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First Avenue, London

London

£1,300,000
Listed on 08/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2035 sqft

Description

This spacious five-bedroom residence presents a unique opportunity for renovation and investment in a desirable area. Located just a short walk from the amenities along Askew Road, the property offers tremendous potential for those looking to customize their living space or enhance its value through thoughtful updates. The ground floor features a generous double reception room characterized by high ceilings, a charming bay window, and a feature fireplace that adds to its appeal. Adjacent to this versatile living space is an eat-in kitchen, which opens onto an east-facing patio garden—a promising area for outdoor enjoyment or further development. A utility room and a convenient w/c complete the ground level. Moving upstairs, the first floor comprises three well-sized double bedrooms alongside a family bathroom. The top floor adds two additional bedrooms, complemented by a shower room; one of these rooms boasts access to a delightful terrace that overlooks the rear garden. Situated away from the bustle of Uxbridge Road on the quieter east side of First Avenue, this home benefits from proximity to Wendell Park and Acton Park, along with excellent local schools. The vibrant local scene on Askew Road offers an array of shops and eateries, while Hammersmith and Westfield shopping center are easily accessible for further amenities. Public transport options are plentiful; the 607 bus route provides swift connections to the Shepherd's Bush Central Line tube station, while East Acton and White City stations are within walking distance. With its generous layout and prime location, this property not only serves as an excellent family home but also holds significant potential for enhancement or redevelopment in an area that continues to grow in popularity.

Investment Analysis

(W3 area)

Below Market Value

This property is priced -6.7% below area average per sq ft

-6.7%
Potential saving
This Property
£639/sq ft
Area Average
£685/sq ft
Avg Rent (weekly)
£516
Avg Yield
5.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£1,532,813
10% above area average per sq ft
Potential ROI
+13.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (W3)

Area prices are rising by +5.9% over the last 12 months
3 year growth: 4.3%
5 year growth: 4.0%
Investment Disclaimer: Analysis based on W3 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

First Avenue, London
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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
£4,762
Based on a loan of £975,000 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