Flat E53 Du Cane Court, Balham High Road, Balham, London, SW17 7JL

Description

A Vacant Fifth Floor One Bedroom Flat. The property comprises a fifth floor one bedroom flat situated within a purpose built building arranged over ground and seven upper floors. The property benefits from lift access. The property requires a program of refurbishment and repairs.

Accommodation

Fifth Floor: Reception Room, Kitchen, Bedroom, Utility Room, Bathroom, Separate WC.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Wandsworth Common are within easy reach. Transport links are provided by Tooting Bec underground station (Northern line) and Wandsworth Common rail station.

Tenure / Property Information

Investment Analysis

Recent same-block completed sales were £235,000 in February 2025 and £262,000 in February 2026, but the evidence does not provide their lease lengths, sizes, condition or other comparability details. The subject has approximately nine years unexpired, so those sales cannot support a reliable GDV without lease-extension and legal evidence. No refurbishment budget or rental evidence is supplied.

Investment Snapshot

Strategy Recommendation

Do not bid on current evidence. Only reconsider after reviewing the legal pack, confirming the lease position and extension route, establishing all lease-related and building costs, obtaining a refurbishment quotation and securing reliable resale or rental evidence.

Works Required

Complete the refurbishment and repairs referred to in the description, subject to inspection and the legal pack. The evidence does not identify specific defects, specifications or costs, so no reliable works allowance can be calculated.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR cannot be modelled reliably. The approximately nine-year unexpired lease may materially restrict mortgageability and resale, while lease-extension costs, refurbishment costs, service charges, ground rent and other completion costs are not supplied. The known £1,800 administration charge is insufficient to calculate total project cost.

Buy-to-Let Analysis

BTL cannot be assessed quantitatively because no sufficiently specific rental comparable or auctioneer rent estimate is provided. The approximately nine-year lease is a major constraint requiring legal and lender review before considering letting or refinancing.

Flip Analysis

A flip appraisal cannot be supported from the evidence. Although same-block sales of £235,000 and £262,000 are recorded, their lease terms and comparability are unknown. Refurbishment, lease-extension, selling and other project costs are also unavailable.

Investor Risks & Due Diligence

• Approximately nine years remain on the lease, creating significant legal, mortgageability and resale uncertainty.

• Lease-extension terms and costs are not supplied.

• The required refurbishment and repairs are not specified and no cost evidence is provided.

• No sufficiently specific rental evidence is available, so rental yield cannot be established.

• Legal-pack disbursements may be payable but are not quantified.

• The comparable sales do not include lease length, size or condition details, limiting their valuation relevance.

Recommendation

Do not bid on current evidence. Only reconsider after reviewing the legal pack, confirming the lease position and extension route, establishing all lease-related and building costs, obtaining a refurbishment quotation and securing reliable resale or rental evidence.

Strategy Rating

Analysis Confidence

The property description, vacancy, tenure, approximate lease term, two recent same-block sales and known administration charge are supplied, but lease comparability, lease-extension cost, refurbishment cost, rent, service charges, ground rent, disbursements and selling costs are missing.