3 Bed Flat, Refurb/BRRR, London, SW10 0EW, £825,000

Blantyre Walk, SW10 0EW - 2 views - 10 months ago

Leasehold

Refurb/BRRR

~93 m²

+11 photos

ValuationUndervalued

Sold Prices	£410K - £2.9M
Sold Prices/m²	£5.4K/m² - £18.5K/m²

Square Metres	~93 m²
Price/m²	£8.9K/m²
Value Estimate	£849,750£849,750
BMV	3%

End Value (After Refurb)	£1,340,949£1,340,949
Uplift in Value	+63%+63%
You could potentially get back more cash than you put into this deal. All your cash out plus £53,392 extra. See the breakdown

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£206,250£206,250
Stamp Duty & Legal Fees	£54,700£54,700
Refurb Costs	£49,214£49,214
Bridging Loan Interest	£21,656£21,656
Total Cash In	£333,570£333,570

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£1,340,949£1,340,949
Agent Fees (1%)	£13,409£13,409
Bridging Loan	£618,750£618,750
Bridging Loan Interest	£21,656£21,656
Flip Profit	£375,219£375,219

Local Sold Prices

50 sold prices from £410K to £2.9M, average is £1.1M. £5.4K/m² to £18.5K/m², average is £11.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.3M	05/21	0.14 mi	Flat 4, Cornwall Mansions, Cremorne Road, London, Greater London SW10 0PE	£12,019	104	3	Flat
£700K	12/23	0.14 mi	Flat 16, Cornwall Mansions, Cremorne Road, London, Greater London SW10 0PE	-	-	3	Flat
£865K	09/21	0.15 mi	Flat 37d, Cremorne Mansions, Cremorne Road, London, Greater London SW10 0ND	-	-	3	Flat
£1.1M	11/20	0.18 mi	Flat 41, Ashburnham Mansions, Ashburnham Road, London, Greater London SW10 0PB	£10,650	100	3	Flat
£1.2M	06/21	0.21 mi	Flat 36, Beaufort Mansions, Beaufort Street, London, Greater London SW3 5AG	-	-	3	Flat
£1.0M	04/21	0.21 mi	Flat 122, Beaufort Mansions, Beaufort Street, London, Greater London SW3 5AE	-	-	3	Flat
£1.6M	09/23	0.21 mi	Flat 126, Beaufort Mansions, Beaufort Street, London, Greater London SW3 5AE	-	-	3	Flat
£970K	01/24	0.21 mi	Flat 124, Beaufort Mansions, Beaufort Street, London, Greater London SW3 5AE	-	-	3	Flat
£1.5M	04/23	0.21 mi	Flat 69, Beaufort Mansions, Beaufort Street, London, Greater London SW3 5AF	-	-	3	Flat
£1.1M	03/23	0.21 mi	6d, Thorney Crescent, London, Greater London SW11 3TR	£8,846	130	3	Flat
£983K	11/20	0.3 mi	Flat 3, Editha Mansions, Edith Grove, London, Greater London SW10 0NN	-	-	3	Flat
£1.5M	09/21	0.3 mi	Flat 3, Fernshaw Mansions, Fernshaw Road, London, Greater London SW10 0TD	-	-	3	Flat
£1.0M	02/21	0.32 mi	Flat 17, Hudson House, Hortensia Road, London, Greater London SW10 0QR	-	-	3	Flat
£950K	10/23	0.32 mi	Flat 9, Hudson House, Hortensia Road, London, Greater London SW10 0QR	-	-	3	Flat
£1.5M	02/23	0.33 mi	48, The Quadrangle, London, Greater London SW10 0UG	£8,523	176	3	Flat
£1.3M	11/20	0.33 mi	16, The Quadrangle, London, Greater London SW10 0UG	£8,718	153	3	Flat
£535K	02/23	0.36 mi	Flat 18, Chelwood Court, Westbridge Road, London, Greater London SW11 3NH	-	-	3	Flat
£1.7M	04/23	0.37 mi	42, Thames Quay, London, Greater London SW10 0UY	£11,910	141	3	Flat
£1.9M	10/20	0.37 mi	9, Thames Quay, London, Greater London SW10 0UY	£12,558	151	3	Flat
