Sandycombe Road, Richmond, TW9 2EQ - 2 views - 4 months ago
Listed for £1,150,000
January 15, 2024
A unique opportunity to acquire a development project within walking distance of Kew Gardens Station, local cafes, boutiques, shops with Kew Gardens underground and overground station within one mile. Good road links are easily accessible including the M4 motorway that connects to Central London and Heathrow London Airport.
The property is arranged as a lock up shop with residential flats occupying a corner double property. The property at 210 has its own entrance and comprises two bedroom accommodation over three floors with a workshop at basement level. The flat has its own private roof terrace with great views of Kew. 212 comprises of a vacant shop unit. 210b is a large self-contained studio flat with its own entrance. 212a is a three bedroom flat with its own entrance and has a studio annexe. The property is generally presented in good order although it would benefit from some updating and modernisation throughout. The rest of the dwelling is vacant.
EPC = D
Population in Richmond | 64,761 |
Town centre distance | 1.26 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.36 miles away |
| |
Rental growth (12m) | -27% |
Sold prices | £725K - £8.3M |
Sold prices/m² | £3,643/m² - £23,396/m² |
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Square metres | ~217 m² |
Price/m² | £5,300/m² |
Value estimate | £1,161,500 |
| |
End value, after refurb | £1,921,184 |
Uplift in value | +67% |
43 sold prices
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£5.2M | 02/22 | 0.22 mi | 11, Lion Gate Gardens, Richmond, Greater London TW9 2DW | £23,396 | 222 | 7 | Detached House | |
£3.1M | 08/23 | 0.22 mi | 67, The Avenue, Richmond, Greater London TW9 2AH | - | - | 7 | Detached House | |
£2.9M | 12/22 | 0.69 mi | 194, Sheen Road, Richmond, Greater London TW10 5AL | £7,578 | 386 | 7 | Terraced House | |
£4.3M | 01/22 | 0.77 mi | 14, Sheen Common Drive, Richmond, Greater London TW10 5BN | - | - | 7 | Detached House | |
£3.6M | 11/20 | 0.92 mi | 30, Sheen Road, Richmond, Greater London TW9 1AW | £18,367 | 196 | 7 | Semi-Detached House | |
£5.9M | 05/21 | 1.12 mi | 3, Pembroke Villas, Richmond, Greater London TW9 1QF | - | - | 7 | Semi-Detached House | |
£2.9M | 10/20 | 1.13 mi | 1, York Avenue, London, Greater London SW14 7LQ | £9,497 | 308 | 7 | Terraced House | |
£6.3M | 06/23 | 1.23 mi | 13, Montague Road, Richmond, Greater London TW10 6QW | £21,950 | 288 | 7 | Semi-Detached House | |
£5.4M | 04/21 | 1.29 mi | 6, Vicarage Road, London, Greater London SW14 8RU | £12,385 | 436 | 7 | Terraced House | |
£5.0M | 12/22 | 1.39 mi | 3, Milnthorpe Road, London, Greater London W4 3DX | £10,000 | 500 | 7 | Detached House | |
£3.1M | 09/20 | 1.65 mi | 26, Roedean Crescent, London, Greater London SW15 5JU | £8,471 | 363 | 7 | Detached House | |
£5.5M | 09/22 | 1.67 mi | 1b, Roedean Crescent, London, Greater London SW15 5JX | - | - | 7 | Detached House | |
£4.9M | 04/20 | 1.68 mi | 28, Ailsa Road, Twickenham, Greater London TW1 1QW | £9,074 | 540 | 7 | Detached House | |
£3.2M | 09/23 | 1.72 mi | 40, Roehampton Gate, London, Greater London SW15 5JS | - | - | 7 | Detached House | |
£2.7M | 11/22 | 1.76 mi | 19, Vine Road, London, Greater London SW13 0NE | £7,024 | 378 | 7 | Detached House | |
£5.0M | 08/21 | 1.84 mi | 110, Station Road, London, Greater London SW13 0NB | £13,130 | 377 | 7 | Semi-Detached House | |
£6.4M | 11/20 | 1.92 mi | Red Lion House, Chiswick Mall, London, Greater London W4 2PJ | - | - | 7 | Terraced House | |
