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1 bed flat for sale

£360,000 Guide price

Ladbroke Grove, London W10

Interested in this property? Call 020 3641 1750 * or

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Property features

  • For sale by auction
  • Investment flat
  • Number of Bedrooms: 1

Property description

Lot 63 - This lot is for sale by auction as lot 63 on 30th March 2017.

A Leasehold Self-Contained Third Floor Flat subject to an Assured Shorthold Tenancy

Current Gross Rent Reserved £16,200 per annum (equivalent)

Leasehold. The property is held on a lease for a term of 125 years from 29th March 2005 (thus having approximately 113 years remaining) at a current ground rent of £250 per annum, doubling every 25 years.

The property is situated on the north-east side of Ladbroke Grove, to the south of its junction with Cambridge Gardens. Local shops and amenities are readily available on Ladbroke Grove, with the more extensive facilities of Portobello Road and its famous street market being accessible to the south-east. London Underground services run from Ladbroke Grove Station (Hammersmith & City and Circle Lines), providing services to Paddington with a journey time of approximately 12 minutes. The B450 allows access to the A402, which leads to the A3220 which in turn leads to the A40. The open spaces of Hyde Park are to the south-east and Wormwood Scrubs Park is to the north-west.

The property comprises a self-contained third floor flat situated within a building arranged over ground and three upper floors.

The property was not internally inspected by Allsop. The following information was provided by the Vendor. We are informed that the property provides:Two Rooms, Kitchen, Bathroom

The property is subject to an Assured Shorthold Tenancy for a term of 12 months from 25th April 2016 at a current ground rent of £1,350 per calendar month.

To View
The property will be open for viewing every Wednesday before the Auction between 10.00 – 10.30 a.M. These are open viewing times with no need to register. (Ref: Ud).

Seller's Solicitor

Messrs Sherrards llp (Ref: Mr A Mao). Tel: Email: Antony.Mao@sherrards.Com

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'tba', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at: Please check regularly for updates. Lots may be sold or withdrawn prior to auction.

Property info

Market activity
Average price paid £871,708 Sales 158 Current average value £830,084 (Zoopla Zed-Index) Value change £7,224 ▲ 0.88%

Property value data/graphs for W10

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £5,215,330 £1,087 4.1 £4,700,000
Semi-detached £1,431,032 £936 3.3 £1,085,000
Terraced £1,200,718 £954 3.0 £1,071,650
Flats £641,428 £956 1.9 £700,079

Current asking prices in W10

Average: £963,892
Avg. current asking prices in W10
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £526,000
Flats £579,121
All £578,014

Current asking rents in W10

Average: £2,305 pcm
Avg. current asking prices in W10
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,300 pcm
£2,540 pcm
£3,333 pcm
£3,120 pcm
£7,042 pcm
Flats £1,573 pcm
£2,440 pcm
£2,717 pcm
£3,033 pcm
All £1,564 pcm
£2,461 pcm
£2,981 pcm
£3,091 pcm
£7,042 pcm

Fun facts for W10

Highest value in W10
Highest value streets Zed-Index
Finstock Road £2,523,709
Wallingford Avenue £2,187,884
St. Lawrence Terrace £2,051,151
Hewer Street £1,710,141
Oxford Gardens £1,508,866
Highest turnover in W10
Highest turnover streets Turnover
St. Michaels Gardens 31.2%
Galton Street 29.2%
Finstock Road 24.4%
Bracewell Road 21.4%
Brewster Gardens 20.9%

What Zoopla users think of W10

Overall rating:

  • currently 4 stars
Very good - 75% (88 ratings)

Ratings breakdown:

  • currently stars
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  • currently stars
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  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
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Schools & public services
  • currently stars
Transport & travel

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Nearby transport

  • Ladbroke Grove (0.1 miles)
  • Latimer Road (0.4 miles)
  • Westbourne Park (0.5 miles)
  • London Heathrow Airport (11.2 miles)
  • London City Airport (11.4 miles)
  • London Gatwick Airport (25.6 miles)
  • Cadogan Pier (3.0 miles)
  • Chelsea Harbour Pier (3.2 miles)
  • Putney Pier (3.5 miles)

Nearby schools

View all schools in Kensington and Chelsea
  • Chepstow House School (0.1 miles)
  • Thomas Jones Primary School (0.1 miles)
  • Bevington Primary School (0.3 miles)
  • Epic Learning (0.3 miles)
  • St Charles Catholic Sixth Form College (0.4 miles)
  • The Walmer Road School (0.4 miles)
  • Notting Hill Preparatory School (0.1 miles)
  • Instituto Espanol Canada Blanch (0.2 miles)
  • Golborne Children's Centre (0.3 miles)
Note: Distances are straight line measurements

Local info for Kensington and Chelsea

About the neighbours in W10

AskMe Q&A for Kensington and Chelsea

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For more information about this property, please contact
Allsop LLP, W1U on 020 3641 1750 * (local rate)

Monthly running costs Beta

£1,328 Monthly total
Purchase price
Deposit (10%) 36,000
Repayment term 25
Interest rate 0.5
Your payment £1,149 /mo Find available rates

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £28/mo (£341/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £21 Electricity £27 Estimated energy cost £48/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6900 kWh/year
Electricity: 2100 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Kensington and Chelsea

Estimated tax band B Council tax cost £84 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £9 Sewerage £10 Estimated water cost £19 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Allsop LLP about this property

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Allsop LLP, and do not constitute property particulars. Please contact Allsop LLP for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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