823 Fulham Road, London

Description

The property comprises a four storey building arranged as a ground floor shop trading as Edmundos, with residential flats at basement level and on the upper floors.

Accommodation

Ground floor shop trading as Edmundos; one basement flat; an upper flat

Location

Prominent location on the south side of Fulham Road in Fulham, West London. Approximately a 7-minute walk from Parsons Green Underground Station on the District Line. Nearby retailers include Sweaty Betty, Co-op Food, Joe & The Juice, Pizza Hut and a wide range of independent high-end shops and cafés.

Tenure / Property Information

Investment Analysis

The £675,000 guide is the only supplied price evidence. No completed sales, rental comparables, passing rents, auctioneer rent estimate, buyer costs, condition report or refurbishment budget were provided. A supported GDV, yield, maximum bid or project return therefore cannot be established. The asset is mixed-use, with a shop lease stated to expire in February 2029, a basement flat on an AST and an upper flat sold off on a long lease.

Investment Snapshot

Strategy Recommendation

Do not rely on the guide as value. Obtain the shop rent and lease, basement AST details, long-lease documentation, title information, condition evidence and professional mixed-use valuation before bidding.

Works Required

No physical defects or required works are evidenced. Undertake legal, tenancy, lease, title, condition, services, planning and environmental due diligence before considering works or a bid.

Rental & Market Context

Potential BRRR Position

A BRRR assessment is unsupported without verified income, refurbishment costs, valuation evidence, finance costs and complete lease details. The sold-off upper flat and the shop lease expiring in February 2029 may materially affect refinanceability and value.

Buy-to-Let Analysis

A BTL yield cannot be calculated because no passing rents or sufficiently specific rental evidence is supplied. The upper flat is sold off on a long lease, so it should not be assumed to provide accessible rental income. The basement AST and shop lease require review of rent, terms, arrears and obligations.

Flip Analysis

A flip surplus cannot be calculated because there is no supported GDV, refurbishment budget, transaction-cost schedule or selling allowance. The mixed-use configuration and existing occupational arrangements would require specialist resale and legal assessment.

Investor Risks & Due Diligence

• No verified passing rent or rental comparable is supplied.

• The upper flat has been sold off on a long lease and may not be available to the freeholder.

• The shop lease is stated to expire in February 2029; renewal, re-letting and vacancy risk are unquantified.

• No buyer premium, administration charge, other fees or refurbishment costs are supplied.

• The basement AST terms, rent, arrears and compliance position are not supplied.

• No condition, title, planning, services or environmental evidence is supplied.

Recommendation

Do not rely on the guide as value. Obtain the shop rent and lease, basement AST details, long-lease documentation, title information, condition evidence and professional mixed-use valuation before bidding.

Strategy Rating

Analysis Confidence

Only the guide price, broad accommodation, tenure, occupancy structure and location description are supplied; rents, comparables, condition, costs, leases and valuation evidence are incomplete.