Flat B, 87 Burnthwaite Road, London, SW6 5BQ

Description

First floor studio flat; well located for the amenities of Fulham Broadway and Eel Brook Common; in need of modernisation.

Accommodation

First Floor - Studio Room, Kitchen, Bathroom/WC

Location

Situated in a popular residential area of Fulham, South West London, with local shops, cafés, restaurants and everyday amenities nearby. Conveniently located for Fulham Broadway and North End Road. Nearby green spaces include Eel Brook Common and South Park. Fulham Broadway Underground station provides District line services and local bus routes offer connections across London. Transport Underground - Parsons Green (District).

Tenure / Property Information

Investment Analysis

The only supplied completed comparable is 19A Burnthwaite Road at £500,000 in July 2023. It is recorded only as a leasehold flat/maisonette, with no size, bedroom count, condition or specification, so it is not sufficient to establish a reliable GDV for this first-floor studio. The £230,000 guide cannot be assessed against a supported market value because rental, floor-area, EPC, service-charge, condition-cost and fee evidence is incomplete.

Investment Snapshot

Strategy Recommendation

Do not proceed on the guide alone. Obtain the legal pack, inspect the flat and services, confirm the lease terms and all buyer/seller charges, and secure independent evidence for studio GDV, refurbishment cost and rent before bidding.

Works Required

Modernisation of the studio flat, kitchen and bathroom/WC should be assessed and priced after inspection. The heating system and all services require verification because services are disconnected and the heating system is not warranted or guaranteed. No specific works scope or cost is supplied.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR analysis cannot be established because there is no supported refurbishment budget, rent, GDV or known total acquisition cost. The new 990-year lease is a positive stated tenure feature, but refinancing value and lending suitability remain unquantified.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Gross yield, operating economics and an appropriate purchase price therefore cannot be calculated. The guide also excludes an unspecified buyer fee, and VAT or seller charges may apply.

Flip Analysis

A flip appraisal cannot be established. The £500,000 2023 sale on the same road lacks size, layout and condition detail and is not shown to be comparable with this studio. No works budget, resale allowance or reliable GDV is supplied.

Investor Risks & Due Diligence

• The buyer fee is unspecified and VAT may apply; seller's special conditions may impose additional charges.

• All services are disconnected and the heating system is not warranted or guaranteed.

• The property is in need of modernisation, but no defined scope or refurbishment cost is supplied.

• The only recent comparable lacks size, bedroom and condition details and may not be directly comparable.

• No sufficiently specific rental evidence or auctioneer rent estimate is available.

• A new 990-year lease is stated to be granted upon completion, so the legal terms and completion mechanics require confirmation.

Recommendation

Do not proceed on the guide alone. Obtain the legal pack, inspect the flat and services, confirm the lease terms and all buyer/seller charges, and secure independent evidence for studio GDV, refurbishment cost and rent before bidding.

Strategy Rating

Analysis Confidence

The evidence lacks usable studio comparables, rental evidence, floor area, EPC, council tax, condition scope, refurbishment costs and specified auction fees. The sole recent comparable is insufficiently detailed for a reliable valuation.