3 Bed Terraced House, Refurb/BRRR, London, W6 9SJ, £1,250,000

Lochaline Street, London, W6 9SJ - 11 views - 6 months ago

Refurb/BRRR
Planning
ROI: 2%
~93 m²
+13 photos

ValuationOvervalued

Sold Prices£520K - £1.7M
Sold Prices/m²£5K/m² - £12.9K/m²

 

 

Square Metres

~93 m²
Price/m²£13.4K/m²

Value Estimate

£816,850

 

 

End Value (After Refurb)

£1,227,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£312,500

Stamp Duty & Legal Fees

£104,950

Refurb Costs

£49,243

Bridging Loan Interest

£32,813

Total Cash In

£501,256

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£1,227,500

Mortgage (After Refinance)

£920,625

Mortgage LTV

75%

Cash Left In

£501,256

Equity

£306,875

Rent Range

£2,444 - £8,200

Rent Estimate

£6,060

Running Costs/mo

£5,068

Cashflow/mo

£992

Cashflow/yr

£11,905

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £520K to £1.7M, average is £1.0M. £5K/m² to £12.9K/m², average is £9.4K/m².

PriceDateDistanceAddressBeds 
£975K10/230 mi11, Lochaline Street, London, Greater London W6 9SJ3
£1.1M11/200 mi22, Lochaline Street, London, Greater London W6 9SH3
£970K05/210.09 mi116, Rannoch Road, London, Greater London W6 9SW3
£961K04/210.09 mi106, Rannoch Road, London, Greater London W6 9SW3
£990K12/220.1 mi119, Rannoch Road, London, Greater London W6 9SY3
£1.0M03/210.13 mi8, Rosedew Road, London, Greater London W6 9ET3
£1.1M12/230.13 mi13, Rosedew Road, London, Greater London W6 9ET3
£1.1M04/230.16 mi54, St Dunstans Road, London, Greater London W6 8RA3
£940K02/210.16 mi88, Rannoch Road, London, Greater London W6 9SP3
£860K04/210.18 mi2a, Aspenlea Road, London, Greater London W6 8LJ3
£1.2M11/220.19 mi10, Wingrave Road, London, Greater London W6 9HF3
£1.0M03/210.19 mi48, Biscay Road, London, Greater London W6 8JN3
£1.3M03/230.2 mi66, Beryl Road, London, Greater London W6 8JT3
£860K04/210.21 mi2a, Aspenlea Road, London, Greater London W6 8LJ3
£1.0M08/230.23 mi46, Margravine Road, London, Greater London W6 8HA3
£964K01/230.24 mi12, Ellaline Road, London, Greater London W6 9NZ3
£1.1M10/210.24 mi55, Greyhound Road, London, Greater London W6 8NH3
£950K06/210.25 mi26, Averill Street, London, Greater London W6 8EB3
£1.0M07/230.28 mi15, Silverton Road, London, Greater London W6 9NY3
£700K10/200.28 mi105, Yeldham Road, London, Greater London W6 8JQ3
£895K11/220.29 mi93, Claxton Grove, London, Greater London W6 8HB3
£966.5K06/210.31 mi32, Gastein Road, London, Greater London W6 8LU3
£587.6K12/230.31 mi4, Claxton Grove, London, Greater London W6 8HF3
£1.4M09/210.36 mi15, St Dunstans Road, London, Greater London W6 8RD3
£661.5K03/230.36 mi44, Niton Street, London, Greater London SW6 6NJ3
£520K04/210.36 mi6, St Albans Terrace, London, Greater London W6 8HL3
£830K06/230.39 mi1, Crammond Close, London, Greater London W6 8QS3
£725K10/200.42 mi55, Abbey Gardens, London, Greater London W6 8QR3
£686K12/200.42 mi18, Abbey Gardens, London, Greater London W6 8QR3
£1.7M01/210.43 mi15, Wyatt Drive, London, Greater London SW13 8AL3
£1.1M12/220.46 mi8, Kinnoul Road, London, Greater London W6 8NQ3
£640K01/210.47 mi4, Laundry Road, London, Greater London W6 8PZ3
£640K01/210.47 mi4, Laundry Road, London, Greater London W6 8PZ3
£1.2M06/210.48 mi14, Castelnau Place, London, Greater London SW13 9EQ3
£1.3M03/210.5 mi15, Fielding Mews, London, Greater London SW13 9EY3
£1.1M05/210.51 mi23, Bute Gardens, London, Greater London W6 7DR3
£1.3M04/230.51 mi2, St Hildas Road, London, Greater London SW13 9JQ3
£1.1M11/220.53 mi7, Musard Road, London, Greater London W6 8NR3
£1.0M11/200.53 mi59, Musard Road, London, Greater London W6 8NR3
£975K03/210.53 mi53, Musard Road, London, Greater London W6 8NR3
£1.1M03/230.53 mi11, Fielding Mews, London, Greater London SW13 9EY3
£1.2M04/210.54 mi29, Langthorne Street, London, Greater London SW6 6JT3
£920K12/220.54 mi18, Disbrowe Road, London, Greater London W6 8QF3
£1.0M10/200.55 mi14, Disbrowe Road, London, Greater London W6 8QF3
£1.2M03/210.55 mi20, Brecon Road, London, Greater London W6 8PU3
£1.1M04/230.55 mi22, Brecon Road, London, Greater London W6 8PU3
£930K08/230.56 mi70, Boileau Road, London, Greater London SW13 9BP3
£923K02/210.56 mi62, Lillian Road, London, Greater London SW13 9JF3
£1.3M08/230.56 mi42, Cambridge Grove, London, Greater London W6 0LA3
£1.1M11/200.56 mi51, Bute Gardens, London, Greater London W6 7DX3

