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Elgin Avenue, London, W9

London

£350,000

Listed on 04/06/2026

Property Details

Bedrooms
1
Type
Apartment
Area
372 sqft

Description

This one-bedroom flat is situated on the second floor of a charming period conversion in central Maida Vale, W9. It presents an excellent opportunity for those looking to invest in a renovation project to craft a tailored living space. The layout includes an open plan kitchen and living area, both filled with natural light, creating a bright and welcoming atmosphere. While the property could benefit from modern updates, it already features wood flooring and a double bedroom equipped with wardrobes, along with a full bathroom. Its location is advantageous, being only a short walk from paddocks and public transport options like the Bakerloo line at Maida Vale tube station, making it ideal for both lifestyle and commuting. Paddington Recreation Ground is mere minutes away, enhancing the appeal of outdoor spaces nearby. With no chain involved in the sale, this flat offers a straightforward entry point into property ownership in this desirable London area.

Investment Analysis

(W9 area)

Below Market Value

This property is priced -2.8% below area average per sq ft

-2.8%
Potential saving
This Property
£941/sq ft
Area Average
£968/sq ft
Avg Rent (weekly)
£610
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£396,208
10% above area average per sq ft
Potential ROI
+5.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (W9)

Area prices are rising by +2.4% over the last 12 months
3 year growth: -6.8%
5 year growth: -2.5%
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

Elgin Avenue, London, W9
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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
£1,322
Based on a loan of £262,500 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.

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