£995K	07/23	0.38 mi	Flat 43, Valiant House, Vicarage Crescent, London, Greater London SW11 3LU	-	-	3	Flat
£1.6M	01/21	0.41 mi	Flat 4, Clifton House, Hollywood Road, London, Greater London SW10 9XA	-	-	3	Flat
£1.8M	06/23	0.44 mi	Flat 5, Fawcett Court, Fawcett Street, London, Greater London SW10 9HW	-	-	3	Flat
£410K	12/20	0.47 mi	53, Searles Close, London, Greater London SW11 4RH	£5,395	76	3	Flat
£620K	05/23	0.48 mi	49, Searles Close, London, Greater London SW11 4RH	£7,126	87	3	Flat
£2.3M	03/23	0.52 mi	Flat 22, Grove Court, Drayton Gardens, London, Greater London SW10 9QY	-	-	3	Flat
£1.6M	01/21	0.52 mi	Flat 53, Albany Mansions, Albert Bridge Road, London, Greater London SW11 4PQ	-	-	3	Flat
£1.1M	05/23	0.52 mi	Flat 68, Albany Mansions, Albert Bridge Road, Battersea, London, Greater London SW11 4PQ	-	-	3	Flat
£825K	03/24	0.52 mi	Albany Mansions, Flat 70, Albert Bridge Road, Battersea, London, Greater London SW11 4PQ	£9,728	85	3	Flat
£1.3M	06/21	0.53 mi	Flat 8a, Drayton Court, Drayton Gardens, London, Greater London SW10 9RQ	-	-	3	Flat
£640K	07/23	0.56 mi	Flat 6, Coles Court, Trott Street, London, Greater London SW11 3DU	-	-	3	Flat
£595K	01/21	0.56 mi	43, Maskelyne Close, London, Greater London SW11 4AE	£6,685	89	3	Flat
£1.0M	06/23	0.6 mi	Flat 39, Marina Point, Lensbury Avenue, London, Greater London SW6 2GX	-	-	3	Flat
£2.0M	04/21	0.6 mi	8, Regency Terrace, London, Greater London SW7 3QW	£14,815	135	3	Flat
£950K	12/23	0.61 mi	Flat 17, Monarch Point, Lensbury Avenue, London, Greater London SW6 2HW	-	-	3	Flat
£920K	05/23	0.61 mi	Flat 1, Monarch Point, Lensbury Avenue, London, Greater London SW6 2HW	-	-	3	Flat
£555K	06/21	0.62 mi	Flat F, 50, Cranley Gardens, London, Greater London SW7 3DE	£18,500	30	3	Flat
£640K	01/21	0.62 mi	Flat 5, Chelsea Manor Court, Chelsea Manor Street, London, Greater London SW3 5SA	-	-	3	Flat
£1.9M	11/20	0.63 mi	Flat 25, Dolphin House, Lensbury Avenue, London, Greater London SW6 2GY	-	-	3	Flat
£2.5M	10/23	0.63 mi	Flat 6, Rossetti Garden Mansions, Flood Street, London, Greater London SW3 5QY	-	-	3	Flat
£1.1M	11/20	0.64 mi	Ground Floor Flat, 70, Redcliffe Gardens, London, Greater London SW10 9HE	£12,651	83	3	Flat
£490K	02/21	0.64 mi	First Floor Flat, 170, Ifield Road, London, Greater London SW10 9AF	£11,395	43	3	Flat
£2.9M	11/20	0.64 mi	Flat 19, Rossetti Garden Mansions, Flood Street, London, Greater London SW3 5QY	-	-	3	Flat
£1.6M	09/21	0.65 mi	Flat C, 72, Sydney Street, London, Greater London SW3 6NJ	-	-	3	Flat
£705K	10/21	0.65 mi	56a, Elbe Street, London, Greater London SW6 2QP	-	-	3	Flat
£500K	02/23	0.65 mi	43a, Tynemouth Street, London, Greater London SW6 2QS	-	-	3	Flat
£2.3M	06/21	0.66 mi	24, Cheyne Court, London, Greater London SW3 5TR	£15,845	142	3	Flat
£2.0M	10/23	0.66 mi	3, Cheyne Court, London, Greater London SW3 5TP	£16,949	118	3	Flat
£710K	11/21	0.69 mi	59, Inworth Street, London, Greater London SW11 3EW	-	-	3	Flat
£852K	12/20	0.69 mi	Maisonette B, 14, Bovingdon Road, London, Greater London SW6 2AP	-	-	3	Flat
£2.4M	12/20	0.7 mi	Flat C, 11, Cheyne Place, London, Greater London SW3 4HH	-	-	3	Flat

