Chesterton Road, London
London
£240,000Guide Price
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
1Type
FlatArea
441 sqftDescription
Offered at auction, this vacant second-floor flat is arranged with one bedroom, a reception room, a kitchen, a bathroom/WC and an entrance hall, extending to approximately 441 sq ft. The property is described as requiring updating. It is to be sold on a new 125-year lease with a peppercorn ground rent.
The flat is on Chesterton Road, within reach of amenities in Ladbroke Grove, North Kensington, Notting Hill and Westfield Shepherds Bush. Transport options include local bus services, road links via the A40/M40 and A404, and Ladbroke Grove Underground station. The EPC rating is C and the council tax band is D. Buyers should review the auction legal documentation and verify the property details and services before bidding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
66out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £240,000, this one-bedroom flat is priced well below the local average on a £/sq ft basis, making the asking price a clear acquisition opportunity. The dated interior offers a manageable improvement project: prepare and finish the worn boards, redecorate the marked walls, and refresh the older kitchen fittings. The visible period frontage appears generally intact, and the flat is offered with vacant possession on a new 125-year lease at a peppercorn ground rent.
The overall score is C: the price and project economics are strong, while the flat’s fundamentals are below average. It is being sold by auction, and bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Acquire below the local average £/sq ft and improve the value proposition through a light refurbishment.
- Prepare and finish the exposed boards and redecorate the marked, damaged wall finishes.
- Refresh the dated kitchen cabinetry and finishes while retaining the period character visible in the frontage.
Key risks
None recorded.
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Finance
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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
£907
Based on a loan of £180,000 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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