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Elgin Avenue, Maida Vale W9 - Image 1
Elgin Avenue, Maida Vale W9 - Image 2
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Elgin Avenue, Maida Vale W9

London

£250,000
Listed on 15/02/2026

Property Details

Bedrooms
1
Type
Flat
Area
439 sqft

Description

This second-floor flat in the desirable area of Maida Vale presents a prime opportunity for renovation and investment. The property, which features a long leasehold, consists of one bedroom, a reception room, a kitchen, and a bathroom/WC across approximately 41 square meters (439 sq ft). Given its need for general updating, it offers significant potential to enhance value through thoughtful improvements. Located near the convenient transport links of Maida Vale Underground Station and local amenities including shops and restaurants on Lauderdale Road, this flat is well-positioned for both residential living and rental appeal. The full vacant possession allows for immediate renovation efforts, making it an attractive proposition for those looking to make their mark in London’s competitive property market.

Investment Analysis

(W9 area)

Below Market Value

This property is priced -40.8% below area average per sq ft

-40.8%
Potential saving
This Property
£569/sq ft
Area Average
£962/sq ft
Avg Rent (weekly)
£637
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£464,550
10% above area average per sq ft
Potential ROI
+68.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (W9)

Area prices are falling by -3.0% over the last 12 months
3 year growth: -8.8%
5 year growth: -4.5%
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, Maida Vale W9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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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