2 Bed Flat, Single Let, London, W9 3QP, £675,000

Elgin Avenue, Maida Vale, London, W9 3QP - 5 months ago

Leasehold
BTL
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£315K - £1.1M
Sold Prices/m²£5.9K/m² - £18.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£9.9K/m²

Value Estimate

£538,296

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£168,750

Stamp Duty & Legal Fees

£42,700

Total Cash In

£211,450

 

 

Cash Out

 

Rent Range

£1,800 - £4,675

Rent Estimate

£2,015

Running Costs/mo

£2,532

Cashflow/mo

£-517

Cashflow/yr

£-6,208

Gross Yield

4%

Local Sold Prices

51 sold prices from £315K to £1.1M, average is £545K. £5.9K/m² to £18.5K/m², average is £7.9K/m².

PriceDateDistanceAddressBeds 
£505K01/210.07 miFlat 21, Marble House, Elgin Avenue, London, Greater London W9 3PS2
£690K10/230.13 miFlat C, 40, Hormead Road, London, Greater London W9 3NQ2
£565K12/200.16 mi43c, Barnsdale Road, London, Greater London W9 3LL2
£595K07/230.16 mi64a, Fermoy Road, London, Greater London W9 3NJ2
£421K11/200.2 mi2, Portgate Close, London, Greater London W9 3DL2
£465K11/210.2 mi12, Portgate Close, London, Greater London W9 3DL2
£550K04/210.22 mi76a, Ashmore Road, London, Greater London W9 3DG2
£410K03/210.22 mi76b - 76c, Ashmore Road, London, Greater London W9 3DG2
£800K10/200.24 mi3b, Lydford Road, London, Greater London W9 3LU2
£540K06/210.24 miFlat 37, Swallow Court, Admiral Walk, London, Greater London W9 3TX2
£525K10/210.25 mi88a, Walterton Road, London, Greater London W9 3PQ2
£491.6K06/210.27 mi125, St Ervans Road, London, Greater London W10 5QY2
£617.5K05/210.27 miFirst Floor Flat, 69, Elgin Avenue, London, Greater London W9 2DB2
£555K11/200.27 miFlat 1, Larch Court, Admiral Walk, London, Greater London W9 3UA2
£535K09/230.27 mi186b, Shirland Road, London, Greater London W9 3JF2
£505K03/210.28 mi29, Riverton Close, London, Greater London W9 3DS2
£555K09/210.28 miFlat 29, Hunter Lodge, Admiral Walk, London, Greater London W9 3TQ2
£545K07/210.28 miFlat 24, Hunter Lodge, Admiral Walk, London, Greater London W9 3TQ2
£525K09/230.28 miFlat 16, Hunter Lodge, Admiral Walk, London, Greater London W9 3TQ2
£610K01/210.28 mi76, St Ervans Road, London, Greater London W10 5QT2
£617K06/210.28 mi44, St Ervans Road, London, Greater London W10 5QT2
£550K12/230.28 mi84, St Ervans Road, London, Greater London W10 5QT2
£490K01/210.29 miFlat 2, Gadsden House, Hazlewood Crescent, London, Greater London W10 5DX2
£532K03/210.29 miRaised Ground Floor Flat, 19, Lanhill Road, London, Greater London W9 2BS2
£481K01/240.29 miFlat A, 110, Ashmore Road, London, Greater London W9 3DQ2
£481K01/240.29 miFlat A, 110, Ashmore Road, London, Greater London W9 3DQ2
£510K03/230.29 mi132, Great Western Road, London, Greater London W11 1AF2
£315K05/210.3 miThird Floor Flat, 75, Bravington Road, London, Greater London W9 3AA2
£610K03/210.3 mi67a, Bravington Road, London, Greater London W9 3AA2
£315K07/230.3 mi19a, Aldridge Road Villas, London, Greater London W11 1BN2
£315K07/230.3 mi19a, Aldridge Road Villas, London, Greater London W11 1BN2
£457K10/200.32 mi181b, Shirland Road, London, Greater London W9 2EU2
£495K03/230.34 mi23, Orchard Close, London, Greater London W10 5RA2
£580K02/230.34 mi24a, Tavistock Crescent, London, Greater London W11 1AL2
£645K03/210.35 mi159a, Shirland Road, London, Greater London W9 2EP2
£1.0M08/230.35 miFirst Floor Flat, 60, Tavistock Road, London, Greater London W11 1AW2
£390K03/210.35 miFlat 17, Chesney Court, Shirland Road, London, Greater London W9 2EG2
£400K06/210.36 miFlat 26, James House, Appleford Road, London, Greater London W10 5GF2
£610K03/230.37 mi25c, Croxley Road, London, Greater London W9 3HH2
£512.5K06/210.37 mi12a, Mozart Street, London, Greater London W10 4LA2
£845K07/230.38 mi173, Bonchurch Road, London, Greater London W10 5NN2
£580K12/220.38 mi245, Tavistock Crescent, London, Greater London W11 1AE2
£925K11/230.38 miLower Ground Floor Flat, 24, Leamington Road Villas, London, Greater London W11 1HS2
£624K06/210.38 miFlat 3, Cleveland Mansions, Widley Road, London, Greater London W9 2LA2
£700K08/230.38 miFlat 6, Cleveland Mansions, Widley Road, London, Greater London W9 2LA2
£510K06/210.39 miFirst Floor Flat, 14, Croxley Road, London, Greater London W9 3HL2
£575.5K05/230.4 miFlat 75, Southwold Mansions, Widley Road, London, Greater London W9 2LF2
£1.1M11/230.4 mi99e, Elgin Avenue, London, Greater London W9 2NP2
£670K09/230.41 miFlat 31, Southwold Mansions, Widley Road, London, Greater London W9 2LE2
£720K01/230.41 miFlat 3, Southwold Mansions, Widley Road, London, Greater London W9 2LE2
£542K06/210.42 miFlat B, 135, Ashmore Road, London, Greater London W9 3DA2

