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3 bed flat for sale

£1,399,995

Hanover Gate Mansions, Park Road, London NW1

3 1 1
Interested in this property? Call 020 3463 6952 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

The Vendor will accept offers, and is looking for a quick sale. The apartment is a good sized, 3 bedroom apartment, situated in the basement of this imposing red brick mansion building, which measures approximately 1100 sq ft. The apartment is in need of renovation and benefits from a share of freehold, plus one parking space, and a resident porter and passenger lift.

Hanover Gate Mansions is located within close proximity of picturesque Regents Park. The property is located 0.5 miles from the excellent transport links at Baker Street Underground Station and for an easy stroll into Marylebone Village and St Johns Wood.

Property info

Market activity
Average price paid £1,129,713 Sales 338 Current average value £1,092,473 (Zoopla Zed-Index) Value change £53,603 ▲ 5.16%

Property value data/graphs for NW1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £3,554,273 £1,430 4.2 £6,500,000
Semi-detached £2,454,236 £1,180 3.9 £4,145,500
Terraced £2,049,099 £1,176 3.5 £2,314,638
Flats £854,628 £1,164 2.1 £799,571

Current asking prices in NW1

Average: £1,518,276
Avg. current asking prices in NW1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £582,843
(7)
£1,292,267
(18)
£1,843,886
(18)
£3,651,905
(21)
£5,160,000
(15)
Flats £572,031
(115)
£979,151
(229)
£1,649,192
(123)
£2,458,942
(54)
£2,161,238
(4)
All £572,651
(122)
£1,001,969
(247)
£1,674,046
(141)
£2,792,972
(75)
£4,528,681
(19)

Current asking rents in NW1

Average: £3,785 pcm
Avg. current asking prices in NW1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £2,767 pcm
(20)
£3,317 pcm
(23)
£4,629 pcm
(29)
£8,054 pcm
(12)
£34,791 pcm
(19)
Flats £2,039 pcm
(525)
£3,180 pcm
(636)
£5,356 pcm
(296)
£5,440 pcm
(95)
£10,053 pcm
(38)
All £2,066 pcm
(545)
£3,185 pcm
(659)
£5,292 pcm
(325)
£5,733 pcm
(107)
£18,299 pcm
(57)

Fun facts for NW1

Highest value in NW1
Highest value streets Zed-Index
Cambridge Gate £7,881,222
Chester Terrace £7,704,173
Kent Terrace £5,978,852
Regents Park Terrace £4,636,487
Brunswick Place £3,804,058
Highest turnover in NW1
Highest turnover streets Turnover
Hurdwick Place 50.0%
Park Village West 44.4%
Rossmore Road 40.0%
Chester Place 33.3%
Cliff Road 30.5%

What Zoopla users think of NW1

Overall rating:

  • currently 4.5 stars
Very good - 87% (162 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
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  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • London Marylebone (0.3 miles)
  • Marylebone (0.3 miles)
  • Baker Street (0.4 miles)
  • London City Airport (9.6 miles)
  • London Heathrow Airport (13.2 miles)
  • London Luton Airport (25.6 miles)
  • Savoy Pier (2.3 miles)
  • Embankment Pier (2.3 miles)
  • Festival Pier (2.5 miles)

Nearby schools

View all schools in Westminster
  • St Edward's Catholic Primary School (0.2 miles)
  • St John's Wood Pre-Preparatory School (0.3 miles)
  • Gateway Academy (0.3 miles)
  • City of Westminster College (0.6 miles)
  • Fine Arts College (1.3 miles)
  • The Working Men's College (1.4 miles)
  • Abingdon House School (0.2 miles)
  • Francis Holland School (0.2 miles)
  • Ark King Solomon Academy (0.4 miles)
Note: Distances are straight line measurements

Local info for Westminster

About the neighbours in NW1

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For more information about this property, please contact
Paddington Estates, W2 on 020 3463 6952 * (local rate)

Monthly running costs Beta

£4,696 Monthly total
Mortgage
Purchase price
Deposit (10%) 139,999
Repayment term 25
Interest rate 0.5
Your payment £4,468 /mo Find available rates

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £42/mo (£509/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £33 Electricity £40 Estimated energy cost £73/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 11400 kWh/year
Electricity: 3400 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Westminster

Estimated tax band E Council tax cost £82 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £16 Sewerage £15 Estimated water cost £31 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Paddington Estates about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Paddington Estates, and do not constitute property particulars. Please contact Paddington Estates for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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