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Penywern Road, London

London

£295,000
Listed on 28/04/2026

Property Details

Bedrooms
1
Type
Flat

Description

This long leasehold third floor flat presents an excellent opportunity for renovation and investment. Located on Penywern Road, it boasts a strategic position with convenient access to Earl’s Court London Underground stations and local bus services, ensuring easy connectivity throughout the city. The surrounding area offers a vibrant mix of shops, bars, and restaurants, with green spaces such as Philbeach Gardens and Kensington Gardens nearby. Inside, the accommodation comprises an entrance hall, one bedroom, a reception room, kitchen/diner, bathroom/WC, and a store room. The property requires updating but holds significant potential for enhancement or reconfiguration to increase value. With the option of acquiring a new 125-year lease at a peppercorn ground rent, this property is ideal for those looking to invest in a promising location while tailoring the space to their preferences.

Investment Analysis

(SW5 area)
Area Average
£1,167/sq ft
Avg Rent (weekly)
£702
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
2%
Properties sold annually

Local Market Trend (SW5)

Area prices are stable by -0.7% over the last 12 months
3 year growth: -18.8%
5 year growth: -13.4%
Investment Disclaimer: Analysis based on SW5 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

Penywern 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
£1,045
Based on a loan of £221,250 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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