Worst House on the Street Logo
357 King Street, Hammersmith, London, W6 9NH - Image 1
357 King Street, Hammersmith, London, W6 9NH - Image 2
357 King Street, Hammersmith, London, W6 9NH - Image 3
357 King Street, Hammersmith, London, W6 9NH - Image 4
357 King Street, Hammersmith, London, W6 9NH - Image 5
357 King Street, Hammersmith, London, W6 9NH - Image 6
357 King Street, Hammersmith, London, W6 9NH - Image 7
357 King Street, Hammersmith, London, W6 9NH - Image 8
357 King Street, Hammersmith, London, W6 9NH - Image 9
357 King Street, Hammersmith, London, W6 9NH - Image 10
357 King Street, Hammersmith, London, W6 9NH - Image 11

357 King Street, Hammersmith, London, W6 9NH

London

£675,000
Listed on 10/03/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

This end-of-terrace property presents a promising opportunity for investors and developers. It features a commercial unit on the ground floor, complemented by a two-bedroom flat situated on the first floor. Given its current configuration, there is notable potential for asset management strategies that could enhance rental income while also exploring possibilities to expand the building—such as adding additional residential units—pending necessary planning permissions. The property is strategically positioned within a bustling shopping parade, benefiting from a high footfall and visibility. The surrounding area includes major retailers like Sainsbury's Local and Tesco Express, alongside diverse local boutiques and independent shops, making it an appealing location for both commercial tenants and residents alike. Situated at the intersection of King Street and Black Lion Lane, the property offers advantageous transport links with Stamford Brook and Ravenscourt Park stations just approximately 0.3 miles away, providing access to London's District Line. This connectivity enhances its attractiveness as a residential or mixed-use investment. Currently generating an annual income of £27,000 from its existing tenancy arrangement, this property not only stands out due to its location but also due to its potential for future development, making it a compelling option for those looking to invest in an area with growth prospects.

Investment Analysis

(W6 area)
Area Average
£917/sq ft
Avg Rent (weekly)
£706
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (W6)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -0.9%
5 year growth: -14.0%
Investment Disclaimer: Analysis based on W6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

357 King Street, Hammersmith, London, W6 9NH
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,473
Based on a loan of £506,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE