809 Hive House, Interchange Way, Brentford

Description

Hive House is a 13 storey contemporary block of apartments, forming part of the Verdo Development constructed in 2022.

Accommodation

Eighth floor - Reception Room/Kitchen, Bedroom, Bathroom/WC, Balcony. Approximate Gross Internal Area 538 sq ft (50 sq m).

Location

Located on Thomas Layton Way, accessed off Capital Interchange Way. Local amenities and shops are available along Chiswick High Road. Recreational amenities such as green spaces are nearby, including Gunnersbury Park. Kew Bridge Station is less than 0.5 miles distant. Transport links via Kew Bridge and Gunnersbury Station. Transport: Kew Bridge - South Western Railway; Gunnersbury Station - Mildmay, District.

Tenure / Property Information

Investment Analysis

Five supplied Land Registry sales at Hive House range from £600,000 to £615,000, but they do not provide matching bedroom count, floor area, unit comparability or other specification. They therefore cannot support a reliable GDV for this 538 sq ft one-bedroom apartment. The £275,000 guide appears materially below those sales, but the apparent discount is not validated and may reflect lease, tenancy, fees or other unknowns.

Investment Snapshot

Strategy Recommendation

Do not set a bid or pursue a refinance/flip strategy until the lease, tenancy, service-charge information, special conditions, fees and unit-specific valuation evidence are reviewed.

Works Required

No refurbishment works are evidenced. Allowance cannot be quantified; inspect the apartment, communal areas and supplied legal documents before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment is not supportable because GDV, rent, refurbishment cost, lease details and buyer charges are unavailable or insufficiently specific. The supplied sales are not adequate to establish a refinance value for this unit.

Buy-to-Let Analysis

The property is let on an Assured Periodic Tenancy, but no passing rent or sufficiently specific rental evidence is supplied. Rental yield and affordability cannot be established. Confirm the tenancy, rent, arrears, deposit, notices and management position.

Flip Analysis

A flip surplus cannot be calculated. Although same-development sales are supplied at £600,000–£615,000, their bedroom, size and specification are unknown, while works, acquisition costs and selling costs are also unavailable.

Investor Risks & Due Diligence

• Lease length and lease terms are not supplied.

• The property is tenanted on an Assured Periodic Tenancy, but rent and tenancy compliance details are absent.

• Buyer premium, VAT and potential seller charges are not quantified.

• No service charge, ground rent or other leasehold costs are supplied.

• The sold comparables lack bedroom, floor-area and specification details, limiting their valuation usefulness.

• No refurbishment or condition assessment is supplied.

• Parking, heating and council-tax information are not supplied.

Recommendation

Do not set a bid or pursue a refinance/flip strategy until the lease, tenancy, service-charge information, special conditions, fees and unit-specific valuation evidence are reviewed.

Strategy Rating

Analysis Confidence

The address, size, tenure, occupancy, guide and development-level sales are supplied, but there is no lease length, rent, service charge, buyer fee, condition detail or sufficiently specific comparable evidence.