Flat 108 Park West, Edgware Road, Paddington, London, W2 2QJ

Description

A Vacant Well Located Eighth Floor One Bedroom Flat. The property comprises an eighth floor one bedroom flat situated within a purpose built building arranged over ground and nine upper floors.

Accommodation

Eighth Floor: Reception Room, Kitchen, Bedroom, Bathroom.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Hyde Park are within easy reach. Transport links are provided by Lancaster Gate underground station (Central line).

Tenure / Property Information

Investment Analysis

The five supplied Park West leasehold flat sales range from £440,000 to £665,000. The three most recent sales range from £440,000 to £570,000, including £541,000 on 9 July 2026. As the evidence does not provide comparable flat sizes, floors, layouts, lease terms or condition, £541,000 is used as a provisional base GDV, with £440,000 to £570,000 as an evidence-supported scenario range. This is indicative only and not a formal valuation.

Investment Snapshot

Strategy Recommendation

Do not commit to a strategy from the supplied evidence alone. Prioritise legal-pack review, lease and service-charge information, physical inspection and independent rental/valuation evidence; proceed only if the all-in cost remains comfortably below supported resale value.

Works Required

No specific defects or refurbishment requirements are evidenced. The vacant flat should be inspected and any necessary cleaning, repairs, compliance works or redecoration should be costed only after reviewing the property and legal pack.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the provisional £541,000 base GDV, 75% refinance equates to £405,750. However, total acquisition and project costs cannot be calculated because refurbishment, taxes, finance, leasehold costs and disbursements are not supplied. The approximately 77-year lease and legal-pack terms require review before relying on refinance value.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The guide price is £265,000 plus the £1,800 administration fee, with any refurbishment, acquisition taxes, leasehold charges and other disbursements unquantified.

Flip Analysis

A potential value gap exists between the £265,000+ guide and the provisional £541,000 base GDV, but a reliable flip surplus cannot be calculated. Works, acquisition taxes, finance, selling costs, leasehold information and the comparability of the sold units are not evidenced.

Investor Risks & Due Diligence

• The sold comparables are not accompanied by sizes, layouts, floors, condition or individual lease details, so their comparability is uncertain.

• Approximately 77 years remain on the stated lease, which may affect mortgageability, resale and lease-extension considerations.

• No specific rental evidence is supplied, preventing yield and cash-flow assessment.

• Refurbishment requirements and costs are unknown because no condition information is provided.

• The £1,800 administration fee is payable, while buyer premium, taxes and any legal-pack disbursements are not quantified.

• The property is vacant, so there is no evidenced passing rent or tenancy income.

Recommendation

Do not commit to a strategy from the supplied evidence alone. Prioritise legal-pack review, lease and service-charge information, physical inspection and independent rental/valuation evidence; proceed only if the all-in cost remains comfortably below supported resale value.

Strategy Rating

Analysis Confidence

There are several same-building completed sales and a stated lease term, but the evidence lacks flat sizes, detailed comparability, condition, rental evidence, refurbishment costs, leasehold charges, taxes and disbursements.