Local Rents

50 rents from £2.6K/mo to £9.8K/mo, average is £5.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,800	09/24	0.03 mi	-	3	Flat
£4,498	09/24	0.12 mi	Edith Grove, Chelsea	3	Flat
£2,750	09/24	0.12 mi	-	3	Flat
£3,878	09/24	0.14 mi	Cornwall Mansions, Chelsea, SW3	3	Flat
£3,878	09/24	0.14 mi	Cremorne Road, Chelsea, SW10	3	Flat
£3,879	09/24	0.15 mi	Cremorne Road, Chelsea, London, SW10	3	Flat
£3,750	09/24	0.17 mi	Ashburnham Mansions, Chelsea	3	Flat
£4,117	09/24	0.17 mi	Ashburnham Mansions, Ashburnham Road, London, SW10	3	Flat
£7,583	09/24	0.17 mi	Burnaby Street, London, SW10	3	Flat
£4,333	09/24	0.18 mi	Kings Road, London, SW10	3	Flat
£3,748	09/24	0.18 mi	Ashburnham Mansions, Ashburnham Road, SW10	3	Flat
£5,499	09/24	0.2 mi	Edith Grove, London, SW10	3	Flat
£3,500	02/24	0.21 mi	-	3	Flat
£3,900	09/24	0.21 mi	-	3	Flat
£2,999	09/24	0.21 mi	Brickbarn Close, Kings Road, London, SW10	3	Flat
£4,300	01/25	0.23 mi	-	3	Flat
£3,900	09/24	0.23 mi	-	3	Flat
£7,000	09/24	0.23 mi	-	3	Flat
£7,000	09/24	0.24 mi	Chelsea Waterfront, Waterfront Drive, Chelsea, SW10	3	Flat
£6,630	09/24	0.26 mi	Waterfront Drive, Chelsea Harbour, SW10	3	Flat
£6,630	09/24	0.27 mi	Waterfront Drive, Chelsea, London, SW10	3	Flat
£5,417	09/24	0.27 mi	Waterfront Drive , London	3	Flat
£6,067	09/24	0.27 mi	Waterfront Drive , London	3	Flat
£3,850	09/24	0.29 mi	Kings Road, London	3	Flat
£4,100	03/25	0.31 mi	-	3	Terraced House
£7,999	09/24	0.32 mi	Gunter Grove, London, SW10 0UJ	3	Flat
£7,000	09/24	0.33 mi	Waterfront Drive, Cheslea, SW10	3	Flat
£8,233	09/24	0.33 mi	Chelsea Harbour, London	3	Flat
£7,562	04/25	0.33 mi	-	3	Flat
£8,333	09/24	0.33 mi	-	3	Flat
£4,602	09/24	0.34 mi	Condray Place, SW11	3	Flat
£2,800	09/24	0.35 mi	-	3	Flat
£8,233	09/24	0.35 mi	Chelsea Harbour, Chelsea, London, SW10	3	Flat
£5,997	09/24	0.36 mi	1 Harbour Avenue, Chelsea, London	3	Flat
£5,742	09/24	0.36 mi	Waldron House, 57-63 Old Church Street, Chelsea, London, SW3	3	Flat
£5,850	09/24	0.36 mi	Ellesmere Court, Chelsea SW10	3	Flat
£3,250	11/24	0.37 mi	-	3	Flat
£2,600	03/25	0.37 mi	-	3	Flat
£6,933	09/24	0.38 mi	Kings Road Chelsea SW3	3	Flat
£6,933	09/24	0.39 mi	Kings Road, Chelsea, London, SW3	3	Flat
£5,997	09/24	0.39 mi	Henniker Mews, Chelsea	3	Flat
£5,997	09/24	0.39 mi	Henniker Mews, Chelsea	3	Flat
£5,633	09/24	0.4 mi	Henniker Mews, Chelsea, London, SW3	3	Flat
£2,750	09/24	0.4 mi	Althorpe Mews, Battersea	3	Flat
£7,800	04/25	0.42 mi	-	3	Semi-Detached House
£7,150	09/24	0.42 mi	Beaufort Street London SW3	3	Flat
£8,333	11/24	0.43 mi	-	3	Terraced House
£3,000	09/24	0.43 mi	-	3	Flat
£3,000	09/24	0.43 mi	-	3	Flat
£9,750	09/24	0.43 mi	Elm Park Road, Chelsea, SW3	3	Flat

Local Area Statistics

Population in SW10	18,51018,510
Population in London	4,771,9214,771,921
Town centre distance	4.50 miles away4.50 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.45 miles away0.45 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	+8%+8%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-17%-17%

Property History

Listed for £825,000

June 26, 2024

Floor Plans

Description

3 double bedrooms +
1 bathroom +
River views +
Lift, porter services +
Lift +

Ideal opportunity for Buy-to-Let investors as currently tenanted until at least summer 2026, achieving rent in excess of £44,000 pa. (approx 5.3% yield)
Offers in excess of £825,000

On the first floor with incredible river views, this is a brilliant 3 bedroom lateral flat in Chelsea. The property is well laid out with an eat-in kitchen, and living room both benefiting from the bright and open view of the communal gardens and the Thames.

There are three double bedrooms, a large bathroom and the property already benefits the from possession of an HMO license for up to 4 occupiers on a rental basis (subject to renewal).

The property offers a great opportunity for modernisation, makes a fantastic investment and is incredible value with around 870 sq ft of space.

Blantyre Walk is tucked away from the hustle and bustle of Kings Road and Chelsea Embankment and is serviced by fantastic bus services to the tube stations nearby. An array of shops, transport links, restaurants and cafés are moments away.

The information contained in these particulars is for general information purposes only. Douglas & Gordon does not provide information or give any warranty with regards to train, tube, tram lines or flight paths. Prospective purchasers or tenants are advised to carry out their own research if they have any concern about train, tube, tram lines or flight paths.

Agent Details

Douglas and Gordon, London

020 3917 0940

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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