Local Rents

50 rents from £2.4K/mo to £8.2K/mo, average is £6.5K/mo.

RentDateDistanceAddressBeds 
£7,00010/240.1 miHolland House, London, W63
£2,90010/240.1 mi-3
£2,99510/240.1 mi-3
£5,30010/240.11 mi-3
£6,00010/240.11 miTierney Lane, Hammersmith, W63
£5,50010/240.12 miParr's Way, Hammermsith, W63
£4,00010/240.13 mi-3
£4,00010/240.13 mi-3
£4,00011/240.13 mi-3
£7,00010/240.13 miParrs Way, London, W63
£3,57512/240.14 mi-3
£3,57512/240.14 mi-3
£3,68312/240.14 mi-3
£3,57102/250.14 mi-3
£3,57501/250.14 mi-3
£3,57102/250.14 mi-3
£6,99810/240.15 miHolland House, Parr's Way, Fulham Reach, London, W63
£8,14710/240.17 miPalace Wharf, London, W63
£2,44810/240.19 miFulham Palace Road, London, W63
£2,44410/240.21 miFulham Palace Road, Hammersmith3
£2,50010/240.22 mi-3
£3,00011/240.24 mi-3
£8,14710/240.25 miPalace Wharf, Rainville Road, Hammersmith, London, W63
£2,90009/240.27 mi-3
£2,90009/240.27 miDorset Mansions, London, SW63
£2,80003/250.27 mi-3
£8,14710/240.27 miRainville Road, London, W63
£8,14710/240.28 miRainville Road, Fulham, London, W63
£8,14710/240.28 miPalace Wharf W63
£3,10010/240.28 mi-3
£3,25009/240.28 mi-3
£8,14710/240.28 miPalace Wharf, Hammersmith, London, W63
£2,75010/240.29 miQueen Caroline Street, Hammersmith3
£8,14710/240.29 miPalace Wharf, Rainville Road, Hammersmith, London, W63
£8,14710/240.29 miRainville Road, Fulham3
£8,14710/240.29 miPalace Wharf Rainville Road, Hammersmith, London, W63
£8,14710/240.29 miPalace Wharf, Rainville Rd, London, W63
£8,14710/240.29 miPalace Wharf, Hammersmith, W63
£8,20001/250.29 mi-3
£8,14710/240.29 miRainville Road London W63
£8,14710/240.29 miPalace Wharf, Rainville Road, W63
£8,14710/240.29 miRainville Road, London, W63
£8,14710/240.29 miPalace Wharf Apartments, Hammersmith3
£8,14710/240.29 miPalace Wharf, Fulham3
£8,14610/240.29 miPalace Wharf, Rainville Road, W63
£8,14710/240.29 miPalace Wharf, Rainville Road, Fulham, London, W63
£8,14710/240.3 miRainville Road, London, W63
£8,14710/240.3 miPalace Wharf Apartments, Rainville Road, London3
£8,14710/240.3 miRainville Road, London3
£5,50010/240.3 miPalace Wharf, Rainville Road, W63

Local Area Statistics

Population in W6

35,669

Population in London

4,771,921

Town centre distance

5.80 miles away

Nearest school

0.10 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-12%

Sales demand

Buyer's market

Capital growth (5yrs)

+3%

Property History

Listed for £1,250,000

October 1, 2024

Sold for £975,000

2023

Floor Plans

Description

  • Freehold +
  • Private garden +
  • No chain +
  • 0.4 miles to Hammersmith Station +
  • Renovation opportunity with full planning permission approved +

SUMMARY
This freehold house on Lochaline Street offers purchasers the unique opportunity to acquire a property with great potential to create a perfect family home.

DESCRIPTION
A planning application has been approved to add a rear extension and loft conversion. Please contact us directly for further information and planning pack.

Lochaline Street is located 0.4miles from Hammersmith Station ( District and Piccadilly Lines). With lots of local amenities nearby, including green spaces, restaurants, boutiques and leisure facilities, with easy access to the M4. The property is only a short walk away from River Thames.

AGENTS NOTE: the floorplan doesn't include the planning

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, Earls Court

020 3869 8489

Next Steps?

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