Lower Mortlake Road, Richmond, TW9 2LW - 11 views - a month ago
Listed for £800,000
April 6, 2024
To be sold by informal tender with best and final offers to be submitted no later than midday on Thursday 28th March. All offers should be submitted to liam.
Situated on Lower Mortlake Road close to Richmond station, this superb house presents a unique opportunity for the new owner. Offering 5 bedrooms, a bathroom, kitchen, dining room and reception room. The property also benefits from a fantastic rear garden with the potential to extend further. The property now requires modernisation but would create a fantastic family home.
The location provides great access to the town centre of Richmond where a plethora of fine restaurants and eateries can be found amongst a vast array of shops, outstanding transport links, the River Thames and Richmond Park whilst also being conveniently situated beside the Royal Botanic Gardens, Kew and the Old Deer Park area.
Population in Richmond | 64,761 |
Town centre distance | 0.95 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.23 miles away |
| |
Rental growth (12m) | -27% |
Sold prices | £395K - £7.5M |
Sold prices/m² | £6,319/m² - £21,833/m² |
| |
Square metres | ~178.28 m² |
Price/m² | £4,487/m² |
Value estimate | £800,000 |
| |
End value, after refurb | £1,639,546 |
Uplift in value | +105% |
50 sold prices
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£2.0M | 01/23 | 0.06 mi | 15, Larkfield Road, Richmond, Greater London TW9 2PG | £9,901 | 202 | 5 | Semi-Detached House | |
£1.4M | 10/20 | 0.07 mi | 28, Salisbury Road, Richmond, Greater London TW9 2JB | £8,286 | 175 | 5 | Terraced House | |
£1.2M | 08/23 | 0.07 mi | 32, Duncan Road, Richmond, Greater London TW9 2JD | - | - | 5 | Terraced House | |
£2.0M | 01/23 | 0.1 mi | 39, Larkfield Road, Richmond, Greater London TW9 2PG | - | - | 5 | Detached House | |
£1.6M | 01/23 | 0.11 mi | 14, Larkfield Road, Richmond, Greater London TW9 2PF | £8,163 | 196 | 5 | Semi-Detached House | |
£2.1M | 09/23 | 0.11 mi | 30, Larkfield Road, Richmond, Greater London TW9 2PF | - | - | 5 | Detached House | |
£2.0M | 07/20 | 0.11 mi | 16, Larkfield Road, Richmond, Greater London TW9 2PF | £10,639 | 187 | 5 | Semi-Detached House | |
£1.7M | 06/21 | 0.11 mi | 28, Larkfield Road, Richmond, Greater London TW9 2PF | £12,678 | 132 | 5 | Detached House | |
£1.9M | 04/20 | 0.12 mi | 13, St Johns Road, Richmond, Greater London TW9 2PE | £8,575 | 221 | 5 | Semi-Detached House | |
£1.7M | 10/21 | 0.12 mi | 3, Selwyn Avenue, Richmond, Greater London TW9 2HB | £7,804 | 217 | 5 | Terraced House | |
£1.7M | 03/23 | 0.12 mi | 37, Selwyn Avenue, Richmond, Greater London TW9 2HB | £9,913 | 172 | 5 | Terraced House | |
