London's 'most derelict house' in Pindock Mews sold

The crumbling mews house in Maida Vale is located on Pindock Mews - the street where the late Sex Pistols guitarist Sid Vicious and his girlfriend Nancy Spungen famously lived.

After hitting the market in 2017 for a whopping £2.5 million, the one-bedroom property - described as having "more holes in the roof than Swiss cheese"  - struggled to sell.

But Noah Pearlman, consultant at Harding Green, has finally found a buyer.

Mr Pearlman, who has been looking after the property since day one, says he won't disclose the exact amount - but it isn't far off the full asking price of £1,950,000.

The house is located in Pindock Mews, Maida Vale (Image: Harding Green / SWNS)

He said: "I have been an estate agent for 17 to 18 years and it has been a particularly difficult sale.

"The vendor really didn’t want to sell it, so in my opinion it was always on for slightly more than it was worth.

"It was very much an emotional rollercoaster."

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He added that the condition of the house is "pretty awful" and has not changed much in the last four or five years - other than "a few more holes" appearing in the roof.

The estate agent said there were no glass in some of the windows and holes in the roof (Image: Harding Green / SWNS)

The buyers, who wished to remain anonymous, intend to create a contemporary home that retains the property's character and use it as their home.

Mr Pearlman estimates the new owners will need to spend roughly £750,000 on renovations and will likely convert it into a three-storey, three-bedroom home by adding a mansard roof.

Once the property has been developed its value should skyrocket to around £3 million, the estate agent predicts - mostly due to its location on "one of the best" streets in Maida Vale.

He said: "It did stand out quite a bit on that street, but I think that was part of its charm.

"It looked so out of place, but also so full of character in its own way.

"The new owners have got a lot of challenges to overcome to make this property in keeping with the street." 

The derelict mews house was on the market for seven years (Image: Harding Green / SWNS)

Reflecting on the moment that the property finally sold, Mr Pearlman said he had mixed emotions - after becoming so attached to the property and its owner over the years.

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He said: "Normally when a property is exchanged everyone is relieved, but this time it was sort of a bittersweet moment.

"The owner was delighted, but also sad to be moving away from a community he had been in for almost 40 years.

"If he had the funds to develop and futureproof that property, then he never would have moved.

"I will miss it. It has been part of my work life for a very long time.”