Studio · SW6 3HW
Listing removedReduced £10.9k (−4.5%) on 4 AugListed 508 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership (advertised price represents the 54.63% share offered. Full market value £440,000).
An extraordinary opportunity to acquire a stunning studio flat with outside space and river views at a fraction of the full market value, through the London Borough of Hammersmith and Fulham share scheme, with the council owning just over 44% and the owner not having to pay any rent on the share not owned.
The flat itself is a well laid out studio, with a designated sleeping area (that could be completely separated with the addition of sliding doors in a Manhattan suite style) complete with large fitted wardrobes.
There is a modern bathroom suite with a bath, a rare find in a studio, and a kitchen with integrated Bosch appliances.
There is a large balcony boasting river views and communal gardens at the rear of the property, as well as concierge and security which operate from the neighbouring building.
Both Parsons Green Tube and Wandsworth Town Rail Stations are within a mile, and Hurlingham Park, South Park, Eel Brook Common, and Wandsworth Park are all close by.
As is a Sainsburys superstore on Townmead Road, as well as a whole host of independent shops, cafes, restaurants, and bakeries on Wandsworth Bridge Road, and some of the best pubs in south west London in nearby Parsons Green.
There is an underground car park, however this flat does not have a parking space, nor are you able to obtain an on-street permit, however you may be able to rent/purchase a space from another resident via separate negotiations.
Service charge = £2,600 approx pa Ground rent = £400 approx pa
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 7, Higham House East, 100, Carnwath Road, London
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