3 Bed Flat, Refurb/BRRR, London, SW11 3TP, £950,000

501 Battersea Park Road, Battersea, SW11 4LW - 3 views - a month ago

Leasehold
Refurb/BRRR
ROI: 5%
64 m²
+4 photos

ValuationOvervalued

Sold Prices£410K - £2.9M
Sold Prices/m²£5.4K/m² - £16.9K/m²

 

 

Square Metres

64 m²
Price/m²£14.8K/m²

Value Estimate

£705,451

 

 

End Value (After Refurb)

£707,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£237,500

Stamp Duty & Legal Fees

£84,950

Refurb Costs

£33,858

Bridging Loan Interest

£24,938

Total Cash In

£382,996

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£707,500

Mortgage (After Refinance)

£530,625

Mortgage LTV

75%

Cash Left In

£382,996

Equity

£176,875

Rent Range

£2,300 - £7,800

Rent Estimate

£4,620

Running Costs/mo

£3,155

Cashflow/mo

£1,465

Cashflow/yr

£17,581

ROI

5%

Gross Yield

6%

Local Sold Prices

50 sold prices from £410K to £2.9M, average is £1.1M. £5.4K/m² to £16.9K/m², average is £9.8K/m².

PriceDateDistanceAddressBeds 
£1.1M03/230.09 mi6d, Thorney Crescent, London, Greater London SW11 3TR3
£535K02/230.21 miFlat 18, Chelwood Court, Westbridge Road, London, Greater London SW11 3NH3
£410K12/200.23 mi53, Searles Close, London, Greater London SW11 4RH3
£620K05/230.23 mi49, Searles Close, London, Greater London SW11 4RH3
£1.6M01/210.28 miFlat 53, Albany Mansions, Albert Bridge Road, London, Greater London SW11 4PQ3
£1.1M05/230.28 miFlat 68, Albany Mansions, Albert Bridge Road, Battersea, London, Greater London SW11 4PQ3
£825K03/240.28 miAlbany Mansions, Flat 70, Albert Bridge Road, Battersea, London, Greater London SW11 4PQ3
£1.2M06/210.29 miFlat 36, Beaufort Mansions, Beaufort Street, London, Greater London SW3 5AG3
£1.0M04/210.29 miFlat 122, Beaufort Mansions, Beaufort Street, London, Greater London SW3 5AE3
£1.6M09/230.29 miFlat 126, Beaufort Mansions, Beaufort Street, London, Greater London SW3 5AE3
£970K01/240.29 miFlat 124, Beaufort Mansions, Beaufort Street, London, Greater London SW3 5AE3
£1.5M04/230.29 miFlat 69, Beaufort Mansions, Beaufort Street, London, Greater London SW3 5AF3
£595K01/210.32 mi43, Maskelyne Close, London, Greater London SW11 4AE3
£995K07/230.35 miFlat 43, Valiant House, Vicarage Crescent, London, Greater London SW11 3LU3
£1.3M05/210.38 miFlat 4, Cornwall Mansions, Cremorne Road, London, Greater London SW10 0PE3
£700K12/230.38 miFlat 16, Cornwall Mansions, Cremorne Road, London, Greater London SW10 0PE3
£865K09/210.38 miFlat 37d, Cremorne Mansions, Cremorne Road, London, Greater London SW10 0ND3
£1.1M11/200.42 miFlat 41, Ashburnham Mansions, Ashburnham Road, London, Greater London SW10 0PB3
£640K07/230.44 miFlat 6, Coles Court, Trott Street, London, Greater London SW11 3DU3
£1.7M04/230.44 mi42, Thames Quay, London, Greater London SW10 0UY3
£1.9M10/200.44 mi9, Thames Quay, London, Greater London SW10 0UY3
£1.5M02/230.46 mi48, The Quadrangle, London, Greater London SW10 0UG3
£1.3M11/200.46 mi16, The Quadrangle, London, Greater London SW10 0UG3
£2.5M10/230.49 miFlat 6, Rossetti Garden Mansions, Flood Street, London, Greater London SW3 5QY3
£815K07/230.5 miFlat 69, Cambridge Mansions, Cambridge Road, London, Greater London SW11 4RX3
£710K11/210.51 mi59, Inworth Street, London, Greater London SW11 3EW3
£2.3M06/210.52 mi24, Cheyne Court, London, Greater London SW3 5TR3
£2.0M10/230.52 mi3, Cheyne Court, London, Greater London SW3 5TP3
£540K01/210.53 miThe Old Warehouse, 1b, Stanmer Street, London, Greater London SW11 3EQ3
£2.9M11/200.53 miFlat 19, Rossetti Garden Mansions, Flood Street, London, Greater London SW3 5QY3
£640K01/210.54 miFlat 5, Chelsea Manor Court, Chelsea Manor Street, London, Greater London SW3 5SA3
£983K11/200.55 miFlat 3, Editha Mansions, Edith Grove, London, Greater London SW10 0NN3
£1.5M09/210.55 miFlat 3, Fernshaw Mansions, Fernshaw Road, London, Greater London SW10 0TD3
£2.4M12/200.56 miFlat C, 11, Cheyne Place, London, Greater London SW3 4HH3
£1.0M02/210.57 miFlat 17, Hudson House, Hortensia Road, London, Greater London SW10 0QR3
£950K10/230.57 miFlat 9, Hudson House, Hortensia Road, London, Greater London SW10 0QR3
£1.9M05/210.63 miFlat 83, Overstrand Mansions, Prince Of Wales Drive, London, Greater London SW11 4EU3
£2.2M09/210.63 mi2, Tedworth Gardens, London, Greater London SW3 4DX3
£565K12/230.64 mi184a, Battersea Park Road, London, Greater London SW11 4ND3
£1.6M09/210.64 miFlat C, 72, Sydney Street, London, Greater London SW3 6NJ3
£1.6M01/210.64 miFlat 4, Clifton House, Hollywood Road, London, Greater London SW10 9XA3
£1.7M02/210.64 miLower Maisonette, 54, Radnor Walk, London, Greater London SW3 4BN3
£1.0M06/230.65 miFlat 39, Marina Point, Lensbury Avenue, London, Greater London SW6 2GX3
£2.1M06/210.66 mi9a, Tite Street, London, Greater London SW3 4JR3
£1.0M02/230.66 mi9b, Tite Street, London, Greater London SW3 4JR3
£950K12/230.67 miFlat 17, Monarch Point, Lensbury Avenue, London, Greater London SW6 2HW3
£920K05/230.67 miFlat 1, Monarch Point, Lensbury Avenue, London, Greater London SW6 2HW3
£1.8M06/230.67 miFlat 5, Fawcett Court, Fawcett Street, London, Greater London SW10 9HW3
£440K07/230.67 mi109, Fawcett Close, London, Greater London SW11 2LT3
£1.9M11/200.68 miFlat 25, Dolphin House, Lensbury Avenue, London, Greater London SW6 2GY3

