1-bedroom flat · SW15 2RN
For saleReduced £5k (−1.3%) on 21 OctListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Top-floor living, abundant natural light, and leafy south-west facing views, this is Putney living at its best.
A beautifully refurbished top-floor apartment set within a well-maintained purpose-built development in the heart of Putney, offering a desirable south-west facing aspect, approximately 512 sq ft of internal living space, and the added benefit of no onward chain.
Finished to an excellent standard throughout, the apartment features a contemporary fitted kitchen complete with integrated AEG and Bosch appliances, stone worktops, a breakfast bar, and a skylight that fills the space with natural light.
The kitchen opens seamlessly into a bright reception room enjoying attractive leafy views, creating a superb living and entertaining space.
The stylish bathroom has been finished with sleek matt black fittings, complementing the apartment's modern design.
Further benefits include a secure allocated parking space, making this an ideal first-time purchase, London pied-à-terre, or buy-to-let investment.
Perfectly positioned just 0.3 miles from East Putney Underground Station and 0.6 miles from Putney Mainline Station, the property offers excellent transport links into Central London.
Putney High Street, with its excellent selection of cafés, restaurants, boutique shops and riverside amenities, is also within easy walking distance, while nearby green spaces provide the perfect balance between city living and outdoor recreation.
The asking price reflects that the incoming purchaser will complete the agreed lease extension directly with the freeholder.
Terms have already been agreed in principle between the seller and freeholder, with the benefit of those agreed terms to be assigned to the purchaser following completion of probate.
Once completed, the property will benefit from a new lease of approximately 166 years together with a peppercorn ground rent, providing long-term security and enhancing the property's future value.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
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FAQ
About Grangewood, 48 Upper Richmond Road, London
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