3 Bed Flat, Single Let, London, W9 1UT, £580,000

Maida Vale, Maida Vale, W9 1UT - 2 views - 2 months ago

Leasehold

BTL

ROI: 4%

~93 m²

+5 photos

ValuationUndervalued

Sold Prices	£425K - £4.3M
Sold Prices/m²	£6.8K/m² - £19.5K/m²

Square Metres	~93 m²
Price/m²	£6.2K/m²
Value Estimate	£719,200£719,200
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£145,000£145,000
Stamp Duty & Legal Fees	£35,100£35,100
Total Cash In	£180,100£180,100

Cash Out
Rent Range	£2,600 - £17,333£2,600 - £17,333
Rent Estimate	£3,050
Running Costs/mo	£2,443£2,443
Cashflow/mo	£608£608
Cashflow/yr	£7,290£7,290
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £425K to £4.3M, average is £1.1M. £6.8K/m² to £19.5K/m², average is £11.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.6M	07/21	0.09 mi	Flat 15, Vale Court, Maida Vale, London, Greater London W9 1RT	-	-	3	Flat
£1.3M	01/23	0.19 mi	178c, Randolph Avenue, London, Greater London W9 1PE	-	-	3	Flat
£1.0M	03/21	0.19 mi	Flat 83, Lauderdale Mansions, Lauderdale Road, London, Greater London W9 1LX	-	-	3	Flat
£1.2M	03/21	0.19 mi	Flat 33, Lauderdale Mansions, Lauderdale Road, London, Greater London W9 1LX	-	-	3	Flat
£2.2M	06/23	0.19 mi	Flat 53, Lauderdale Mansions, Lauderdale Road, London, Greater London W9 1LX	-	-	3	Flat
£1.0M	12/20	0.22 mi	Flat 19, Biddulph Mansions, Elgin Avenue, London, Greater London W9 1HZ	£11,319	91	3	Flat
£1.1M	09/21	0.22 mi	Flat 176, Lauderdale Mansions, Lauderdale Road, London, Greater London W9 1NG	-	-	3	Flat
£1.1M	02/21	0.22 mi	Flat 144, Lauderdale Mansions, Lauderdale Road, London, Greater London W9 1NG	-	-	3	Flat
£975K	05/23	0.22 mi	Flat 168, Lauderdale Mansions, Lauderdale Road, London, Greater London W9 1NG	-	-	3	Flat
£1.1M	08/21	0.22 mi	Flat 45, Grove Hall Court, Hall Road, London, Greater London NW8 9NY	-	-	3	Flat
£1.2M	10/23	0.22 mi	Flat 40, Grove Hall Court, Hall Road, London, Greater London NW8 9NY	-	-	3	Flat
£1.1M	05/21	0.26 mi	Flat 240, Lauderdale Mansions, Lauderdale Road, London, Greater London W9 1NQ	-	-	3	Flat
£1.4M	09/21	0.26 mi	Third And Fourth Floor Flat, 149, Sutherland Avenue, London, Greater London W9 1ES	-	-	3	Flat
£3.8M	01/21	0.27 mi	22, Randolph Crescent, London, Greater London W9 1DR	£15,753	239	3	Flat
£4.3M	10/21	0.27 mi	8a, Melina Place, London, Greater London NW8 9SA	£19,545	220	3	Flat
£1.6M	06/23	0.27 mi	3b, Randolph Crescent, London, Greater London W9 1DP	£11,151	139	3	Flat
£645K	01/21	0.27 mi	179, Scott Ellis Gardens, London, Greater London NW8 9RS	£7,866	82	3	Flat
£935K	01/21	0.27 mi	Flat 15, Elgin Mansions, Elgin Avenue, London, Greater London W9 1JG	£11,688	80	3	Flat
£1.1M	03/23	0.29 mi	Flat 53, Castellain Mansions, Castellain Road, London, Greater London W9 1HE	-	-	3	Flat
£895.2K	11/23	0.32 mi	Castellain Mansions, Flat 108, Castellain Road, London, Greater London W9 1HB	£10,059	89	3	Flat
£873K	02/23	0.32 mi	Flat 112, Castellain Mansions, Castellain Road, London, Greater London W9 1HB	-	-	3	Flat
