Guide price
£500,000
6 bed block of flats for saleFlats 1 & 2, 23 Malvern Road, Maida Vale, London NW6
6 beds
Just added
Auction
Leasehold
About this property
Guide Price = £500,000+
**For Sale By Public Auction 10th June 2026 10:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Residential Investment Comprising Two Self-Contained Three Bedroom Flats over the First and Second Floors. When Fully Let on Nightly Rents the Total Combined Income is £91,980 Per Annum. A Third Flat on the Third Floor is Sold Off with a Ground Rent of £50 Per Annum.
Tenure
Leasehold. Both flats are held on a 125 year leases from 1st May 1988 (thus approximately 87 years unexpired).
Location
The property is situated on Malvern Road close to local shops and amenities. The open space of Paddington Recreation Ground is within easy reach. Transport links are provided by Maida Vale underground station (Bakerloo line) and Queen's Park rail station.
Description
The property comprises two self-contained three bedroom flats over the first and second floors with a total combined gia of approximately 1,222 sq ft.
Tenancy
The two self-contained flats are currently let on a nightly basis with an income of £91,980 per annum (assuming full occupancy each night).
Open House Viewings To Be Confirmed
**For Sale By Public Auction 10th June 2026 10:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Residential Investment Comprising Two Self-Contained Three Bedroom Flats over the First and Second Floors. When Fully Let on Nightly Rents the Total Combined Income is £91,980 Per Annum. A Third Flat on the Third Floor is Sold Off with a Ground Rent of £50 Per Annum.
Tenure
Leasehold. Both flats are held on a 125 year leases from 1st May 1988 (thus approximately 87 years unexpired).
Location
The property is situated on Malvern Road close to local shops and amenities. The open space of Paddington Recreation Ground is within easy reach. Transport links are provided by Maida Vale underground station (Bakerloo line) and Queen's Park rail station.
Description
The property comprises two self-contained three bedroom flats over the first and second floors with a total combined gia of approximately 1,222 sq ft.
Tenancy
The two self-contained flats are currently let on a nightly basis with an income of £91,980 per annum (assuming full occupancy each night).
Open House Viewings To Be Confirmed
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Monthly repayment
£2,501 per month
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More information
Tenure
Leasehold (87 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
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