12 Gibraltar House, 1-7 Connaught Road, London NW10 9AH
London
£195,000Guide Price
Listed on 23/10/2026
Listed on 23/10/2026
The listing
Property details
Bedrooms
N/AType
FlatDescription
Offered at auction, this second-floor self-contained flat is arranged with one bedroom, a reception room, a kitchen/breakfast room and a bathroom with WC. The listing describes the property as requiring modernisation and notes that it is vacant, with a 900-year lease and share of freehold.
The flat is close to local shops, cafes, bars and restaurants on the High Street and Craven Park Road. Roundwood Park and King Edward VII Park are nearby, with road connections via the A406 and A40. Harlesden and Willesden Junction stations provide local Underground and rail connections.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
40out of 100
Grade ELow opportunity
Confidence: LOW
This second-floor flat offers a clear modernisation canvas: the kitchen and bathroom have older finishes, while the reception room has worn carpet and stained, locally damaged wall surfaces to investigate and make good. The £42,000–£78,000 renovation range gives a sense of the project’s scale, with scope to refresh the finishes and create a more cohesive one-bedroom home. Its 900-year lease and share of freehold are notable positives, and local shops, parks and transport links are nearby.
The overall WHOTS score is 40/100 (Grade E), reflecting limited condition and fundamentals scores rather than a conclusion that the price is dear. Floor area is missing, so value against local £/sqf cannot yet be judged. The listing is an auction, so this is a guide price; bidding can take the hammer above the guide, meaning the eventual price may not stay at this level. The building facade is obscured by scaffolding, so its condition is not clear from the available notes.
Key opportunities
- Rework the dated kitchen finishes to give the kitchen/breakfast room a more current feel.
- Refresh the older bathroom suite and tiled finishes as part of a coordinated interior update.
- Make good the stained and damaged reception-room walls and replace the worn carpet, using the two visible windows to help shape a brighter living space.
Key risks
- The £42,000–£78,000 works range makes this a substantial multi-room programme rather than a cosmetic refresh; budget and programme should allow for investigation and making good the reception-room wall damage.
- Reception-room staining and localised wall damage need investigation before finalising the scope.
- The building facade is obscured by scaffolding, limiting assessment of its exterior condition.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£737
Based on a loan of £146,250 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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