£1.7M | 03/23 | 0.12 mi | 5, Selwyn Avenue, Richmond, Greater London TW9 2HB | - | - | 5 | Terraced House | |
£1.6M | 09/21 | 0.13 mi | 30, Jocelyn Road, Richmond, Greater London TW9 2TH | £10,296 | 160 | 5 | Terraced House | |
£1.9M | 05/21 | 0.13 mi | 6, Jocelyn Road, Richmond, Greater London TW9 2TH | £8,565 | 223 | 5 | Terraced House | |
£1.4M | 03/21 | 0.15 mi | 88, Selwyn Avenue, Richmond, Greater London TW9 2HD | - | - | 5 | Terraced House | |
£1.5M | 06/21 | 0.16 mi | 76, Selwyn Avenue, Richmond, Greater London TW9 2HD | £11,166 | 132 | 5 | Terraced House | |
£1.9M | 08/21 | 0.17 mi | 20, Old Deer Park Gardens, Richmond, Greater London TW9 2TL | £9,375 | 200 | 5 | Semi-Detached House | |
£395K | 06/21 | 0.18 mi | Raised Ground Floor Flat, 2, Church Road, Richmond, Greater London TW9 2QA | - | - | 5 | Semi-Detached House | |
£1.6M | 03/21 | 0.18 mi | 45, Old Deer Park Gardens, Richmond, Greater London TW9 2TN | £9,000 | 180 | 5 | Semi-Detached House | |
£1.7M | 08/21 | 0.18 mi | 48, Sheen Park, Richmond, Greater London TW9 1UW | - | - | 5 | Terraced House | |
£2.4M | 09/23 | 0.22 mi | 7, Pagoda Avenue, Richmond, Greater London TW9 2HQ | £12,975 | 181 | 5 | Semi-Detached House | |
£1.5M | 09/23 | 0.23 mi | 17, Tower Rise, Richmond, Greater London TW9 2TS | £12,833 | 120 | 5 | Terraced House | |
£2.0M | 04/21 | 0.3 mi | 9, Townshend Road, Richmond, Greater London TW9 1XH | - | - | 5 | Semi-Detached House | |
£1.5M | 06/21 | 0.38 mi | 36, Grena Road, Richmond, Greater London TW9 1XS | £9,080 | 163 | 5 | Terraced House | |
£3.4M | 08/23 | 0.39 mi | 1, Lion Gate Gardens, Richmond, Greater London TW9 2DF | £13,889 | 241 | 5 | Detached House | |
£2.0M | 05/21 | 0.39 mi | 36, St Georges Road, Twickenham, Greater London TW1 1QR | £10,000 | 200 | 5 | Detached House | |
£3.5M | 04/23 | 0.4 mi | 2, Dynevor Road, Richmond, Greater London TW10 6PF | £14,463 | 242 | 5 | Detached House | |
£3.8M | 12/22 | 0.43 mi | 13, Mount Ararat Road, Richmond, Greater London TW10 6PQ | £14,245 | 265 | 5 | Semi-Detached House | |
£1.1M | 12/19 | 0.43 mi | 9, Fitzwilliam Avenue, Richmond, Greater London TW9 2DQ | £6,319 | 172 | 5 | Terraced House | |
£2.5M | 06/21 | 0.44 mi | 24, Mount Ararat Road, Richmond, Greater London TW10 6PG | £13,636 | 187 | 5 | Semi-Detached House | |
£2.7M | 03/21 | 0.44 mi | 56, The Vineyard, Richmond, Greater London TW10 6AT | £11,345 | 238 | 5 | Semi-Detached House | |
£3.0M | 09/22 | 0.44 mi | 22, Mount Ararat Road, Richmond, Greater London TW10 6PG | - | - | 5 | Semi-Detached House | |
£3.1M | 01/23 | 0.45 mi | 35, Mount Ararat Road, Richmond, Greater London TW10 6PQ | £11,742 | 264 | 5 | Semi-Detached House | |
£4.9M | 06/21 | 0.46 mi | 29, Grosvenor Road, Richmond, Greater London TW10 6PE | £17,645 | 276 | 5 | Detached House | |
