91 Harris Close, Hounslow, Middlesex, TW3 4JJ

Description

A Vacant Second Floor One Bedroom Flat. The property comprises a second floor one bedroom flat situated within a purpose built block arranged over ground and three upper floors.

Accommodation

Second Floor: Reception Room, Kitchen, Bedroom, Bathroom

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Lampton Park are within easy reach. Transport links are provided by Hounslow Central underground station (Piccadilly line) and Isleworth rail station.

Tenure / Property Information

Investment Analysis

The most relevant evidence is the £190,000 completed sale of 73 Harris Close in June 2025. Other same-road sales range from £165,000 to £215,000, although some are older and the £215,000 transaction appears duplicated. A base GDV of £190,000 is therefore used, with £165,000 low and £215,000 high scenarios.

Investment Snapshot

Strategy Recommendation

Potentially suitable for BTL or BRRR at the guide, subject to confirming the legal pack, buyer premium, lease costs, achieved rent, condition and lender valuation. Do not rely on the apparent margin without these checks.

Works Required

No specific defects or refurbishment requirements are evidenced. Allowance for works is therefore not included; inspection and review of the legal pack are required before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the base GDV of £190,000, 75% refinance is £142,500. Against the £141,800 purchase plus known admin cost, this implies approximately £700 cash potentially released before finance costs, tax, buyer premium, disbursements and any works. The outcome depends materially on achieved valuation, lender criteria and the unspecified buyer premium.

Buy-to-Let Analysis

Using the single advertised asking rent of £1,500 pcm, annual gross rent is £18,000. This indicates a gross yield of 12.86% on the £140,000 guide and 12.69% on the guide plus the known £1,800 admin charge. The rent is advertised asking rent rather than achieved rent, and service charge, ground rent, management, maintenance, finance, tax and other acquisition costs are not supplied.

Flip Analysis

Using the £190,000 base GDV, the indicative gross uplift over the £140,000 guide is £50,000, or £48,200 after the known £1,800 admin charge, before buyer premium, selling costs, finance, tax and any works. A reliable net flip surplus cannot be established because selling costs, buyer premium, refurbishment costs and other project costs are not supplied.

Investor Risks & Due Diligence

• Buyer premium is payable but the amount is unspecified.

• Legal-pack disbursements may become payable and are not quantified.

• The £1,500 pcm figure is an advertised asking rent, not achieved rent.

• The flat is vacant, so there is no evidence of existing rental income.

• Condition and any refurbishment requirement are not evidenced.

• Service charge, ground rent, council tax, parking and heating information are not supplied.

• Comparable completed prices range from £165,000 to £215,000 and include older transactions and a duplicated record.

• Base total cost excludes the unspecified buyer premium, disbursements and other unprovided acquisition costs.

Recommendation

Potentially suitable for BTL or BRRR at the guide, subject to confirming the legal pack, buyer premium, lease costs, achieved rent, condition and lender valuation. Do not rely on the apparent margin without these checks.

Strategy Rating

Analysis Confidence

There is a recent same-road completed sale, additional completed comparables, one rental asking figure and clear lease information. However, condition, service charge, ground rent, buyer premium, disbursements, selling costs and achieved rent are unavailable.