£2.9M | 01/23 | 1.99 mi | 419, Upper Richmond Road, London, Greater London SW15 5QX | £11,610 | 245 | 7 | Semi-Detached House | |
£2.2M | 09/23 | 2.06 mi | 35, Madrid Road, London, Greater London SW13 9PF | £13,765 | 162 | 7 | Semi-Detached House | |
£8.3M | 08/21 | 2.21 mi | 1, Bedford Road, London, Greater London W4 1HU | £18,407 | 448 | 7 | Detached House | |
£3.8M | 08/22 | 2.21 mi | 1, Washington Road, London, Greater London SW13 9BG | £8,242 | 455 | 7 | Semi-Detached House | |
£2.4M | 03/21 | 2.28 mi | 25, Cole Park Road, Twickenham, Greater London TW1 1HP | £7,655 | 307 | 7 | Detached House | |
£4.8M | 07/22 | 2.34 mi | 12, Woodborough Road, London, Greater London SW15 6PZ | £14,123 | 336 | 7 | Detached House | |
£4.0M | 06/21 | 2.39 mi | 138, Castelnau, London, Greater London SW13 9ET | £10,025 | 404 | 7 | Semi-Detached House | |
£6.0M | 09/23 | 2.43 mi | 16, Bramcote Road, London, Greater London SW15 6UG | £16,555 | 359 | 7 | Detached House | |
£4.5M | 12/19 | 2.46 mi | 70, Howards Lane, London, Greater London SW15 6QD | £8,318 | 535 | 7 | Detached House | |
£5.0M | 06/22 | 2.48 mi | 4, Burges Grove, London, Greater London SW13 8BG | £11,324 | 438 | 7 | Detached House | |
£3.8M | 08/21 | 2.5 mi | 22, Malbrook Road, London, Greater London SW15 6UF | - | - | 7 | Detached House | |
£3.9M | 06/21 | 2.5 mi | 10, Longwood Drive, London, Greater London SW15 5DL | £9,277 | 415 | 7 | Terraced House | |
£3.8M | 03/21 | 2.51 mi | 11, Malbrook Road, London, Greater London SW15 6UH | £11,403 | 335 | 7 | Detached House | |
£852K | 07/23 | 2.59 mi | 8, Chatsworth Gardens, London, Greater London W3 9LN | - | - | 7 | Terraced House | |
£3.2M | 12/19 | 2.62 mi | 8, Ravenscourt Square, London, Greater London W6 0TW | £10,850 | 294 | 7 | Terraced House | |
£725K | 09/20 | 2.72 mi | 228, Whitton Dene, Isleworth, Greater London TW7 7LU | £3,643 | 199 | 7 | Semi-Detached House | |
£1.7M | 11/20 | 2.73 mi | 8, Wolverton Gardens, London, Greater London W5 3LJ | £7,473 | 223 | 7 | Semi-Detached House | |
£3.7M | 12/22 | 2.79 mi | 12, Hazlewell Road, London, Greater London SW15 6LH | - | - | 7 | Detached House | |
£2.6M | 06/21 | 2.86 mi | Woodlands, Kingston Vale, London, Greater London SW15 3RN | £6,552 | 393 | 7 | Detached House | |
£2.8M | 10/21 | 2.9 mi | 30, Mattock Lane, London, Greater London W5 5BH | £7,813 | 352 | 7 | Detached House | |
£2.7M | 09/20 | 2.91 mi | 25, Westleigh Avenue, London, Greater London SW15 6RQ | £8,292 | 325 | 7 | Terraced House | |
£2.7M | 06/21 | 2.91 mi | 16, Hamilton Road, London, Greater London W5 2EH | - | - | 7 | Detached House | |
£3.8M | 12/21 | 2.92 mi | 8, Hamilton Road, London, Greater London W5 2EQ | - | - | 7 | Detached House | |
£5.2M | 01/21 | 2.95 mi | 1, Bristol Gardens, London, Greater London SW15 3TG | £10,088 | 513 | 7 | Detached House | |
£1.6M | 07/23 | 2.95 mi | 38, Goldsmith Avenue, London, Greater London W3 6HN | - | - | 7 | Semi-Detached House | |
£6.7M | 08/22 | 2.97 mi | 8, Stevenage Road, London, Greater London SW6 6ER | £13,014 | 511 | 7 | Semi-Detached House |
Cash In | |
Deposit (25%) | £287,500 |
Stamp duty & legals | £91,950 |
Refurb costs | £114,681 |
Total cash in | £494,131 |
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Cash Out | |
Monetisation | Rent OutFlip |
Rent range | £2,200 - £9,000 |
Rent estimate | £3,860 |
Revaluation | £1,921,184 |
New mortgage | £1,356,631 |
Cash left in | £11,063 |
Running costs/mo | £6,445 |
Cashflow/mo | £-2,585 |
Cashflow/yr | £-31,020 |
Gross yield | 4% |
50 rents
Rent | Date | Distance | Address | Beds | Type | |
£2,750 | 02/24 | 0.03 mi | Sandycombe Road, Richmond, TW9 | 3 | Terraced House | |
