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Grittleton Road, London

London

£2,500,000
Listed on 30/01/2026

Property Details

Bedrooms
8
Type
House
Area
3724 sqft

Description

This substantial period terraced house, covering an impressive 3,726 sq ft, presents a unique investment opportunity with its current configuration of five self-contained flats. Situated on a tranquil side street off Elgin Avenue, the property spans five levels and consists of three two-bedroom flats and two one-bedroom flats, each equipped with a separate kitchen and bathroom. All units are currently tenanted under assured shorthold tenancies, offering immediate rental income while you explore enhancement options. The basement flat boasts an expansive 46 ft private garden complemented by a side return, along with direct access via its own entrance that includes additional storage space. The location is highly desirable, within walking distance to Maida Vale Underground station, the recreational amenities of Paddington Recreation Ground, and the charming canals of Little Venice lined with various cafés and restaurants. With potential for extension (subject to planning permissions), this property is ripe for renovation to maximize its capital value in a sought-after area.

Investment Analysis

(W9 area)

Below Market Value

This property is priced -30.1% below area average per sq ft

-30.1%
Potential saving
This Property
£671/sq ft
Area Average
£961/sq ft
Avg Rent (weekly)
£580
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£3,934,797
10% above area average per sq ft
Potential ROI
+43.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (W9)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -6.6%
5 year growth: -2.2%
Investment Disclaimer: Analysis based on W9 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

Grittleton Road, London
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£8,855
Based on a loan of £1,875,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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