58 Park West, Edgware Road, Paddington, London

Description

Investment opportunity comprising a self-contained ground floor flat, subject to an Assured Periodic Tenancy. By Order of Receivers.

Accommodation

Ground floor: reception room, kitchen, bedroom and shower room

Location

Situated on the south side of Edgware Road in the heart of the West End. Edgware Road station is 0.4 miles to the north. The A5 (Edgware Road) and A40 (Westway) are accessible. The shops and amenities of Paddington, Marylebone and Central London are within easy reach. Hyde Park is 0.2 miles to the south. Selfridges and Park Lane are also close by.

Tenure / Property Information

Investment Analysis

The supplied sold evidence comprises five leasehold flat/maisonette sales within Park West ranging from £440,000 to £570,000, including £541,000 on 9 July 2026. However, bedroom count, floor area, condition, exact unit details and sale comparability are not supplied, so a reliable subject-specific GDV cannot be established. The £200,000+ guide is materially below the observed sales but should not be treated as an independently supported valuation.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the Special Conditions, tenancy, lease, service-charge and management information, and obtaining an inspection. Treat as a due-diligence-led tenanted investment rather than relying on the guide price or unverified comparable sales.

Works Required

No refurbishment works are evidenced. Obtain the tenancy, lease, management information and inspection details before budgeting for any works; only verified defects should be costed.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed because the purchase cost beyond the guide, refurbishment requirement, rent and reliable GDV are not sufficiently evidenced. The long lease and peppercorn ground rent are positive stated features, but tenancy and management information remain outstanding.

Buy-to-Let Analysis

The flat is subject to an Assured Periodic Tenancy, but no passing rent or sufficiently specific rental evidence is supplied. BTL yield, cash flow and affordability cannot therefore be established. The tenancy terms, rent payment history, deposit position and statutory compliance should be reviewed.

Flip Analysis

The Park West sold evidence indicates completed sales between £440,000 and £570,000, but the units' sizes, bedroom counts and condition are not supplied. Resale GDV, selling costs, project costs and flip surplus therefore cannot be reliably calculated.

Investor Risks & Due Diligence

• The property is subject to an Assured Periodic Tenancy, so vacant possession is not evidenced.

• Passing rent, tenancy terms, arrears status and compliance information are not supplied.

• The sold comparables do not include bedroom count, floor area, condition or exact unit details, limiting valuation reliability.

• Condition and refurbishment requirements are not evidenced.

• Buyer premium, administration charges and other seller or third-party charges are not quantified.

• Service charges, reserve-fund liabilities and other leasehold management costs are not supplied.

Recommendation

Proceed only after reviewing the Special Conditions, tenancy, lease, service-charge and management information, and obtaining an inspection. Treat as a due-diligence-led tenanted investment rather than relying on the guide price or unverified comparable sales.

Strategy Rating

Analysis Confidence

There is useful address-level sold evidence and clear tenure/occupancy information, but no verified subject-specific floor area, comparable bedroom details, rent, condition, fees, service charges or detailed tenancy information.