Lot 161 Allsop Wed 18 Nov Guide £375,000+

Allsop auction lot25 Altura Tower, Bridges Court Road, Battersea, London, SW11 3GZ

2 bed flat (SW11 3GZ), for sale by auction with Allsop on 18 November 2026, lot 161. Guide £375,000+.

Finance view

Limited

Fewer lenders, a lower loan or extra conditions. The loan that fits: Purchase bridge, as this is a home that can be let or sold as it is.

Likely loan
Up to 70% of the priceOn the purchase price
On the expected hammer
About £302,000The guide plus 15%; Allsop lots have sold at +19% on the guide (median of 94)
Example rate
0.75% to 0.95% a monthArrangement fee about 2%

In its favour

  • Inside the M25 (Wandsworth): the area lenders know best
  • Imperial Wharf station, about 11 minutes' walk
  • A park within a three-minute walk
  • 130 years left on the lease
  • Sold vacant

What a lender will look at

  • Major point Flood zone 3 (high risk): insurance and lending are harder

If you let it

Typical rent about £2,469 a month, a gross yield of 6.9% on the expected hammer. The rent supports a 75% buy-to-let mortgage (up to about £431,000), so refinancing out of a bridge works on these figures.

ONS average for a 2-bed home in Wandsworth, Sept 2026. Refinance test: rent covers the interest 125% at a 5.5% stress rate, as lenders test a limited company; personal borrowers are often tested harder.

What a lender will ask you for on a purchase bridge
  • Photo ID and proof of address
  • Proof of your deposit and where it came from
  • The legal pack, read by your solicitor before you bid
  • Your exit plan: sale or refinance, with evidence (comparables, or a mortgage in principle)
  • The lease, with the ground rent and service charge
  • A valuation, which the lender instructs

We have access to lending of up to 75% of the purchase price, with up to 100% of the build cost. Tell us about the lot and we can put you in touch. Ratings and figures are a guide from the published facts, not an offer of finance or advice. Surroundings from OpenStreetMap (© OpenStreetMap contributors); stations from NaPTAN.

Closest comparables

The nearest sales of homes like this one in the last two years, from HM Land Registry, graded the way a lender reads them. 1481 similar sales within 1.5 km.

  1. Strong £328,000 Jul 2026

    Flat 813, Falcon Wharf, 34 Lombard Road, London, SW11 3RF (flat)

    The same kind of home, 145 m away, sold 4 months ago.

  2. Strong £580,000 Aug 2026

    Flat 8, Candlemakers Apartments, 112 York Road, London, SW11 3RS (flat)

    The same kind of home, 199 m away, sold 3 months ago.

  3. Strong £500,000 Jul 2026

    123, Price's Court Cotton Row, London, SW11 3YW (flat)

    The same kind of home, 169 m away, sold 4 months ago.

On the market now

Asking prices for 2-bed flats in SW11 on the property portals: their listings, opened in a new tab.

Also at auction nearby

Sold prices: HM Land Registry Price Paid data, Crown copyright, Open Government Licence. Floor areas: the EPC register. Contains OS data © Crown copyright (Code-Point Open).

Lot details

Auction
AllsopWed 18 Nov, lot 161
Guide price
Guide £375,000+Expected hammer is usually higher
Property
2 bed flat | Leasehold
Tenure
Leasehold130 years left on the lease
Occupancy
Vacant
Floor area
716 sq ftAuctioneer's figure
Planning
No conservation area or listing foundFrom planning.data.gov.uk, at the lot's postcode
Flood risk
Zone 3: highEnvironment Agency flood map zone, at the lot's postcode

Auction finance snapshot

25% deposit required
£93,750
75% estimated bridging loan
£281,250

On the guide price. Lots usually sell above the guide: at the expected hammer (1.15× guide) the deposit would be £107,813. Stamp duty, the buyer's fee, legal costs and the lender's fees come on top. Illustrative only, not an offer of finance.

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The report on this lot: free

  • Deal grade, A to E, with the working
  • Maximum bid on the refurb and the conversion route
  • Value after works and build cost
  • Profit at every hammer price, and a stress test
  • Sold comparables matched to floor areas
  • The legal pack: what it says and what to check

Prepared for this lot and emailed to you. Free, guidance not advice.

Listing and legal pack on Allsop's site ↗

How much could you borrow on this lot?

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We have access to lending of up to 75% of the purchase price, with up to 100% of the build cost. Tell us about the lot and we can put you in touch.

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How often

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  88. 177 16 Althea Street, Fulham, London, SW6 2RY Guide TBAFinance: Limited 1 bed flat | Leasehold · Allsop
  89. 178 20 Althea Street, Fulham, London, SW6 2RY Guide TBAFinance: Limited 1 bed flat | Leasehold · Allsop
  90. 313 20 Hornbeam Terrace, Winchcombe Road, Carshalton, Surrey, SM5 1RUUpdated: Sale moved from Thu 19 Nov to Wed 18 Nov on 6 November 2026 Guide £230,000+£562 per sq ftFinance: Strong 2 bed terraced house | Freehold · Allsop
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