£1.9M | 08/20 | 0.46 mi | 17, Grosvenor Road, Richmond, Greater London TW10 6PE | £11,875 | 160 | 5 | Terraced House | |
£4.0M | 08/22 | 0.47 mi | 85, The Vineyard, Richmond, Greater London TW10 6AT | - | - | 5 | Semi-Detached House | |
£2.4M | 04/23 | 0.48 mi | 34, Halford Road, Richmond, Greater London TW10 6AP | £11,823 | 203 | 5 | Terraced House | |
£2.5M | 09/23 | 0.51 mi | 2, Warrington Road, Richmond, Greater London TW10 6SJ | - | - | 5 | Terraced House | |
£3.8M | 03/22 | 0.52 mi | 26, The Vineyard, Richmond, Greater London TW10 6AZ | £11,905 | 319 | 5 | Detached House | |
£3.8M | 07/23 | 0.52 mi | 17, Denbigh Gardens, Richmond, Greater London TW10 6EN | - | - | 5 | Semi-Detached House | |
£4.9M | 12/20 | 0.52 mi | 21, Denbigh Gardens, Richmond, Greater London TW10 6EN | £12,795 | 381 | 5 | Detached House | |
£4.9M | 10/21 | 0.52 mi | 29, Denbigh Gardens, Richmond, Greater London TW10 6EL | £21,833 | 224 | 5 | Detached House | |
£2.1M | 10/21 | 0.53 mi | 75, Ennerdale Road, Kew, Richmond, Greater London TW9 2DN | £13,816 | 152 | 5 | Semi-Detached House | |
£4.9M | 10/21 | 0.53 mi | 29, Denbigh Gardens, Richmond, Greater London TW10 6EL | £21,833 | 224 | 5 | Detached House | |
£2.3M | 11/22 | 0.54 mi | 20, Onslow Avenue, Richmond, Greater London TW10 6QB | £12,123 | 190 | 5 | Terraced House | |
£2.6M | 05/21 | 0.56 mi | 131, Queens Road, Richmond, Greater London TW10 6HF | - | - | 5 | Detached House | |
£3.0M | 12/20 | 0.56 mi | 143, Queens Road, Richmond, Greater London TW10 6HF | £10,135 | 296 | 5 | Detached House | |
£2.0M | 01/22 | 0.56 mi | 149, Queens Road, Richmond, Greater London TW10 6HF | £10,476 | 191 | 5 | Detached House | |
£7.5M | 07/21 | 0.56 mi | 16, Marchmont Road, Richmond, Greater London TW10 6HQ | £12,235 | 613 | 5 | Detached House | |
£1.5M | 12/20 | 0.57 mi | 96, Ennerdale Road, Richmond, Greater London TW9 2DL | £8,242 | 182 | 5 | Semi-Detached House |
Cash In | |
Deposit (25%) | £200,000 |
Stamp duty & legals | £52,700 |
Refurb costs | £94,220 |
Total cash in | £346,920 |
| |
Cash Out | |
Monetisation | Rent OutFlip |
Rent range | £2,200 - £12,500 |
Rent estimate | £4,245 |
Revaluation | £1,639,546 |
New mortgage | £946,920 |
Cash left in | £8,000 |
Running costs/mo | £4,814 |
Cashflow/mo | £-569 |
Cashflow/yr | £-6,828 |
Gross yield | 6% |
42 rents
Rent | Date | Distance | Address | Beds | Type | |
£2,700 | 01/24 | 0.07 mi | Lower Mortlake Road, Richmond | 3 | Flat | |
£4,000 | 02/24 | 0.11 mi | Shaftesbury Road, Richmond, TW9 | 3 | Flat | |
£5,200 | 01/24 | 0.14 mi | Old Deer Park Gardens, Richmond, TW9 | 5 | Terraced House | |
£2,200 | 01/24 | 0.15 mi | West Sheen Vale, Richmond, TW9 | 3 | Flat | |
£2,200 | 02/24 | 0.15 mi | - | 3 | Flat | |
