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Powis Square, LONDON

London

£285,000

Listed on 01/06/2026

Property Details

Bedrooms
1
Type
Flat

Description

This long leasehold third-floor flat presents a promising opportunity for renovation and investment. With its location overlooking Powis Square, the property enjoys proximity to vibrant areas like Westbourne Grove and Portobello Road, enhancing its appeal for potential future tenants or buyers. The flat consists of a one-bedroom layout, alongside a reception room, kitchen, and bathroom/WC, all of which require updating to unlock their full potential. The property is being sold with full vacant possession and is available under a new 125-year lease at a peppercorn ground rent, making it an attractive prospect for those looking to invest in London’s dynamic market. Public transport options are readily available nearby, further increasing accessibility and desirability. This property represents an ideal blank canvas for creative renovation ideas that could significantly enhance its value.

Investment Analysis

(W11 area)
Area Average
£1,435/sq ft
Avg Rent (weekly)
£853
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (W11)

Area prices are falling by -9.8% over the last 12 months
3 year growth: -21.1%
5 year growth: -13.8%
Investment Disclaimer: Analysis based on W11 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

Powis Square, LONDON
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,077
Based on a loan of £213,750 over 30 years at 4.45% 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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