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2 bed flat for sale

£675,000 (£743/sq. ft) Offers over

Portman Square, Marylebone, London W1H

2 1 909 sq. ft*
Interested in this property? Call +44 20 8033 9305 * or

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

Property features

  • 2 Bedrooms
  • Reception Room & Dining Room
  • 2nd Floor with Lift
  • 24 Hour Porter
  • Garden Views
  • Lease: 15 years
  • Requires some Updating

Property description

Palmstar London are proud to present this 2 bedroom apartment for sale situated on a middle floor in a popular purpose-built block in Portman Square. The apartment, which measures 909 square feet, requires some modernisation and is currently laid out as a 2 bedroom, 1 bathroom. It can be reconfigured as a 2 bedroom 2 bathroom apartment. The reception room and both bedrooms are very bright with 5 south facing windows overlooking the gardens at the front of the building.

The lease has approximately 15 years remaining, and the purchaser will have the right to apply to extend the lease immediately upon purchase. This apartment is an excellent opportunity for someone looking to add value.

15 Portman Square is a highly sought-after purpose-built art-deco 1930's block situated on the north side of Portman Square. The building has excellent security with 24-hour porters, and residents have access to the private Portman Square gardens, which also include a tennis court. The building benefits from lifts and communal heating and hot water.

Portman Square is positioned to the north of Oxford Street and benefits from an array of local amenities. The world-renowned department store Selfridges is moments away as well as Marks and Spencer's and the shopping along Oxford Street. Michelin starred restaurants in Mayfair and along Park Lane are also a short walk away. Portman Square is on the west side of Marylebone on The Portman Estate and benefits from the boutique shops and local restaurants found in The Portman Village. The open spaces of Hyde Park are a few minutes away.

Residents parking can be found outside the building, otherwise transport links include Bond Street and Marble Arch Underground stations, both of which are within a 5 minute walk, providing access across London and to The City within 10-15 minutes. London Heathrow is 30 minutes away by train, and St. Pancras International is 15 minutes. Euston and Marylebone stations are within a 10 minute drive.

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £2,009,156 Sales 240 Current average value £1,798,166 (Zoopla Zed-Index) Value change -£37,332 ▼ -2.03%

Property value data/graphs for W1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £4,387,365 - - -
Semi-detached £3,995,662 - - £1,360,000
Terraced £3,704,215 - - £3,276,428
Flats £1,568,355 - - £1,943,345

Current asking prices in W1

Average: £2,310,199
Avg. current asking prices in W1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £2,486,990
(5)
£2,413,545
(11)
£3,646,071
(14)
£4,586,250
(4)
£8,703,571
(7)
Flats £1,027,856
(158)
£1,956,957
(222)
£2,868,624
(151)
£3,272,337
(47)
£5,654,494
(11)
All £1,072,614
(163)
£1,978,513
(233)
£2,934,589
(165)
£3,375,389
(51)
£6,840,246
(18)

Current asking rents in W1

Average: £7,327 pcm
Avg. current asking prices in W1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £4,105 pcm
(24)
£4,453 pcm
(30)
£10,485 pcm
(33)
£9,868 pcm
(11)
£23,008 pcm
(12)
Flats £4,178 pcm
(948)
£5,848 pcm
(1,108)
£13,114 pcm
(293)
£26,257 pcm
(52)
£132,871 pcm
(16)
All £4,176 pcm
(972)
£5,811 pcm
(1,138)
£12,848 pcm
(326)
£23,395 pcm
(63)
£85,787 pcm
(28)

Fun facts for W1

Highest value in W1
Highest value streets Zed-Index
Farm Street £6,618,211
North Row £5,651,419
South Street £5,348,740
Upper Brook Street £4,904,233
Davies Street £4,825,052
Highest turnover in W1
Highest turnover streets Turnover
Wheatley Street 35.7%
Soho Square 34.6%
Brown Street 27.8%
Grosvenor Hill 26.7%
Picton Place 26.3%

What Zoopla users think of W1H

Overall rating:

  • currently 4.5 stars
Very good - 86% (34 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
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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

  • Marble Arch (0.2 miles)
  • Bond Street (0.3 miles)
  • Baker Street (0.5 miles)
  • London City Airport (9.1 miles)
  • London Heathrow Airport (13.4 miles)
  • London Gatwick Airport (25.5 miles)
  • Embankment Pier (1.6 miles)
  • Savoy Pier (1.6 miles)
  • Westminster Millennium Pier (1.7 miles)

Nearby schools

View all schools in Westminster
  • St Vincent's Catholic Primary School (0.2 miles)
  • Connaught House School (0.3 miles)
  • Hampden Gurney CofE Primary School (0.4 miles)
  • City of Westminster College (0.9 miles)
  • Fashion Retail Academy (1.0 mile)
  • CATS College London (1.4 miles)
  • Wetherby Senior School (0.2 miles)
  • Halcyon London International School (0.3 miles)
  • The Sylvia Young Theatre School (0.3 miles)
Note: Distances are straight line measurements

Local info for Westminster

About the neighbours in W1H

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Palmstar London, W1H on +44 20 8033 9305 * (local rate)

Monthly running costs Beta

£2,603 Monthly total

Mortgage

Purchase price
Deposit (10%) 67,500
Repayment term 25
Interest rate 1.5
Your payment £2,429 /mo How Much Could I Borrow

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.

Energy

Gas £27 Electricity £37 Estimated energy cost £64/mo

Similar properties could save up to £246

How Much Could I Save? 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: 9500 kWh/year
Electricity: 2800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Westminster

Estimated tax band E Council tax cost £84 /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 £13 Sewerage £13 Estimated water cost £26 /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 Palmstar London 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 Palmstar London, and do not constitute property particulars. Please contact Palmstar London 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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