£1.8M	09/23	0.33 mi	Flat 9, Neville Court, Abbey Road, St Johns Wood, London, Greater London NW8 9DD	-	-	3	Flat
£2.4M	12/20	0.34 mi	Flat 75, South Lodge, Circus Road, London, Greater London NW8 9EU	-	-	3	Flat
£1.1M	10/20	0.35 mi	Flat 403, Elm Tree Court, Elm Tree Road, London, Greater London NW8 9JT	-	-	3	Flat
£1.3M	06/23	0.35 mi	26c, Clarendon Gardens, London, Greater London W9 1AZ	-	-	3	Flat
£1.8M	10/21	0.35 mi	Basement, 22, Clarendon Gardens, London, Greater London W9 1AZ	-	-	3	Flat
£863K	06/21	0.36 mi	Flat 31, Delaware Mansions, Delaware Road, London, Greater London W9 2LH	-	-	3	Flat
£825K	03/21	0.37 mi	First Floor Flat, 10, Clarendon Gardens, London, Greater London W9 1AY	£16,176	51	3	Flat
£900K	03/21	0.39 mi	Flat 16, Morshead Mansions, Morshead Road, London, Greater London W9 1LE	-	-	3	Flat
£1.1M	04/23	0.39 mi	Flat 23, Morshead Mansions, Morshead Road, London, Greater London W9 1LE	-	-	3	Flat
£1.3M	03/24	0.4 mi	Century Court, Flat 25, Grove End Road, London, Greater London NW8 9LD	£11,195	113	3	Flat
£1.2M	07/23	0.4 mi	Flat 31, Century Court, Grove End Road, London, Greater London NW8 9LD	-	-	3	Flat
£915K	05/21	0.4 mi	Flat 42, Morshead Mansions, Morshead Road, London, Greater London W9 1LF	-	-	3	Flat
£1.3M	09/23	0.41 mi	Flat 10, Abbey Court, Abbey Road, St Johns Wood, London, Greater London NW8 0AU	-	-	3	Flat
£850K	05/21	0.42 mi	Flat 76, Morshead Mansions, Morshead Road, London, Greater London W9 1LG	-	-	3	Flat
£1.6M	12/20	0.43 mi	Flat 1, Westminster Court, Aberdeen Place, London, Greater London NW8 8JL	-	-	3	Flat
£1.6M	12/20	0.43 mi	Flat 1, Westminster Court, Aberdeen Place, London, Greater London NW8 8JL	-	-	3	Flat
£740K	12/20	0.43 mi	Flat 55, Greville Hall, Greville Place, London, Greater London NW6 5JT	-	-	3	Flat
£1.4M	04/23	0.45 mi	Flat 60, St Johns Wood Court, St Johns Wood Road, London, Greater London NW8 8QS	-	-	3	Flat
£2.4M	03/21	0.46 mi	Flat A, 14, Maida Avenue, London, Greater London W2 1SR	-	-	3	Flat
£565K	02/21	0.48 mi	First Floor Flat, 106, Shirland Road, London, Greater London W9 2EQ	£11,300	50	3	Flat
£580K	11/23	0.53 mi	57b, Sutherland Avenue, London, Greater London W9 2HF	£11,586	50	3	Flat
£500K	09/23	0.53 mi	Flat 36, Kilburn Gate, Kilburn Priory, London, Greater London NW6 5NE	-	-	3	Flat
£425K	07/23	0.53 mi	Flat 16, Kilburn Gate, Kilburn Priory, London, Greater London NW6 5ND	-	-	3	Flat
£542.5K	01/21	0.55 mi	Flat 45, Lords View, St Johns Wood Road, London, Greater London NW8 7HQ	-	-	3	Flat
£825K	03/23	0.55 mi	Flat 28, Elgood House, Wellington Road, St Johns Wood, London, Greater London NW8 9TG	-	-	3	Flat
£570K	03/21	0.55 mi	72, John Aird Court, London, Greater London W2 1UZ	£6,786	84	3	Flat
£615K	09/21	0.56 mi	Flat 45, Tadema House, Penfold Street, London, Greater London NW8 8PN	-	-	3	Flat
£3.5M	04/21	0.57 mi	2, Lord Hills Road, London, Greater London W2 6PD	£11,290	310	3	Flat
£1.3M	02/21	0.59 mi	Flat 13, St. Marys Mansions, St Marys Terrace, London, Greater London W2 1SQ	-	-	3	Flat

