2-bedroom flat · W9 1JR
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set in a period conversion, this stunning well-presented third floor flat offers two double bedrooms, a semi open plan reception/kitchen with access to a private balcony.
The property also benefits from wooden flooring in the communal areas and sash windows throughout. Elgin Avenue is in the heart of Maida Vale.
The property is conveniently located within walking distance of several transportation links, including Maida Vale station (Bakerloo line), a myriad of restaurants, cafés and shops, and the green spaces of Paddington Recreation Ground.
Tenure: Share Of Freehold Lease Years Remaining: 998 Service Charge: £3,000 (Yearly) Annual Ground Rent: £0 Council Tax Band: E
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
FAQ
About Elgin Avenue, Maida Vale
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