Description
Greville Place NW6 flats present a rare investment opportunity in one of London’s most coveted postcodes. Firstly, this freehold, Grade II listed building at 1 Greville Place comprises three generous two-bedroom flats across lower ground, raised ground and first floors. Moreover, totaling approximately 2,539 sq ft (236 sq m) of internal space. Secondly, the property requires comprehensive refurbishment. In addition investors can unlock substantial capital growth by targeting mid-range to premium heritage finishes. First, the ground-floor flat (833 sq ft) benefits from high ceilings and original sash windows, secondly, the raised-ground (793 sq ft) boasts deep principle rooms, and the first-floor (865 sq ft) offers panoramic treetop views. Prior consents for underpinning and window replacement streamline the upgrade path, while the freehold status provides long-term control. Positioned minutes from Queens Park and Little Venice, this building is ideal for buy-to-let portfolios or owner-occupier conversion into single-family dwelling. Investors can leverage professional heritage contractors to execute a Phase 1 preservation plan and then reposition each flat at £1,100–£1,300 per sq ft, targeting a total post-renovation value of £2.74 M–£3.24 M. Projected rental income ranges from £90,000 to £126,000 p.a., yielding net returns of 2.5%–3.8% after costs. Internal amenities include potential for private garden extensions at lower-ground level and basement storage; communal enhancements could include cycle parking and EV charging bays. A strategic London Area Guide internal link is provided below for broader market context. Key Takeaway: Investor opportunity to acquire a freehold Grade II listed building at 1 Greville Place, NW6, arranged as three self-contained 2-bed flats (total GIA 2,539 sq ft) with full refurbishment potential and significant upside.Street View
[caption id="attachment_16587" align="alignleft" width="1024"]
Property for sale A two-story white Grade II listed London house with overgrown green bushes and vines covering much of the exterior, set on a quiet street corner near Greville Place NW6 flats, surrounded by tall trees and a wooden fence. Presented by Palace Auctions[/caption]
1 Greville Place, NW6 – Grade II listed facade
Income & Investment Analysis
Key metrics for three scenarios (including 15% contingency fund on renovation) are below:| Scenario | Investment Cost | Post-Renovation Value | Net Yield | Capital Gain | Break-Even Years |
|---|---|---|---|---|---|
| Best Case | £2,488,520 | £3,238,300 | 3.8% | +30% | 22 |
| Most Likely | £2,583,510 | £2,740,100 | 3.1% | +6% | 28.5 |
| Worst Case | £2,678,500 | £2,366,450 | 2.5% | –8% | 37.5 |
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[caption id="attachment_16588" align="alignleft" width="550"]  Property for sale A dashboard with four investment analysis charts compares financial metrics for scenarios from Conservative to Premium, spotlighting a Grade II listed London refurbishment opportunity and Greville Place NW6 flats. Presented by Palace Auctions[/caption]
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| Investment Analysis Dashboard: cost vs value, yields & break-even |