£4,500 | 01/24 | 0.1 mi | Alexandra Road, Richmond, TW9 | 3 | Terraced House | |
£4,500 | 02/24 | 0.11 mi | Gainsborough Road, Richmond, TW9 | 4 | Terraced House | |
£2,750 | 02/24 | 0.12 mi | Gainsborough Road, Kew, TW9 | 3 | Terraced House | |
£6,000 | 02/24 | 0.13 mi | Atwood Avenue, Richmond TW9 | 4 | Detached House | |
£4,500 | 02/24 | 0.2 mi | Chilton Road, Kew, Richmond, Surrey, TW9 | 4 | Flat | |
£2,300 | 02/24 | 0.2 mi | Chatterton Court, Eversfield Road, Kew, TW9 | 3 | Flat | |
£4,000 | 04/23 | 0.23 mi | Fitzwilliam Avenue, Kew, Richmond, Surrey, TW9 | 5 | Terraced House | |
£4,250 | 02/24 | 0.24 mi | Dancer Road, North Sheen, TW9 | 4 | Terraced House | |
£3,550 | 02/24 | 0.24 mi | Paxton Close, London, TW9 | 4 | Flat | |
£5,500 | 01/24 | 0.25 mi | Chelwood Gardens, Kew Gardens, Richmond, Surrey, TW9 | 4 | Detached House | |
£4,500 | 02/24 | 0.26 mi | Raleigh Road, Richmond, TW9 | 4 | Terraced House | |
£2,900 | 02/24 | 0.26 mi | - | 3 | Flat | |
£2,900 | 02/24 | 0.26 mi | - | 3 | Flat | |
£2,900 | 02/24 | 0.26 mi | Clarence Road, Richmond, TW9 | 3 | Flat | |
£5,500 | 11/23 | 0.27 mi | Chelwood Gardens, Kew, TW9 | 5 | Detached House | |
£5,500 | 10/23 | 0.28 mi | Chelwood Gardens, Kew | 4 | Detached House | |
£3,300 | 02/24 | 0.29 mi | Blake Mews, Richmond, TW9 | 3 | Flat | |
£2,600 | 10/23 | 0.29 mi | Blake Mews, Kew, TW9 | 3 | Flat | |
£3,800 | 01/24 | 0.29 mi | Lonsdale Mews, Kew | 3 | Terraced House | |
£3,800 | 01/24 | 0.29 mi | Lonsdale Mews, Sandycombe Road, Richmond, TW9 | 3 | Flat | |
£3,800 | 01/24 | 0.3 mi | Sandycombe Road Richmond TW9 | 3 | Flat | |
£3,800 | 01/24 | 0.3 mi | Lonsdale Mews, Sandycombe Road, TW9 | 3 | Flat | |
£3,800 | 01/24 | 0.3 mi | Lonsdale Mews, Sandycombe Road, Richmond, TW9 | 3 | Terraced House | |
£2,600 | 10/23 | 0.32 mi | Blake Mews, High Park Road, Kew, Richmond, TW9 | 3 | Flat | |
£5,000 | 12/23 | 0.35 mi | West Park Road, Kew, Surrey, TW9 | 5 | Terraced House | |
£4,000 | 02/24 | 0.36 mi | Stanmore Road, Richmond, TW9 | 3 | Flat | |
£4,250 | 02/24 | 0.37 mi | Topiary Square Richmond TW9 | 3 | Terraced House | |
£3,250 | 02/24 | 0.37 mi | Lower Richmond Road, Richmond, TW9 | 3 | Flat | |
£3,250 | 02/24 | 0.37 mi | Lower Richmond Road, Richmond, TW9 | 3 | Flat | |
£3,250 | 02/24 | 0.37 mi | Lower Richmond Road, Richmond | 3 | Terraced House | |
£4,000 | 02/24 | 0.37 mi | - | 3 | Semi-Detached House | |
£4,000 | 02/24 | 0.37 mi | - | 3 | Semi-Detached House | |
£4,000 | 02/24 | 0.37 mi | - | 3 | Semi-Detached House | |
£2,850 | 01/24 | 0.43 mi | Manor Grove Richmond TW9 | 3 | Terraced House | |
£3,500 | 02/24 | 0.43 mi | Manor Grove, Richmond, TW9 | 4 | Flat | |
£3,000 | 02/24 | 0.44 mi | Beechwood Avenue, Richmond, TW9 | 4 | Flat | |
£2,750 | 02/24 | 0.46 mi | Courtlands Avenue, Kew, Richmond, Surrey, TW9 | 3 | Flat | |
£3,250 | 02/24 | 0.47 mi | - | 3 | Detached House | |
£2,950 | 02/24 | 0.47 mi | - | 3 | Detached House | |
£3,250 | 11/23 | 0.47 mi | Brotherstone Walk, Richmond, TW9 | 3 | Detached House | |
£2,950 | 02/24 | 0.47 mi | Brotherstone Walk, Richmond, TW9 | 3 | Detached House | |
£3,450 | 02/24 | 0.47 mi | - | 3 | Flat | |
£5,200 | 01/24 | 0.52 mi | Old Deer Park Gardens, Richmond, TW9 | 5 | Terraced House | |
£6,000 | 12/23 | 0.53 mi | Melliss Avenue, Richmond, TW9 | 5 | Flat | |
£3,750 | 07/22 | 0.53 mi | Juniper House, 29 Melliss Avenue, Richmond, TW9 | 3 | Flat | |
£3,500 | 01/24 | 0.54 mi | Melliss Avenue, Richmond, TW9 | 3 | Flat | |
£4,100 | 11/23 | 0.55 mi | Old Deer Park, Richmond, TW9 | 4 | Detached House | |
£9,000 | 02/24 | 0.57 mi | Leyborne Park, Richmond, TW9 | 4 | Detached House | |
£2,200 | 02/24 | 0.57 mi | - | 3 | Flat |