Affordable studio with character and clear refurbishment upside for investors..
High ceilings and bay window give strong character and light
Leasehold with ~105 years remaining, small ground rent £150 pa
Requires renovation; modernization will increase rental/value potential
Electric room heaters; likely higher running costs until upgraded
Solid brick construction; assumed no insulation to be addressed
No service charge reported; straightforward ongoing expense profile
Excellent transport links: Thameslink, Jubilee and Overground nearby
Area has above-average crime; security and tenant checks advised
This bright studio sits on a quiet, residential stretch of Fordwych Road and offers straightforward rental potential for investors or first-time landlords. High ceilings, a bay front and an integrated kitchen give the apartment character and easy lettability after cosmetic updating.
The flat requires renovation — cosmetic and possibly some fabric work — so there is scope to add value through modernization. Heating is by electric room heaters and the building appears to have solid brick walls with no known insulation, which could mean increased running costs until upgraded. Leasehold with approximately 105 years remaining, a small ground rent and no service charge keeps ongoing costs clear.
Transport links in the area are strong, with Thameslink and Jubilee/Overground connections within walking distance, supporting consistent commuter demand. Local amenities, cafés and several highly rated schools add to rental appeal for established renting families and professionals.
Be upfront that the property sits in an area with above-average crime statistics; suitable security measures and tenant screening will be important. For an investor prepared to refurbish, this studio offers an affordable entry into NW2 with clear upside following a planned modernization.