We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · W9 1HT
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A characterful three bedroom raised ground floor apartment in a popular red brick mansion block with a communal garden.
This charming home offers approximately 989 sq ft of well-presented accommodation, comprising an entrance hallway, a generous 22 ft reception/dining room with bespoke storage, a separate kitchen, a principal bedroom with an en-suite shower room, a second double bedroom with extensive fitted wardrobes, a third bedroom/study, and a family bathroom.
Further benefits include the ability to apply for a residents' parking permit from Westminster City Council.
Biddulph Mansions is situated moments from the open spaces and sports facilities of Paddington Recreation Ground and the excellent selection of shops, cafés and restaurants on Elgin Avenue and Lauderdale Parade.
Maida Vale Underground station, serving the Bakerloo line, is just a short stroll away, providing convenient transport links across London.
Share of Freehold Date of Commencement of Lease: 29/09/1977 Original Length of Lease: 999 years Current Ground Rent: £100 per annum Approximate Service Charge (including any Sinking Fund Contribution): £8,500 per annum Council Tax Band: E
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About Elgin Avenue, London
Explore nearby