Local Rents

50 rents from £1.8K/mo to £4.7K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,30011/240.01 mi-2
£2,89910/240.02 mi12 Elgin Avenue - Two Bed Two Bathroom2
£3,14210/240.03 miElgin Avenue, London, W92
£3,25010/240.03 miMoray Apartments, Elgin Avenue, W92
£3,14210/240.03 miElgin Avenue, Maida Vale2
£3,14210/240.03 miMoray Apartments, Elgin Avenue, Maida Vale, W92
£2,70910/240.07 miGreat Western Road, Maida Vale, London, W92
£4,67510/240.09 mi-2
£2,57810/240.09 miWoodfield Road, London, W92
£3,75004/250.1 mi-2
£2,37511/240.1 mi-2
£2,99512/240.1 mi-2
£2,90012/240.1 mi-2
£2,19904/250.11 mi-2
£2,18803/250.12 mi-2
£2,50004/250.12 mi-2
£2,50004/250.12 mi-2
£2,39610/240.12 miFermoy Road, Maida Vale2
£2,30010/240.13 miFermoy Road, W92
£2,30010/240.14 miFermoy Road, Westbourne Park, London, W92
£2,25003/250.15 mi-2
£2,50004/250.15 mi-2
£2,50010/240.16 miFermoy Road , London, W92
£2,35010/240.16 miChippenham Road London W92
£2,49510/240.16 mi-2
£1,80010/240.16 mi-2
£1,80010/240.16 mi-2
£1,80010/240.16 mi-2
£2,92511/240.17 mi-2
£3,45010/240.17 miFermoy Road, Maida Hill W92
£2,75010/240.17 miFermoy Road, London, W92
£3,20011/240.18 mi-2
£3,20001/250.18 mi-2
£3,20002/250.18 mi-2
£2,20011/240.19 mi-2
£3,95003/250.2 mi-2
£3,95003/250.2 mi-2
£2,10010/240.2 mi-2
£2,10010/240.2 mi-2
£2,35010/240.2 mi-2
£2,35010/240.2 mi-2
£2,35010/240.2 miPortnall Road, London, W92
£3,00011/240.2 mi-2
£2,10010/240.2 mi-2
£2,40010/240.21 mi-2
£2,40001/250.22 mi-2
£2,25004/250.22 mi-2
£2,95010/240.22 mi-2
£2,95010/240.22 miGoldney Road, London, W92
£2,48010/240.22 mi-2

Local Area Statistics

Population in W9

37,724

Population in London

4,771,921

Town centre distance

4.10 miles away

Nearest school

0.10 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Listed for £675,000

November 13, 2024

Floor Plans

Description

  • Contemporary two bedroom apartment within a secure development with lift access +
  • Modern open plan kitchen +
  • Attractive reception room with large feature windows and high ceilings +
  • Two spacious double bedrooms, one en suite +
  • Ample built in storage space +
  • Close to a wealth of public transport options +
  • Within easy reach of Notting Hill and Maida Vale +

Well presented two bedroom apartment with a contemporary décor, modern open plan kitchen and lots of natural light only a few minutes from fashionable Maida Vale.

Well located for Westbourne Park station, Elgin Avenue is a desirable locale close to Notting Hill and Maida Vale's great range of shops and amenities. Several local bus routes are nearby providing easy access to the city.

Please use the reference CHPK5072331 when contacting Foxtons.

Agent Details

Foxtons, Maida Vale

020 3907 9916

Next Steps?

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