Past Auction - See Local Market Data For Sales Info

Lauderdale Mansions, Lauderdale Road, Maida Vale - W9 1LZ

Guide Price: £1.3

Beds: 8
Type: Residential
Tenure: Leasehold

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Property Details

McHugh & Co describes this property as:

Head leasehold Ground Rents and Porters Flat. In Same Ownership For approximately 30 Years. City of Westminster. Situated off Elgin Avenue in this most sought after residential area close to the local shopping/travelling facilities of Maida Vale and St John’s Wood including Maida Vale Tube Station (Bakerloo Line).The property comprises a Head Leasehold Ground Rent Investment amounting to £17,250 per annum secured upon Seventy Eight Purpose Built Self-Contained Flats and a Porter’s Flat. Head Leasehold. The property is held on a lease for a term of 999 years from completion at a peppercorn ground rent. Note 1: There is Eleven Leases with valuable reversions in approximately 55 years. Note 2: A Full Ground Rent Schedule is available within the Legal Pack. Note 3: (Porter’s Flat) is a Two Bedroom basement Unit which is currently let at £15,000 per annum until 4th October 2023.Note 4: We understand that there is no obligation on the headlessee to provide porter accommodation. Note 5: The basement vaults and roofpsace leases will be retained by the seller within the freehold title. The Lessees have not elected to take up their rights of pre-emption under the terms of the Landlord and Tenant Act 1987. ...

Auction Details

Auctioneer:
McHugh & Co
Auction date:
- 14 Jul 2021
Venue:

For viewings, biddings or more information:

Go to the McHugh & Co Website

Local Market Data

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We are unable to find enough local data to provide good comparisons for this type of property. The data we are providing covers there average for -all- properties

Average sold price:

£1,040,000

Average asking price:

£995,500

Average price per sq/ft:

£1,087
Date Price Beds Address Distance (miles)
14 May 2021 £1,070,000 Flat 240, Lauderdale Mansions, Lauderdale Road, W9 1NQ 0.02
24 Mar 2021 £1,115,000 Flat 86, Lauderdale Mansions, Lauderdale Road, W9 1NF 0.10
12 Mar 2021 £1,225,000 Flat 33, Lauderdale Mansions, Lauderdale Road, W9 1LX 0.09
12 Feb 2021 £1,080,000 3 Flat 144, Lauderdale Mansions, Lauderdale Road, W9 1NG 0.05
20 Jan 2021 £575,000 1 Flat 194, Lauderdale Mansions, Lauderdale Road, W9 1NQ 0.05
11 Dec 2020 £725,000 2 Flat 219, Lauderdale Mansions, Lauderdale Road, W9 1LZ 0.01
01 Dec 2020 £1,030,000 3 Flat 19, Biddulph Mansions, Elgin Avenue, W9 1HZ 0.08
23 Oct 2020 £210,000 Flat 3, Lauderdale Mansions, Lauderdale Road, W9 1LX 0.05
12 Oct 2020 £915,000 3 Flat 27, Castellain Mansions, Castellain Road, W9 1HE 0.07
15 Sep 2020 £1,000,000 3 Flat 137, Castellain Mansions, Castellain Road, W9 1HG 0.07
15 Jul 2020 £1,100,000 2 Flat 88, Lauderdale Mansions, Lauderdale Road, W9 1NF 0.10
19 Jun 2020 £965,000 3 Flat 240, Castellain Mansions, Castellain Road, W9 1HD 0.07
29 Apr 2020 £1,085,000 Flat 13, Elgin Mansions, Elgin Avenue, W9 1JG 0.09
06 Apr 2020 £1,175,000 3 Flat 39, Elgin Mansions, Elgin Avenue, W9 1JQ 0.09
12 Mar 2020 £1,605,000 3 Flat 191, Lauderdale Mansions, Lauderdale Road, W9 1LY 0.04
10 Mar 2020 £1,600,000 4 Flat 115, Lauderdale Mansions, Lauderdale Road, W9 1LY 0.04
06 Mar 2020 £445,000 1 Flat 194a, Lauderdale Mansions, Lauderdale Road, W9 1NQ 0.01
06 Mar 2020 £1,495,000 4 Flat 133, Lauderdale Mansions, Lauderdale Road, W9 1LY 0.04
28 Feb 2020 £1,040,000 2 Flat 63, Biddulph Mansions, Elgin Avenue, W9 1HT 0.07
20 Jan 2020 £575,000 Flat 7, Welford Lodge, 116 - 118, Shirland Road, W9 2BT 0.06

We are unable to find enough local data to provide good comparisons for this type of property. The data we are providing covers there average for -all- properties

Average weekly rental: £590

Average yield: 3.1%

Weekly Rent Bedrooms Property Type distance (miles)
£630 3 flat 0.00
£725 3 flat 0.00
£298 1 flat 0.01
£895 3 flat 0.01
£692 2 flat 0.01
£330 1 flat 0.02
£760 2 flat 0.02
£650 2 flat 0.02
£725 3 flat 0.04
£1,384 5 terraced_house 0.04
£531 3 flat 0.04
£500 2 flat 0.04
£425 1 flat 0.05
£425 2 flat 0.05
£404 1 flat 0.05
£575 3 flat 0.06
£550 3 flat 0.06
£545 3 flat 0.06
£650 3 flat 0.06
£577 3 flat 0.06