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Flat 16 Westchester Court, Westchester Drive, Hendon, London, NW4 1RB
Marketed by:
Auction House London
1a, 5 Hampstead Gate, London NW3 6AL, UK
020 7625 9007
Vacant 2/3-bedroom leasehold flat in Hendon
Flat 16 Westchester Court, Westchester Drive, Hendon, London, NW4 1RB
For Sale
£275,000+
• 3 Bedrooms
• Flat
• Leasehold
• Vacant
• Garage and off street parking.
Description
A Vacant Fourth Floor Two/Three Bedroom Flat in Need of Modernisation. The property comprises a fourth floor two/three bedroom flat situated within a purpose built block arranged over ground and eight upper floors.
Accommodation
Fourth Floor: Reception Room, Kitchen, Two/Three Bedrooms, Two Bathrooms.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Sunny Hill Park are within easy reach. Transport links are provided by Finchley Central underground station (Northern line) and Hendon rail station.
Tenure / Property Information
Tenure |
Leasehold |
Lease |
The property is held on a 139 year lease from 23rd May 2017, with approximately 129 years unexpired. |
Occupancy |
Vacant |
Parking |
Garage and off street parking. |
Services |
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. |
Investment Analysis
Same-block completed sales range from £360,000 to £420,000, excluding the materially lower £155,000 transaction. Because bedroom count, size, condition and sale circumstances are not supplied, a cautious evidence-based scenario is £360,000 low, £400,000 base and £420,000 high GDV.
Investment Snapshot
Guide Price |
£275,000+ (plus fees) |
HB Estimated GDV |
£400,000 |
Strategy Recommendation
Proceed only after reviewing the legal pack, confirming lease costs and obtaining a refurbishment survey; do not bid solely from the headline GDV spread.
Works Required
Modernisation is required, but the evidence does not specify the works. Obtain a survey and legal-pack review before budgeting.
Rental & Market Context
|
No sufficiently specific external rental comparable identified. |
|
Sold Comparables
The following completed sales were identified within approximately 5 miles:
|
Westchester Court, Westchester Drive, London, Barnet, Nw4 1rb |
£360,000 |
|
Westchester Court, Westchester Drive, London, Barnet, Nw4 1rb |
£400,000 |
|
Westchester Court, Westchester Drive, London, Barnet, Nw4 1rb |
£420,000 |
|
Westchester Court, Westchester Drive, London, Barnet, Nw4 1rb |
£402,500 |
|
Westchester Court, Westchester Drive, London, Barnet, Nw4 1rb |
£155,000 |
Potential BRRR Position
Base GDV |
£400,000 |
75% Refinance |
£300,000 |
At the £400,000 base GDV, 75% refinancing is approximately £300,000. Acquisition, refurbishment and other completion costs cannot be calculated because refurbishment scope and several fees are unknown.
Buy-to-Let Analysis
No sufficiently specific rental evidence or auctioneer rent estimate is provided, so rent and yield cannot be established. Service charge, ground rent and other lease costs are also unknown.
Flip Analysis
The completed-sale evidence indicates a possible base GDV of £400,000, but refurbishment, acquisition and resale costs are unsupported. A reliable flip surplus cannot therefore be calculated.
Investor Risks & Due Diligence
• Modernisation scope and cost are unspecified.
• No sufficiently specific rental evidence is available.
• The comparable sale prices vary substantially and property specifications are not provided.
• Buyer premium and special-condition charges are not quantified.
• Service charge, ground rent, council tax and EPC details are unavailable.
• The accommodation is described inconsistently as two/three bedrooms.
Recommendation
Proceed only after reviewing the legal pack, confirming lease costs and obtaining a refurbishment survey; do not bid solely from the headline GDV spread.
Strategy Rating
HB Rating |
★★★☆☆ |
Analysis Confidence
Confidence |
Low-Medium |
There are several same-block completed sales, but bedroom, size, condition, rental, service-charge and full-fee evidence is incomplete.
Auction Details :
Auction House London
Auction Date :
11/11/26
Lot Number :
025A
Property Location:
Flat 16 Westchester Court, Westchester Drive, Hendon, London, NW4 1RB
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