3-bedroom flat · W9 1LH
For saleReduced £50k (−4.8%) on 15 JulListed 631 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautiful Three bedroom, Two bathroom apartment on the third floor of this popular red brick mansion block opposite the open spaces of Paddington Recreation Ground.
The property has a reception room with balcony overlooking the Park, master bedroom benefiting from having a en-suite shower room as well as a balcony with stunning views over the communal gardens, second bedroom with ensuite bathroom, third bedroom, fully fitted eat-in-kitchen and a guest cloakroom.
Leith Mansions is ideally located in a quiet tree lined road located close to the shops and cafes of Lauderdale Parade as well as Maida Vale Underground Station (Bakerloo Line).
Share Of Freehold with 948 years lease, Service charge £4,400 pa, Ground rent £200 pa, Council Tax Band F. Sole agents.
Reception (reception) Bedroom (double) Bedroom (double) Bedroom (double) Kitchen (kitchen/dining) Exterior Balcony Bathroom Bathroom
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About 63, Leith Mansions, Grantully Road
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