Basement, Saltram Crescent, City Of Westminster, London
London
£315,000Guide Price
Listed on 22/10/2026
Listed on 22/10/2026
The listing
Property details
Bedrooms
1Type
FlatFeatures
- Garden
Description
Offered at auction, this one-bedroom lower ground floor flat includes a rear garden and is arranged with a reception room, kitchen, bedroom and bathroom/WC. The property is described as requiring modernisation and is located in Maida Vale, close to shops, cafés, restaurants and supermarkets on Shirland Road and Salusbury Road. Paddington Recreation Ground and Queen's Park are nearby, while Queen's Park and Maida Vale stations provide transport connections across London.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
47out of 100
Grade ELow opportunity
Confidence: LOW
This is a light modernisation project in a sought-after Maida Vale setting, with a usable fitted kitchen, separate principal rooms and a rear garden offering scope to make the most of the outdoor space. The bathroom and carpets are more basic, so refreshed finishes could lift the presentation without the photographed interiors pointing to a major internal overhaul. The guide to the work is modest at £6,500–£15,000, though the garden’s condition is not established by the submitted photos.
The overall score is low, but that is not a verdict that the price is dear: the floor area is missing, so value against local £/sqf cannot yet be judged. As a lower-ground-floor flat, it is worth checking damp and drainage carefully, and the eventual value case remains hard to assess without the area and a stated resale figure.
Key opportunities
- Refresh the dated bathroom finishes and brown carpets to give the usable rooms a more current feel.
- Explore how the rear garden could be improved, with its present condition to be checked.
- Build on the clean, fitted kitchen and separate principal rooms rather than starting from a full internal overhaul.
Key risks
- Check for damp and drainage issues specific to the lower-ground-floor position.
- Without floor area or a listing-stated resale value, the value comparison and residual economics remain uncertain.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,190
Based on a loan of £236,250 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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