2 bedroom flat for sale
£720,000
Formosa Street, Little Venice W9 Compare mortgages
Sold STC
Property features
- Development Potential
- 2 Bedrooms
- 2 Bathrooms
- Requires Full Refurbishment
- Sought After Location
- Close Amenities
Property description
Requiring complete modernisation, a two double bedroom converted apartment on the ground and lower ground floors of this period building along Formosa Street in Little Venice being within close proximity to Warwick Avenue tube station (Bakerloo Line) and the cafe's bars and boutiques of the surrounding area. Approached via a private entrance, the apartment has direct access to a patio garden. The possibility exists to re configure the present accommodation and offers the ingoing purchaser the opportunity to create a home of their own specification. Viewing is strongly advised.
For more information about this property, please contact
Compton Reeback Letting & Estate Agent, W9 on 020 3318 6584 (local rate)
Similar properties for sale nearby
This leasehold 2 bedroom flat, located in Formosa Street, Little Venice W9 is listed for sale for £720,000 . The current asking price is 12% lower than the average current value for properties on Formosa Street which is £819,166. There have been 0 property sales on Formosa Street in the last 3 years, with sold house prices averaging --. This property has 2 bedrooms, 1 reception and is located in Little Venice.
£576,636
Turnover: 15.7% What is Turnover?
£6,984 (-1.20%) £12,133 (-2.06%) £2,140 (0.37%) £18,120 (3.24%) £69,780 (13.77%) £8,661 (-1.48%) £51,222 (9.75%)
from
Property value data/graphs for W9
| Property type | Avg. current value | Avg. £ per sq ft. | Avg. # beds | Avg. £ paid (last 12m) |
|---|---|---|---|---|
| Detached | £2,797,902 | £241 | 4.1 | - |
| Semi-detached | £2,503,698 | £874 | 3.7 | £1,465,000 |
| Terraced | £1,003,449 | £665 | 3.3 | £963,861 |
| Flats | £513,943 | £689 | 2.1 | £546,922 |
Current asking prices in W9
| Property type | 1 bed | 2 beds | 3 beds | 4 beds | 5 beds |
|---|---|---|---|---|---|
| Houses |
£376,980 (5) |
£523,490 (10) |
£769,500 (10) |
£1,312,217 (9) |
£2,750,000 (1) |
| Flats |
£351,381 (95) |
£578,337 (153) |
£900,199 (63) |
£1,347,800 (5) |
- |
| All |
£352,661 (100) |
£574,972 (163) |
£882,295 (73) |
£1,324,925 (14) |
£2,750,000 (1) |
Current asking rents in W9
| Property type | 1 bed | 2 beds | 3 beds | 4 beds | 5 beds |
|---|---|---|---|---|---|
| Houses |
£1,755 pcm (5) |
£2,356 pcm (29) |
£2,993 pcm (17) |
£5,141 pcm (11) |
- |
| Flats |
£1,678 pcm (150) |
£2,747 pcm (287) |
£3,333 pcm (134) |
£5,370 pcm (18) |
£2,958 pcm (2) |
| All |
£1,681 pcm (155) |
£2,712 pcm (316) |
£3,295 pcm (151) |
£5,283 pcm (29) |
£2,958 pcm (2) |
Fun facts for W9
| Highest value streets | Zed-Index What is the Zed-Index |
|---|---|
| Randolph Road | £2,927,917 |
| Ashworth Road | £2,561,140 |
| Randolph Mews | £2,222,430 |
| Clifton Villas | £2,158,559 |
| Warwick Place | £1,694,972 |
| Highest turnover streets | Turnover What is Turnover? |
|---|---|
| Elgin Mews South | 46.2% |
| Shirland Mews | 37.9% |
| Bradiston Road | 37.8% |
| Elgin Mews North | 36.4% |
| Browning Close | 33.3% |
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