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Grittleton Road, London

London

£2,500,000
Listed on 01/02/2026

Property Details

Bedrooms
8
Type
Detached house
Area
3724 sqft

Description

This substantial freehold terraced house, spanning an impressive 3,726 sq ft, presents a unique opportunity for investors and developers alike. Comprising five self-contained flats, the property is spread across five levels, featuring three two-bedroom units and two one-bedroom units, each equipped with their own kitchens and bathrooms. Currently occupied under assured shorthold tenancies, these flats offer immediate rental income while also presenting significant potential for enhancement or reconfiguration to maximize space and value. The basement flat boasts a generous 46 ft private garden along with additional side return space, complemented by a separate entrance that includes storage options and a small front patio. Nestled on a tranquil side street just off Elgin Avenue, this property is ideally located near Maida Vale Underground station and offers easy access to local amenities such as Paddington Recreation Ground and the picturesque canals of Little Venice with their vibrant cafés and restaurants. With potential for extension (subject to planning permissions), this investment provides an exciting canvas for renovation in a sought-after area of London.

Investment Analysis

(W9 area)

Below Market Value

This property is priced -30.2% below area average per sq ft

-30.2%
Potential saving
This Property
£671/sq ft
Area Average
£962/sq ft
Avg Rent (weekly)
£637
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£3,940,737
10% above area average per sq ft
Potential ROI
+48.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (W9)

Area prices are falling by -3.0% over the last 12 months
3 year growth: -8.8%
5 year growth: -4.5%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£9,017
Based on a loan of £1,875,000 over 30 years at 4.06% 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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