Local Rents

50 rents from £2.3K/mo to £7.8K/mo, average is £4K/mo.

RentDateDistanceAddressBeds 
£4,10003/250.07 mi-3
£4,60209/240.11 miCondray Place, SW113
£4,30001/250.16 mi-3
£2,90002/250.19 mi-3
£3,49504/250.23 mi-3
£6,41309/240.23 miAnhalt Road, Battersea3
£6,41309/240.23 miAnhalt Road, Battersea3
£4,00009/240.23 miJuer Street, Battersea, London, SW113
£7,80009/240.23 miAnhalt Road, SW113
£5,00009/240.23 miJuer Street, London, SW113
£6,89009/240.23 miWaterside Point, Battersea, London, SW113
£3,80009/240.25 mi-3
£2,80009/240.25 mi-3
£3,50002/240.27 mi-3
£3,90009/240.27 mi-3
£2,60002/240.29 mi-3
£3,60009/240.29 miAlbany Mansions, London, SW113
£3,60009/240.29 mi-3
£2,75009/240.31 miAlthorpe Mews, Battersea3
£5,41709/240.32 miShrewsbury House, Cheyne Walk, Chelsea, SW33
£2,65009/240.32 miSurrey Lane, London, SW113
£5,41709/240.32 miCheyne Walk, Chelsea, SW33
£2,65009/240.35 miBattersea Bridge Road, London, SW113
£2,65009/240.35 mi-3
£4,33309/240.35 miKings Road, London, SW103
£7,00009/240.35 mi-3
£2,75009/240.35 mi-3
£4,49809/240.36 miEdith Grove, Chelsea3
£7,00009/240.36 miChelsea Waterfront, Waterfront Drive, Chelsea, SW103
£2,30011/240.36 mi-3
£5,74209/240.36 miWaldron House, 57-63 Old Church Street, Chelsea, London, SW33
£3,87809/240.38 miCornwall Mansions, Chelsea, SW33
£3,87909/240.38 miCremorne Road, Chelsea, London, SW103
£6,63009/240.38 miWaterfront Drive, Chelsea, London, SW103
£3,87809/240.38 miCremorne Road, Chelsea, SW103
£3,57509/240.38 miWendle Square, SW11 3
£3,85009/240.38 miKings Road, London3
£3,90009/240.39 mi-3
£6,63009/240.39 miWaterfront Drive, Chelsea Harbour, SW103
£7,58309/240.4 miBurnaby Street, London, SW103
£5,41709/240.4 miWaterfront Drive , London3
£6,06709/240.4 miWaterfront Drive , London3
£2,50009/240.41 miClancy Court, Trott Street, Battersea3
£3,75009/240.41 miAshburnham Mansions, Chelsea3
£5,41709/240.41 miThe Quad, 58 Battersea High Street, London, SW113
£7,25809/240.42 miBramerton Street, Chelsea, London, SW33
£4,11709/240.42 miAshburnham Mansions, Ashburnham Road, London, SW103
£3,74809/240.42 miAshburnham Mansions, Ashburnham Road, SW103
£6,93309/240.44 miKings Road Chelsea SW33
£6,93309/240.44 miKings Road, Chelsea, London, SW33

Local Area Statistics

Population in SW11

70,152

Population in London

4,771,921

Town centre distance

4.41 miles away

Nearest school

0.10 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Buyer's market

Capital growth (5yrs)

+1%

Property History

Listed for £950,000

March 10, 2025

Floor Plans

Description

Having remained in the same family for many years this is an extremely well proportioned three bedroom garden flat. The property would benefit from modernisation but offers a wealth of opportunity. There is access out onto the westerly facing patio garden from the reception room which offers views over the communal gardens towards the river. In addition there is a separate garage and communal parking

The Morgan's Walk development was built in the 1980s and is a gated development with attractive landscaped gardens and additional private parking. It is situated adjacent to Battersea Bridge and is ideally located for access to Chelsea as well as Battersea Park being close by.

Agent Details

John D Wood & Co. Sales, Battersea

020 3879 5961

Next Steps?

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