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Flats 1 & 2, 23 Malvern Road, Maida Vale, London, NW6 5PS

Description

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.

Accomodation Schedule
PropertyFloorAccommodation
Flat 1FirstThree Bedrooms, Communal Kitchen and Bathroom
Flat 2SecondThree Bedrooms, Communal Kitchen and Bathroom
Flat 3ThirdSold off on a lease from 5th February 997 expiring on 5th January 2113 at a rent of £50pa rising to £250pa



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
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Flats 1 & 2, 23 Malvern Road, Maida Vale, London, NW6 5PS

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Affordability

Monthly repayments£2,508
Property: £ 500,000
Deposit: £ 50,000
Interest rate: 5.33%
Term: 30 years
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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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About Auction House London, Hampstead

5 Hampstead Gate, 1A Frognal, Hampstead, London, NW3 6AL
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Auction House London adopts a modern and dynamic approach to offering high quality auction facilities to both corporate and independent sellers and buyers in the Greater London area.

We understand the importance of the internet in the modern era of selling property and therefore market all of our auction properties online in addition to using the traditional offline methods.

Our forward thinking approach to auctions has been regularly applauded and we are very proud to be recognised as offering extremely high levels of customer service to all of our clients.

With a proven track record in residential and commercial investments and property auctions, the team offers a fresh and energetic approach to their auctions, providing a quality service that achieves the right results for all parties.

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Disclaimer - Property reference 347761. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House London, Hampstead. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House London, Hampstead on 020 3897 6030.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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