97 Brompton Park Crescent, London, SW6 1SP

Description

Vacant leasehold self-contained second floor flat with a reception room/kitchen, bedroom and bathroom. GIA approximately 47.94 sq m (516 sq ft).

Accommodation

Reception Room/Kitchen, Bedroom, Bathroom; GIA approximately 47.94 sq m (516 sq ft)

Location

Situated on the north side of Brompton Park Crescent. A variety of local shops and amenities are available within Fulham. West Brompton station is approximately 0.4 miles away, providing access to the District line, Mildmay line and Southern rail services. The A40 is easily accessible, providing a connection to the M1 and M25 motorways. Eel Brook Common and Brompton Park are both easily accessible.

Tenure / Property Information

Investment Analysis

Indicative GDV is based only on same-street HM Land Registry sales. The supplied comparables range from £342,500 to £480,000, excluding the higher £720,000 sale as an insufficiently explained outlier. Because comparable sizes, condition and specification are not provided, £390,000 is used as a cautious base scenario rather than a formal valuation.

Investment Snapshot

Strategy Recommendation

Potential BTL or BRRR purchase only at a suitably controlled price, subject to inspection, rent verification, lease/title review and confirmation of all service-charge and auction costs. Avoid relying on the headline yield or GDV without further evidence.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain a full inspection and verify the condition of the kitchen, bathroom, finishes, services and common parts before budgeting works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the base indicative GDV of £390,000, 75% refinancing would be approximately £292,500. The cash position cannot be calculated because refurbishment, buyer VAT, seller/third-party charges and other ownership costs are not supplied. The long lease and low stated ground rent are supportive, subject to title and lender checks.

Buy-to-Let Analysis

At the £325,000 guide, the advertised asking rent of £2,750 pcm implies a gross yield of approximately 10.15%. This is based on one advertised listing, not achieved or passing rent, and excludes service charge, council tax, management, maintenance, voids, finance and purchase costs. Rentability and the asking rent require verification.

Flip Analysis

A potential gross value uplift exists between the £325,000 guide and the £390,000 base GDV, but no reliable refurbishment allowance, buyer VAT calculation, selling costs or other project costs are supplied. A net flip surplus therefore cannot be established.

Investor Risks & Due Diligence

• The £2,750 pcm figure is an advertised asking rent rather than achieved or passing rent.

• Comparable sales lack size, condition and specification details, making the GDV scenarios indicative only.

• Refurbishment and maintenance costs cannot be assessed from the supplied evidence.

• Buyer premium is stated as 1% plus VAT, but the applicable VAT amount and other charges are not supplied.

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

• The property is leasehold and requires title, lease, lender and management-information checks despite the stated long lease.

Recommendation

Potential BTL or BRRR purchase only at a suitably controlled price, subject to inspection, rent verification, lease/title review and confirmation of all service-charge and auction costs. Avoid relying on the headline yield or GDV without further evidence.

Strategy Rating

Analysis Confidence

The address, tenure, lease length, guide price, one asking rent and several same-street completed sales are supplied, but comparable sizes and condition, property condition, service charge, EPC, council tax, buyer VAT, other fees and refurbishment costs are absent.