£8,950 | 02/24 | 0.16 mi | 5 bedroom house to rent in St Johns Road, Richmond TW9 | 5 | Detached House | |
£4,100 | 11/23 | 0.17 mi | Old Deer Park, Richmond, TW9 | 4 | Detached House | |
£7,500 | 01/24 | 0.2 mi | Sheen Park Richmond TW9 | 5 | Detached House | |
£3,850 | 02/24 | 0.2 mi | - | 4 | Semi-Detached House | |
£3,000 | 02/24 | 0.21 mi | Townshend Terrace, Richmond, TW9 | 3 | Flat | |
£4,250 | 02/24 | 0.26 mi | Topiary Square Richmond TW9 | 3 | Terraced House | |
£4,000 | 02/24 | 0.27 mi | Stanmore Road, Richmond, TW9 | 3 | Flat | |
£9,500 | 06/23 | 0.28 mi | Lichfield Gardens, Richmond | 6 | Detached House | |
£12,500 | 10/23 | 0.3 mi | Kings Road, Richmond Hill | 5 | Detached House | |
£10,000 | 11/23 | 0.3 mi | Kings Road, Richmond Hill | 5 | Detached House | |
£2,375 | 01/24 | 0.32 mi | Sheen Road, Richmond | 3 | Flat | |
£2,375 | 01/24 | 0.32 mi | Sheen Road, Richmond | 3 | Flat | |
£3,500 | 02/24 | 0.34 mi | Waterloo Place, Richmond | 3 | Flat | |
£3,000 | 01/24 | 0.38 mi | Little Green, Richmond TW9 | 3 | Flat | |
£4,500 | 02/24 | 0.42 mi | Raleigh Road, Richmond, TW9 | 4 | Terraced House | |
£5,750 | 02/24 | 0.44 mi | Richmond Green | 4 | Flat | |
£4,000 | 04/23 | 0.44 mi | Fitzwilliam Avenue, Kew, Richmond, Surrey, TW9 | 5 | Terraced House | |
£3,000 | 02/24 | 0.45 mi | Queens Road, Richmond | 3 | Flat | |
£3,250 | 02/24 | 0.45 mi | Kings Farm Avenue, Richmond, TW10 | 3 | Flat | |
£2,850 | 01/24 | 0.46 mi | Manor Grove Richmond TW9 | 3 | Terraced House | |
£4,500 | 12/23 | 0.48 mi | Halford Road, Richmond, TW10 | 4 | Flat | |
£4,500 | 02/24 | 0.49 mi | Halford Road, Richmond TW10 | 4 | Terraced House | |
£3,500 | 02/24 | 0.51 mi | Manor Grove, Richmond, TW9 | 4 | Flat | |
£4,250 | 02/24 | 0.52 mi | Dancer Road, North Sheen, TW9 | 4 | Terraced House | |
£4,500 | 02/24 | 0.53 mi | - | 3 | Flat | |
£4,500 | 02/24 | 0.53 mi | Church Road, Richmond, TW10 | 3 | Flat | |
£4,500 | 02/24 | 0.54 mi | Gainsborough Road, Richmond, TW9 | 4 | Terraced House | |
£2,300 | 02/24 | 0.54 mi | Courtlands, Sheen Road, Richmond, Surrey, TW10 | 3 | Flat | |
£2,750 | 02/24 | 0.55 mi | Gainsborough Road, Kew, TW9 | 3 | Terraced House | |
£2,500 | 02/24 | 0.56 mi | Courtlands, Richmond | 3 | Flat | |
£2,500 | 02/24 | 0.56 mi | Buckingham House, Courtlands, TW10 | 3 | Flat | |
£3,250 | 02/24 | 0.57 mi | Ormond Road Richmond | 3 | Flat | |
£2,300 | 02/24 | 0.57 mi | Chatterton Court, Eversfield Road, Kew, TW9 | 3 | Flat | |
£3,100 | 01/24 | 0.59 mi | - | 3 | Flat | |
£4,500 | 02/24 | 0.59 mi | Chilton Road, Kew, Richmond, Surrey, TW9 | 4 | Flat | |
£3,550 | 02/24 | 0.59 mi | Paxton Close, London, TW9 | 4 | Flat | |
£2,750 | 02/24 | 0.61 mi | Sandycombe Road, Richmond, TW9 | 3 | Terraced House |