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Parking Space 31 Lollard Street, Lambeth, London SE11 6PX
Single Parking Space, Lambeth
Parking Space 31 Lollard Street, Lambeth, London SE11 6PX
For Sale
£10,000+
Marketed by:
Auction House London
1a, 5 Hampstead Gate, London NW3 6AL, UK
020 7625 9007
Auction Details :
Auction House London
Auction Date :
03/09/26
Lot Number :
160
Key Features
A Vacant Single Parking Space
Leasehold. The property will be held on a new 993 year lease from completion.
Description
The property comprises a vacant parking space within a gated development with remote access.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Lambeth Walk are within easy reach. Transport links are provided by Vauxhall underground station (Victoria line) and rail station.
Investment Analysis
Investment Snapshot
Guide Price | £10,000+ |
Tenure | Leasehold. The property will be held on a new 993 year lease from completion. |
Refurbishment / Development Budget | Requires site-specific appraisal |
Estimated Private Rent | Requires local comparable research |
Estimated GDV / Investment Value | Requires verified sold/investment comparables |
Suggested Strategy | Hold / Development Potential |
Property & Refurbishment
A conventional refurbishment allowance is not appropriate for this lot. Development, conversion, land, garage or commercial works should be costed from measured surveys, planning information and contractor/professional quotations.
Rental Analysis
No sufficiently reliable property-specific rental comparable was independently verified during this batch market check. I have therefore not invented a market rent. For a final bid decision, research like-for-like current/achieved lettings in the same street, postcode and immediate area.
GDV / Resale Analysis
No sufficiently specific sold comparables were independently verified for this property during this high-volume batch market check. I have therefore not manufactured a GDV figure. Before bidding, establish value from recent like-for-like completed sales or, for commercial/tenanted assets, appropriate investment-yield evidence. Any future HB estimate should be clearly distinguished from a RICS valuation.
Properties Sold Within Approx. 5 Miles
Address | Property Type | Sold Price | Sold Date |
No sufficiently specific sold comparables were independently verified during this market check. This is intentionally left evidence-led rather than populated with fabricated transactions.
Potential BRRR Position
A reliable BRRR refinance calculation cannot be produced until a comparable-supported completed value and, where relevant, achievable rent are established. Any refinance would also depend on lender valuation, LTV, rental stress tests, construction, tenure and borrower criteria.
Flip Analysis
A flip should only be pursued once a conservative resale value has been supported by recent completed-sale evidence. Deduct acquisition tax, the auction administration charge, legal fees, finance, holding costs, refurbishment/development costs, contingency and selling costs; headline guide-to-value uplift is not net profit.
Investor Risks & Due Diligence
Review the complete legal pack, title/lease and all auction disbursements before bidding.
Obtain an appropriate survey/site inspection and contractor or professional costings.
Verify any stated tenancy, lease, rent, possession or planning information independently.
Obtain recent like-for-like sold and rental evidence before fixing GDV or achievable rent.
Recommendation
Preferred strategy: Hold / Development Potential. The recommendation is based on the listing facts and current configuration. Because property-specific sold/rental comparables were not verified for every lot in this batch, the final bid ceiling should be set only after local market evidence and legal/condition due diligence are completed.
Strategy Rating
BRRR: ★★☆☆☆
Buy-to-Let: ★★★☆☆
Flip: ★★★☆☆
Development: ★☆☆☆☆
Property Location:
Parking Space 31 Lollard Street, Lambeth, London SE11 6PX
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