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Craven Hill, Notting Hill

London

£1,695,000
Listed on 02/08/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1033 sqft

Description

This freehold house offers a prime opportunity for those looking to invest in the desirable Bayswater area. With a south-facing garden and off-street parking, the property is currently arranged over two levels, presenting an ideal canvas for renovation. There is considerable potential for expanding the living space both upwards and downwards, subject to obtaining planning permission. The ground floor features a spacious reception and dining area that opens directly onto the garden, creating a seamless indoor-outdoor flow. A separate kitchen and a WC complete this level, while upstairs you’ll find two generous double bedrooms, each with en-suite bathrooms. The principal bedroom also has access to a private terrace, enhancing its appeal as a personal retreat. Located on Craven Hill, this home benefits from its proximity to Craven Hill Gardens and the various amenities available in both Bayswater and Paddington. Excellent transport connections are nearby, with Lancaster Gate offering access to the Central line, while Paddington Station provides further options including the Elizabeth line, Circle line, District line, and Heathrow Express. Additionally, Hyde Park's expansive green spaces are just a short stroll away. This property not only offers comfortable living but also the potential for substantial value appreciation through thoughtful renovations and extensions in this sought-after location.

Investment Analysis

(W2 area)

Above Market Value

This property is priced +36.7% above area average per sq ft

+36.7%
This Property
£1,641/sq ft
Area Average
£1,200/sq ft
Avg Rent (weekly)
£1,121
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,364,015
10% above area average per sq ft
Potential ROI
-23.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
2%
Properties sold annually

Local Market Trend (W2)

Area prices are falling by +22.0% over the last 12 months
3 year growth: -21.2%
5 year growth: -23.0%
Investment Disclaimer: Analysis based on W2 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

Craven Hill, Notting Hill
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£6,209
Based on a loan of £1,271,250 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.

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