Flat 29 Metro Apartments, 101 Goldsworth Road, Woking, Surrey, GU21 6LF

Description

A Fourth Floor One Bedroom Flat. The property comprises a fourth floor one bedroom flat situated within a purpose built building arranged over ground and four upper floors. The block benefits from a lift.

Accommodation

Fourth Floor: Reception Room with Open Plan Kitchen; Bedroom; Bathroom.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Wheatsheaf Recreation Ground Park are within easy reach. Transport links are provided by Woking rail station.

Tenure / Property Information

Investment Analysis

Same-building completed sales range from £195,000 to £309,000 between February 2024 and April 2026. However, the evidence does not identify the comparable bedroom counts, sizes, floors, condition or parking arrangements, so it cannot support a reliable subject-specific GDV for this one-bedroom flat. The £120,000+ guide is materially below the reported sale range, but the reason cannot be established from the supplied evidence.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack and confirming the flat-specific value, service charge, ground rent, lease covenants, condition and rental evidence. Do not set a maximum bid from the supplied evidence alone.

Works Required

No specific defects or refurbishment requirements are evidenced. Allowance cannot be estimated. Confirm condition, lease terms, service charge, ground rent and any planned works through the legal pack and inspection.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be supported without a reliable subject-specific GDV, rent, refurbishment budget and full acquisition-cost information. The approximately 104-year lease is not short, but lease-related charges and covenants remain unverified.

Buy-to-Let Analysis

BTL analysis cannot be completed because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Service charge, ground rent and other holding costs are also unknown.

Flip Analysis

The reported same-building sales suggest potential valuation headroom over the guide, but the comparables are insufficiently detailed to establish a resale value for this one-bedroom flat. Works, selling costs and a flip surplus cannot be calculated.

Investor Risks & Due Diligence

• Same-building comparable sales vary substantially from £195,000 to £309,000 and lack bedroom, size, condition and floor details.

• No sufficiently specific rental evidence is available, preventing yield analysis.

• Service charge, ground rent and any planned major works are not supplied.

• The buyer must pay the stated £1,800 administration fee, with possible additional legal-pack disbursements.

• The lease has approximately 104 years unexpired; remaining lease terms and covenants should be verified.

• The buyer premium is not supplied, so total acquisition cost cannot be established.

Recommendation

Proceed only after reviewing the legal pack and confirming the flat-specific value, service charge, ground rent, lease covenants, condition and rental evidence. Do not set a maximum bid from the supplied evidence alone.

Strategy Rating

Analysis Confidence

There are several same-building completed sales and clear tenure/lease information, but bedroom-specific comparable details, rental evidence, condition, service charges, ground rent and full purchaser costs are missing.