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14 bed end terrace house for sale

£4,000,000

Elgin Avenue, Maida Vale, London W9

14 10 9
Interested in this property? Call +44 20 8115 8362 * or Request Details

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Property features

  • Shops and amenities nearby

Property description

Highlights

Freehold Semi Detached block comprising 9 apartments
Well-appointed with electric heating
Fully tenanted and producing over £150,000 p.A.
Reflecting a Gross Initial Yield of 3.75%
Huge potential: Scope to add additional floor, and to create a two Storey Rear Extension
Good commuter links to Maida Vale and Paddington station

Property description
A period development of nine apartments and huge garden offering an excellent residential investment opportunity in the popular area of Maida Vale. It is arranged over 4 floors extending to approximately 3000 sq ft gia excluding the garden space area. Located within easy walking distance of the High Street and other amenities, the property is fully tenanted and producing a gross annual income of £150,000
Location
The building is centrally located with excellent transportation links with Maida Vale station (Bakerloo lone) circa 800m away and Westbourne Park Station (Circle and Hammersmith and City Line) being within 14 minutes walk from the building. Paddington station is 1.1 mile away, Edgware Road 1.3mile away
The property is within easy reach of many of London's top tourist attractions such as Regent’s canal, Little Venice, Lord’s cricket green, Marble Arch, Regent Park and Hyde Park. The building also lies within close proximity to Oxford Street as well as the popular and fashionable shopping destinations in Notting Hill, including Westbourne Grove and Portobello Market. There is also a wealth of nearby museums and other attraction
Planning and Development
Subject to planning and consent, scope to add a floor on top and to create a two Storey Rear Extension

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £994,810 Sales 216 Current average value £894,886 (Zoopla Zed-Index) Value change -£33,481 ▼ -3.61%

Property value data/graphs for W9

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £4,830,720 £1,360 4.2 £3,523,500
Semi-detached £3,689,552 £1,338 3.8 £2,696,250
Terraced £1,586,209 £1,027 3.3 £1,936,590
Flats £804,213 £1,107 2.1 £799,820

Current asking prices in W9

Average: £1,077,757
Avg. current asking prices in W9
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £319,994
(8)
£773,333
(3)
£1,864,188
(13)
£2,446,875
(16)
£3,162,772
(9)
Flats £527,492
(105)
£812,951
(267)
£1,226,004
(161)
£1,808,275
(18)
£1,400,000
(1)
All £512,801
(113)
£812,511
(270)
£1,273,684
(174)
£2,108,793
(34)
£2,986,495
(10)

Current asking rents in W9

Average: £2,735 pcm
Avg. current asking prices in W9
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,162 pcm
(4)
£3,716 pcm
(7)
£4,082 pcm
(10)
£4,593 pcm
(6)
£9,146 pcm
(8)
Flats £1,426 pcm
(320)
£3,279 pcm
(310)
£3,611 pcm
(152)
£6,136 pcm
(16)
£1,101 pcm
(1)
All £1,423 pcm
(324)
£3,289 pcm
(317)
£3,640 pcm
(162)
£5,715 pcm
(22)
£8,252 pcm
(9)

Fun facts for W9

Highest value in W9
Highest value streets Zed-Index
Randolph Road £4,396,711
Clifton Villas £4,253,261
Ashworth Road £3,679,573
Blomfield Road £2,532,693
Warwick Place £2,457,689
Highest turnover in W9
Highest turnover streets Turnover
Macroom Road 31.6%
Elgin Mews South 30.8%
Bradiston Road 28.2%
Fermoy Road 21.8%
Grantully Road 21.6%

What Zoopla users think of W9

Overall rating:

  • currently 4.5 stars
Very good - 88% (183 ratings)

Ratings breakdown:

  • currently 4.5 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 4.5 stars
Restaurants & shopping
  • currently 4.5 stars
Schools & public services
  • currently 5 stars
Transport & travel

Rate W9:

Tell us what you think of this area by rating these categories.
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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Westbourne Park (0.4 miles)
  • Maida Vale (0.5 miles)
  • Warwick Avenue (0.5 miles)
  • London City Airport (10.9 miles)
  • London Heathrow Airport (11.9 miles)
  • London Luton Airport (25.3 miles)
  • Cadogan Pier (3.2 miles)
  • Embankment Pier (3.4 miles)
  • Savoy Pier (3.5 miles)

Nearby schools

View all schools in Westminster
  • St Peter's CofE School (0.1 miles)
  • Essendine Primary School (0.2 miles)
  • Ark Atwood Primary Academy (0.2 miles)
  • Lansdowne College (1.0 mile)
  • Fine Arts College (2.0 miles)
  • Wac Arts College (2.2 miles)
  • Paddington Academy (0.2 miles)
  • Queen Elizabeth II Jubilee School (0.3 miles)
  • Westminster Academy (0.3 miles)
Note: Distances are straight line measurements

Local info for Westminster

About the neighbours in W9

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For more information about this property, please contact
RE/MAX Property Group, W8 on +44 20 8115 8362 * (local rate)

Monthly running costs Beta

£14,577 Monthly total

Mortgage

Purchase price
Deposit (10%) 400,000
Repayment term 25
Interest rate 1.5
Your payment £14,397 /mo How Much Could I Borrow

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.

Council Tax

Local authority

Westminster

Estimated tax band H Council tax cost £138 /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 £23 Sewerage £19 Estimated water cost £42 /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.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by RE/MAX Property Group, and do not constitute property particulars. Please contact RE/MAX Property Group 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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