Local Rents

49 rents from £2.6K/mo to £17.3K/mo, average is £5K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,600	02/25	0.04 mi	-	3	Flat
£4,983	10/24	0.06 mi	Clarendon Court, Maida Vale, Maida Vale, W9	3	Flat
£2,600	10/24	0.09 mi	Maida Vale, Maida Vale, London, W9	3	Flat
£3,900	02/25	0.1 mi	-	3	Flat
£2,799	10/24	0.1 mi	Maida Vale, London, W9	3	Flat
£5,499	06/24	0.1 mi	Hall Road, London, NW8	3	Flat
£5,000	07/24	0.1 mi	Hamilton Terrace, St John's Wood, NW8	3	Flat
£5,417	07/24	0.1 mi	Hamilton Terrace, London, NW8	3	Flat
£2,999	10/24	0.1 mi	Maida Vale, London, W9	3	Flat
£4,333	07/24	0.11 mi	Hall Road, St John's Wood, London, NW8	3	Flat
£4,550	03/25	0.12 mi	-	3	Flat
£7,999	01/25	0.13 mi	-	3	Flat
£4,300	03/25	0.13 mi	-	3	Flat
£4,300	03/25	0.13 mi	-	3	Flat
£4,767	10/24	0.13 mi	Maida Vale, London, W9	3	Flat
£10,617	06/24	0.14 mi	Hall Road, St John's Wood, London NW8 9RD	3	Flat
£10,617	06/24	0.14 mi	Hall Road, St John's Wood, NW8	3	Flat
£5,200	06/24	0.14 mi	Hamilton Terrace, London, NW8	3	Flat
£10,617	06/24	0.14 mi	Hall Road, St John's Wood, London, NW8	3	Detached House
£5,178	10/24	0.14 mi	Elgin Avenue, London, W9	3	Flat
£3,150	12/24	0.16 mi	-	3	Terraced House
£5,001	08/24	0.16 mi	63 Hamilton Terrace, St Johns Wood, London, NW8	3	Flat
£4,350	10/24	0.17 mi	-	3	Flat
£4,650	02/25	0.17 mi	-	3	Flat
£3,250	10/24	0.19 mi	Randolph Avenue, Maida Vale, London, W9	3	Flat
£6,500	10/24	0.2 mi	Sutherland Avenue, Maida Vale, W9	3	Terraced House
£3,467	10/24	0.2 mi	Elgin Avenue, Maida Vale, W9	3	Flat
£5,200	10/24	0.2 mi	Maida Vale, London, W9	3	Flat
£5,300	10/24	0.2 mi	-	3	Flat
£5,612	10/24	0.2 mi	Clive Court, Maida Vale,London W9	3	Flat
£5,612	10/24	0.21 mi	Maida Vale W9	3	Flat
£3,250	10/24	0.21 mi	Elgin Avenue, Maida Vale, W9	3	Flat
£3,683	10/24	0.21 mi	Lauderdale Road, London, W9	3	Flat
£4,311	10/24	0.21 mi	Clive Court, Maida Vale, London, W9	3	Flat
£5,611	10/24	0.22 mi	Maida Vale, Maida Vale, London, W9	3	Flat
£17,333	10/24	0.22 mi	Randolph Avenue, London, W9	3	Flat
£3,100	06/24	0.22 mi	Hall Road, London, NW8	3	Flat
£5,481	10/24	0.22 mi	Maida Vale, London	3	Flat
£5,482	10/24	0.22 mi	Clive Court, Maida Vale, London	3	Flat
£4,312	10/24	0.22 mi	Ciive Court Maida Vale W9	3	Flat
£4,600	03/25	0.22 mi	-	3	Flat
£5,612	10/24	0.22 mi	Clive Court, Maida Vale, W9	3	Flat
£4,767	10/24	0.22 mi	Clive Court, Maida Vale, London, W9	3	Flat
£4,312	10/24	0.22 mi	Maida Vale, London	3	Flat
£5,612	10/24	0.22 mi	Clive Court, Maida Vale, London, W9	3	Flat
£5,612	10/24	0.22 mi	Maida Vale, London	3	Flat
£5,612	10/24	0.22 mi	Clive Court, Maida Vale, London, W9	3	Flat
£5,612	10/24	0.22 mi	Maida Vale, London, W9	3	Flat
£5,612	10/24	0.22 mi	Clive Court, Maida Vale, W9	3	Flat

Local Area Statistics

Population in W9	37,72437,724
Population in London	4,771,9214,771,921
Town centre distance	3.32 miles away3.32 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.12 miles away0.12 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-3%-3%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+12%+12%

Property History

Listed for £580,000

February 17, 2025

Floor Plans

Description

Three Bedrooms +
Balcony +
Lift +
Wooden Floors +
Amenities +
Transport Links +
Little Venice Canal +
Paddington Recreation Ground +

A bright three-bedroom apartment with a balcony, eat-in kitchen, great storage and lift in Maida Vale, in close proximity to cafés, shops and the tube station. This purpose-built property is set-back and the reception and two of the three bedrooms have a south-westerly aspect over leafy Lanark Road. There is an abundance of natural light throughout the property. The reception and two of the three bedrooms benefit from wooden floors. The accommodation includes a separate kitchen, a bathroom and a cloakroom.

An array of local amenities, including quaint eateries and Paddington Recreation Ground, featuring tennis courts, a running track, a gymnasium, football pitches, green spaces, a rose garden and a bluebell garden, are withing a few minutes’ walk. The picturesque canal at Little Venice is within a leisurely stroll, as is Clifton Road, Formosa Street and St John’s Wood High Street. The location is very well connected via the tube-and-bus network to the City and to the West End, as well as to Paddington for the Heathrow Express and the Elizabeth line.

Tenure: Leasehold expires September 2107
Service Charge: £1,217.65 every six months
Ground Rent: £10 per annum
Local Authority: City of Westminster
Council Tax: Band D

Agent Details

CENTURY 21 Sophia Elena, London

020 3867 7002

Next Steps?

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