Flat 27C, 27 Mossbury Road, Battersea, London, SW11 2PA

Description

Vacant leasehold self-contained second floor studio flat. The property has a new 125 year lease, a reception room/bedroom, kitchen and bathroom, with GIA approximately 33.16 sq m (357 sq ft).

Accommodation

Reception Room/Bedroom, Kitchen, Bathroom. GIA approximately 33.16 sq m (357 sq ft).

Location

The property is situated on the north side of Mossbury Road. Clapham Junction rail station is approximately 0.1 miles west. The shops, restaurants and bars of Clapham are to the south west. A3 is to the south and Clapham Common is to the south east.

Tenure / Property Information

Investment Analysis

The subject is a vacant 357 sq ft leasehold studio with a new 125-year lease and peppercorn ground rent. The supplied sold comparables are on the same road but provide no floor areas, bedroom details, condition or lease terms, and their prices range from £325,000 to £720,000. They therefore do not support a reliable studio-specific GDV. The supplied rental evidence is for a three-bedroom property at £500 pcm and is not applicable to this studio.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Obtain studio-specific comparables, a viewing-based condition assessment, rent evidence and full lease/service-charge and auction-cost details before considering the property.

Works Required

No specific defects or refurbishment requirements are evidenced. Allow for inspection and any ordinary works identified after viewing, but no numeric works allowance is supportable from the supplied information.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR analysis cannot be quantified because a reliable GDV, rent, refurbishment budget and total acquisition cost cannot be established. The new 125-year lease and peppercorn ground rent are positive lease features, but finance and resale assumptions remain unsupported.

Buy-to-Let Analysis

A BTL assessment cannot be established because the only supplied rental evidence relates to a three-bedroom property rather than this studio. Service charge, council tax, EPC and other operating-cost information are also absent.

Flip Analysis

A flip surplus cannot be calculated. Although same-road sold evidence is available, the comparables lack sufficient property detail to establish a studio-specific GDV, and no works or selling-cost allowance is supplied.

Investor Risks & Due Diligence

• Same-road sold comparables vary materially in price and do not state floor area, bedroom count, condition or lease details.

• The supplied rental evidence is for a three-bedroom property and cannot support a studio rent or yield.

• Buyer premium, administration charges and other seller or third-party fees are not quantified.

• Condition, service charge, council tax, EPC and heating information are not supplied.

• A reliable maximum bid and resale surplus cannot be calculated without a supported GDV and total-cost assessment.

Recommendation

Do not bid on the current evidence alone. Obtain studio-specific comparables, a viewing-based condition assessment, rent evidence and full lease/service-charge and auction-cost details before considering the property.

Strategy Rating

Analysis Confidence

The property description and lease terms are clear, but the comparables are not sufficiently detailed for valuation and the rental evidence is for a different property type. Works, operating costs, EPC and buyer fees are also absent.