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See how verdicts workStudio flat · W10 6SY
For saleReduced £10k (−3.6%) on 2 SepListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated near to the world famous Portobello Road market and moments from Latimer Road (Circle & Hammersmith & City Line) station and an array of bars/deli's/restaurants along Bramley Road and Ladbroke Grove, this is an excellent opportunity to acquire a starter 271 sq.ft (25 sq.m) Ground Floor Flat within a purpose built block and comprising studio room with open plan kitchen, bathroom/wc and delightful 60ft x 30ft approx communal rear garden.
This very appealing flat is offered with no upper chain and has double glazed windows, laminate flooring, fitted wardrobes and Megaflo water system.
Tenure is Leasehold with an unexpired term of 150 years. Service charge £1300.00 per annum approx. Council Tax Band is 'B' (Kensington & Chelsea Council).
Communal Entrance Hall To Block Flat Entrance Studio Room (5.56m x 4.55m (to furthest point) (18'3 x 14'11 (t) With door to lobby and bathroom/wc, entryphone, laminate flooring, double glazed windows, radiator, high level mounted electric consumer unit, open access to : Open Plan Kitchen With inset sink and drainer, wall and base cupboards, work surface, tiled splashback, cooker point, plumbing for washing machine.
Rear Lobby With built in wardrobes, wash hand basin with cupboard under, tiled floor, built in cupboard with Megaflo water cylinder, folding door bathroom/wc.
Bathroom/Wc With white suite comprising bath and shower attachment with 'rainfall' shower head, folding screen, wc, storage shelf, towel radiator, tiled splashback and mirror, extractor fan.
Communal Rear Garden 60ft x 30ft (visual estimate). Tenure - Leasehold The tenure is Leasehold for a term of 189 years from 26th November 1987 (therefore 150 years unexpired).
Ground rent £10 per annum. Service charge £1300.00 per annum approx.
The operational condition of the services and appliances connected at the property have not been checked and as such no warranties are offered thereto.
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
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 63, Bramley Road, Ladbroke Grove, London
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