6 Bed Semi-Detached House, Refurb/BRRR, London, SW16 1NU, £985,000

Thrale Road, London, SW16 1NU - 17 views - 3 months ago

Sold STC
BTL
Refurb/BRRR
Planning
~186 m²
+8 photos

ValuationFair Value

Sold Prices£845K - £2.5M
Sold Prices/m²£4.6K/m² - £12.6K/m²

 

 

Square Metres

~186 m²
Price/m²£5.3K/m²

Value Estimate

£994,850

 

 

End Value (After Refurb)

£1,265,669

Uplift in Value

+28%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£246,250

Stamp Duty & Legal Fees

£70,500

Refurb Costs

£98,427

Bridging Loan Interest

£25,856

Total Cash In

£442,783

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£1,265,669

Agent Fees (1%)

£12,657

Bridging Loan

£738,750

Bridging Loan Interest

£25,856

Flip Profit

£71,479

Local Sold Prices

25 sold prices from £845K to £2.5M, average is £1.5M. £4.6K/m² to £12.6K/m², average is £5.9K/m².

PriceDateDistanceAddressBeds 
£1.4M02/210 mi61, Thrale Road, London, Greater London SW16 1NU6
£1.0M06/210.12 mi25, Parklands Road, London, Greater London SW16 6TB6
£925K06/230.14 mi7, Fayland Avenue, London, Greater London SW16 1SR6
£845K03/210.31 mi6, Spalding Road, London, Greater London SW17 9BW6
£1.2M08/230.42 mi184, Mantilla Road, Balham, London, Greater London SW17 8DU6
£1.9M12/200.45 mi34, Ambleside Avenue, London, Greater London SW16 1QP6
£1.6M04/210.56 mi66, Lewin Road, London, Greater London SW16 6JT6
£1.9M12/200.67 mi81, Streathbourne Road, London, Greater London SW17 8RA6
£1.5M01/240.71 mi211, Bedford Hill, Balham, London, Greater London SW12 9HQ6
£950K09/210.76 mi35, Kingscourt Road, London, Greater London SW16 1JA6
£1.3M02/210.76 mi3, Pinfold Road, London, Greater London SW16 2SL6
£2.5M06/210.77 mi18, Abbotswood Road, London, Greater London SW16 1AP6
£2.1M09/230.78 mi41, Huron Road, London, Greater London SW17 8RE6
£1.9M12/230.8 mi57, Ritherdon Road, London, Greater London SW17 8QE6
£1.6M03/210.81 mi52, Cloudesdale Road, London, Greater London SW17 8EU6
£1.6M06/210.82 mi46, Ellison Road, London, Greater London SW16 5BY6
£1.3M01/230.83 mi7, Pendennis Road, Streatham, London, Greater London SW16 2SS6
£1.1M07/230.84 mi70, Valnay Street, London, Greater London SW17 8PT6
£1.5M01/220.86 mi48, Hopton Road, London, Greater London SW16 2EN6
£1.4M03/210.86 mi28, Dornton Road, London, Greater London SW12 9ND6
£1.7M09/220.87 mi107, Drewstead Road, London, Greater London SW16 1AD6
£1.1M06/230.87 mi59, Kempshott Road, Streatham, London, Greater London SW16 5LJ6
£1.7M02/220.98 mi10, Broadlands Avenue, London, Greater London SW16 1NA6
£1.6M06/220.98 mi6, Cornford Grove, London, Greater London SW12 9JF6
£1.1M08/220.98 mi127, Sunnyhill Road, London, Greater London SW16 2UW6

Local Rents

52 rents from £1.9K/mo to £8.3K/mo, average is £2.7K/mo.

RentDateDistanceAddressBeds 
£2,75011/240.1 mi-3
£2,80009/240.13 miRibblesdale Road, LONDON3
£2,05004/250.16 mi-3
£2,40010/240.19 mi-3
£2,80012/240.19 mi-3
£2,80011/240.19 mi-4
£2,50001/250.23 mi-3
£2,50001/250.23 mi-3
£1,90009/240.25 miMitcham Lane, Streatham, SW163
£2,25002/250.3 mi-3
£2,60004/250.3 mi-3
£2,25004/250.31 mi-3
£3,50009/240.32 miElderfield Place, London, SW174
£3,50009/240.32 miElderfield Place, Tooting4
£2,40009/240.32 miMitcham Lane, Streatham, SW163
£2,80012/240.33 mi-3
£3,50009/240.34 miElderfield Place, Tooting Bec, London, SW174
£2,15002/250.34 mi-3
£3,30011/240.34 mi-5
£3,50009/240.34 miMassingberd Way, Tooting4
£6,00009/240.35 miChillerton Road, Tooting, SW176
£3,80009/240.35 miMassingberd Way, Tooting4
£2,15002/240.35 mi-3
£2,50001/250.35 mi-3
£1,96409/240.37 miFairmile Avenue, London, SW163
£3,50009/240.38 miMitcham Lane4
£3,50009/240.38 miMitcham Lane, London4
£2,77203/250.39 mi-3
£2,90009/240.39 miWelham Road, London, SW164
£2,50002/250.4 mi-4
£2,60009/240.42 miBabington Road, Streatham3
£1,99509/240.42 mi-3
£1,99509/240.42 miFairmile Ave, London, SW163
£2,70003/250.43 mi-3
£2,50009/240.44 miBabington Road, London, SW163
£3,20009/240.46 miCredenhill Street, Streatham4
£3,30009/240.47 miCorsehill Street, Streatham4
£2,25009/240.47 miGleneagle Road, Streatham3
£4,75003/250.49 mi-6
£2,89502/250.49 mi-3
£2,70009/240.5 miMoring Road, London, SW173
£3,00010/240.5 mi-3
£2,90009/240.5 miAmbleside Avenue, Streatham, London, SW163
£2,10010/240.52 mi-3
£2,55009/240.53 mi-4
£2,55009/240.53 mi-4
£2,57504/250.53 mi-3
£6,90002/240.53 mi-6
£7,50002/240.53 mi-6
£6,80009/240.53 mi-6
£2,60011/240.53 mi-3
£8,30004/250.53 mi-6

Local Area Statistics

Population in SW16

81,543

Population in London

4,771,921

Town centre distance

7.17 miles away

Nearest school

0.40 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £985,000

February 11, 2025

Floor Plans

Description

  • Six Bedroom +
  • Perfect Investor Opportunity +
  • Semi Detached +
  • Furzedown +
  • Close to Tooting Bec & Tooting Lido +
  • Front & Rear Garden +
  • Local Amenities +

SUMMARY
This substantial six bedroom house sits in the popular furzedown area and is a developers dream and a great opportunity for buy to let investors alike. Also good for any family looking to put their own stamp on this wonderful family house, Boasting with original period features.

DESCRIPTION
This impressive and original six-bedroom residence offers a significant opportunity for modernisation throughout. While it requires updating, the property provides ample space and considerable potential for extension (subject to obtaining the necessary planning permissions). With over 2,740 sq. ft. of accommodation, the home features a spacious rear garden with additional access via a side passage.

Situated on a sought-after residential road, the property is within walking distance of the expansive Tooting Bec Common and Lido. It is also conveniently located near both Tooting Bec Underground Station and Streatham Common Train Station, making it an ideal choice for commuters. Local shops and amenities are easily accessible within a short walk.

We highly recommend scheduling a viewing to fully appreciate the fantastic potential this property presents.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Streatham

020 3870 1876

Next Steps?

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