Flat 4, 34A Arterberry Road, Wimbledon, London

Description

Vacant long leasehold self-contained first-floor flat with a reception room, bedroom, kitchen, bathroom and sole use of the roof terrace. GIA approximately 42.45 sq m (457 sq ft).

Accommodation

Reception Room, Bedroom, Kitchen, Bathroom; sole use of the roof terrace.

Location

The property is located on the east side of Arterberry Road. The shops, restaurants and bars of Wimbledon are to the east. Wimbledon rail and underground station (District line) is approximately 1.2 miles to the east. The A3 is to the west. Wimbledon and Putney Commons are to the north.

Tenure / Property Information

Investment Analysis

The supplied sold comparables are on the same road but do not identify the specific flat, bedroom count, floor, size or condition, and show a wide range of £410,000 to £1,040,000. They are therefore insufficient to support a reliable GDV for this 457 sq ft one-bedroom flat. No specific rental evidence, condition schedule, EPC, service charge, council tax or buyer/admin fees is supplied.

Investment Snapshot

Strategy Recommendation

Do not bid on investment metrics using the current evidence. Obtain a specific valuation, rental assessment, lease/service-charge information and survey before considering owner occupation, letting or resale.

Works Required

No specific defects or refurbishment requirements are evidenced. Allow only for inspection, compliance checks and any works confirmed by a survey or legal enquiries; no cost allowance can be supported 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 established without a supported GDV, rent, refurbishment budget, finance assumptions and known acquisition costs. The new 990-year lease at a peppercorn ground rent is favourable in principle, but does not establish value or refinance proceeds.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is provided. Operating costs, service charge and other ownership costs are also unknown.

Flip Analysis

A flip appraisal cannot be established. The same-road sold evidence is materially inconsistent and lacks sufficient detail to identify comparable one-bedroom flats of similar size and condition. Selling costs and refurbishment costs are also unsupported.

Investor Risks & Due Diligence

• Same-road sold comparables are not sufficiently specific to this flat and show a wide price range.

• No supported rental evidence is available, so yield and rental viability cannot be calculated.

• Condition and refurbishment requirements are unknown.

• Buyer premium, admin charge and other possible third-party charges are unspecified.

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

• Leasehold legal and management information beyond the new 990-year peppercorn lease is not supplied.

Recommendation

Do not bid on investment metrics using the current evidence. Obtain a specific valuation, rental assessment, lease/service-charge information and survey before considering owner occupation, letting or resale.

Strategy Rating

Analysis Confidence

The property description and tenure are clear, but there is no specific valuation evidence, rental evidence, condition information, EPC, service-charge data, council-tax data or buyer/admin fee schedule.