Reserve. Accommodation: Bedroom, reception room, kitchen, bathroom/WC EPC Rating: TBC Council Tax Band: B Tenancy: The property is let on an assured shorthold tenancy at a rent of £900 per calander month Rent reserved: £10,800 pa Lease: The property is held on a lease for a term of 125 years from the 18th October 1982.

Location

Slade House is situated at the junction of Edgar Road and Simpson Road, which is accessed from the west side of Hanworth Road (A314). Public Transport links include Hounslow Rail Station together with a network of local bus services. Shopping facilitie are available locally with further amenities being found at Hounslow Town Centre to the north. Recreational pursuits include Hounslow Heath Nature Reserve. Accommodation: Bedroom, reception room, kitchen, bathroom/WC

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

The auctioneer-published rent identified in the source is approximately £10,800 per annum.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

• Verify tenancy documents, rent history and deposit compliance

Recommendation

Preferred strategy: Long-Term Buy-to-Let. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