Cambridge Gardens, London
London
£159,000Guide Price
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
StudioType
StudioArea
431 sqftDescription
Offered at auction, this vacant top-floor studio flat is being sold on a new 125-year lease with a peppercorn ground rent. The accommodation extends to approximately 40 sq m (431 sq ft) and comprises an entrance hall, studio room, separate kitchen and bathroom with WC. The property is described as requiring updating, providing scope for refurbishment. The EPC rating is D and the council tax band is D.
Cambridge Gardens is within reach of the amenities of Ladbroke Grove, North Kensington, Notting Hill and Westfield Shepherds Bush. Transport options include local bus routes, road connections via the A40/M40 and A404, and Ladbroke Grove Underground station on the Circle and Hammersmith & City lines. Auction buyers should review the legal pack and any applicable buyer or seller fees before bidding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
68out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £159,000, this 431 sq ft studio is priced well below the local average on a £/sq ft basis, making the acquisition price a standout part of the opportunity. The top-floor flat has a long lease and vacant possession, with a new 125-year lease at a peppercorn ground rent offered on sale.
The visible work looks cosmetic: refresh the dated finishes, improve the compact kitchen and bathroom, and restore or replace the worn studio floorboards. The asking price is cheap versus local £/sq ft, but bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Acquire at a low asking price relative to local £/sq ft.
- Refresh the studio’s worn floorboards and dated finishes for a cleaner, more cohesive look.
- Benefit from vacant possession and a new 125-year lease at a peppercorn ground rent.
Key risks
None recorded.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£601
Based on a loan of £119,250 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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Indicative tax based on the asking price and the options you select.
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