Garage 8 Hilltop Court, 345 Grange Road, Selhurst, London, SE19 3BX

Description

A Vacant Single Storey Lock Up Garage

Accommodation

The property comprises a single storey lock up garage.

Location

The garage is situated on a residential road close to local shops and amenities. The open spaces of Grangewood Park are within easy reach. Transport links are provided by Thornton Heath rail station.

Tenure / Property Information

Investment Analysis

The only supplied sale comparable is a £120,000 2019 sale described as “Other” for Hilltop Court, not specifically a garage, so it is not a sufficiently reliable basis for valuing this property. No rental evidence or auctioneer rent estimate is provided. The £5,000+ guide and £1,800 inc VAT admin charge are the only supported transaction figures; legal-pack disbursements remain unknown.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack and independently confirming garage-specific market value, access, title rights and demand. Do not rely on the supplied non-specific comparable or assume residential rental use.

Works Required

No works are evidenced beyond the property being a vacant single-storey lock-up garage. Inspect the garage and legal pack before bidding; no refurbishment 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

A BRRR analysis cannot be supported without a reliable garage valuation, rental evidence, refurbishment costs and refinance terms. The known guide is £5,000+ and the stated admin charge is £1,800 inc VAT, before any unknown disbursements.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The asset is described as a vacant garage rather than residential accommodation, so residential rental assumptions should not be made.

Flip Analysis

A flip surplus cannot be calculated. The only comparable is an insufficiently specific 2019 “Other” sale at £120,000 and there is no supported GDV, works budget or selling-cost allowance.

Investor Risks & Due Diligence

• The supplied £120,000 comparable is not specifically identified as a garage and dates from 2019.

• No rental evidence is available, so income performance cannot be assessed.

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

• Condition, access, title rights and any restrictions are not evidenced in the supplied information.

• The property is a garage and residential use or residential rental demand must not be assumed.

Recommendation

Proceed only after reviewing the legal pack and independently confirming garage-specific market value, access, title rights and demand. Do not rely on the supplied non-specific comparable or assume residential rental use.

Strategy Rating

Analysis Confidence

The property description, tenure, vacancy, guide and admin charge are supplied, but there is no garage-specific valuation evidence, rental evidence, condition detail, works budget, legal-pack outcome or selling-cost allowance.