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Flat 2, 3 The Mansions, Earls Court Road, Kensington, London, SW5 9BW
Marketed by:
Auction House London
1a, 5 Hampstead Gate, London NW3 6AL, UK
020 7625 9007
Vacant 1-Bedroom Leasehold Flat in Kensington
Flat 2, 3 The Mansions, Earls Court Road, Kensington, London, SW5 9BW
For Sale
£240,000+
• 1 Bedrooms
• Flat
• Leasehold
• Vacant
Description
A Well Located Vacant Ground Floor One Bedroom Flat in Need of Refurbishment. The property comprises a ground floor one bedroom flat situated within an end of terrace building arranged over ground and four upper floors. The property requires a program of refurbishment.
Accommodation
Ground Floor: Reception Room; Kitchen; Bedroom; Bathroom
Location
The property is situated on a residential road close to local shops and amenities. Numerous green open spaces are within easy reach. Transport links are provided by Earl's Court underground station (District line) and West Brompton rail station.
Tenure / Property Information
Tenure |
Leasehold |
Lease |
The property will be held on a new 125 year lease. |
Occupancy |
Vacant |
Services |
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. |
Investment Analysis
Two recent sold comparables at the same address were £247,500 and £255,000. Using their midpoint gives an indicative base GDV of £251,250, with an evidence-supported range of £247,500–£255,000. Comparable condition and exact flat comparability are not supplied, so this is indicative only.
Investment Snapshot
Guide Price |
£240,000+ (plus fees) |
HB Estimated GDV |
£251,250 |
Strategy Recommendation
Proceed only after confirming refurbishment scope, lease/legal position and total costs. At the guide, the limited evidence-supported margin makes this unsuitable for an unverified flip or BRRR purchase.
Works Required
A refurbishment programme is required, but the evidence does not specify the scope or cost. Detailed inspection and legal-pack review are required before budgeting.
Rental & Market Context
|
No sufficiently specific external rental comparable identified. |
|
Sold Comparables
The following completed sales were identified within approximately 5 miles:
|
4, The Mansions, London, Kensington And Chelsea, Sw5 9bw |
£255,000 |
|
4, The Mansions, London, Kensington And Chelsea, Sw5 9bw |
£247,500 |
Potential BRRR Position
Base GDV |
£251,250 |
75% Refinance |
£188,438 |
A 75% refinance of the indicative base GDV is approximately £188,438. Total project cost cannot be calculated because refurbishment costs and any disbursements are unknown; therefore BRRR feasibility is unproven.
Buy-to-Let Analysis
No sufficiently specific rental evidence is supplied, so rent and yield cannot be established. Refurbishment costs are also unknown.
Flip Analysis
The guide is £240,000 plus the stated £1,800 administration fee, against an indicative base GDV of £251,250. The limited apparent spread is before refurbishment, legal, finance, selling and other costs, so a profitable flip is not demonstrated.
Investor Risks & Due Diligence
• Refurbishment scope and cost are not supplied.
• No sufficiently specific rental evidence is available.
• Comparable property condition and exact comparability are unconfirmed.
• Legal-pack disbursements may become payable.
• The limited spread over the guide may be absorbed by refurbishment and transaction costs.
Recommendation
Proceed only after confirming refurbishment scope, lease/legal position and total costs. At the guide, the limited evidence-supported margin makes this unsuitable for an unverified flip or BRRR purchase.
Strategy Rating
HB Rating |
★★☆☆☆ |
Analysis Confidence
Confidence |
Medium |
Recent same-address sold evidence supports an indicative GDV, but condition comparability, refurbishment costs, rent, lease details, disbursements and total project costs are unavailable.
Auction Details :
Auction House London
Auction Date :
11/11/26
Lot Number :
009
Property Location:
Flat 2, 3 The Mansions, Earls Court Road, Kensington, London, SW5 9BW
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