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5 bed flat for sale

£7,999,999 (£2,759/sq. ft) Offers in region of

Park Street, London W1K

5 4 2 2,900 sq. ft*
Interested in this property? Call +44 20 8033 8691 * or Request Details

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

Property description

Refurbishment opportunity

Stunning south facing lateral 5th floor penthouse apartment.

In a small very desirable portered building in the heart of May Fair.

The apartment requires total refurbishment and boasts spacious living accommodation and staff quarters.

A must see one off opportunity

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £2,101,974 Sales 243 Current average value £1,976,960 (Zoopla Zed-Index) Value change -£14,648 ▼ -0.73%

Property value data/graphs for W1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £5,197,275 - - -
Semi-detached £4,548,725 - - -
Terraced £4,069,868 - - £3,768,076
Flats £1,722,460 - - £2,005,108

Current asking prices in W1

Average: £2,516,882
Avg. current asking prices in W1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,833,750
(8)
£2,199,375
(8)
£2,953,104
(24)
£4,670,000
(5)
£6,982,778
(9)
Flats £971,971
(164)
£1,907,797
(289)
£3,283,021
(177)
£3,471,556
(45)
£7,799,958
(12)
All £1,012,054
(172)
£1,915,651
(297)
£3,243,628
(201)
£3,591,400
(50)
£7,449,738
(21)

Current asking rents in W1

Average: £6,580 pcm
Avg. current asking prices in W1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £4,964 pcm
(29)
£4,879 pcm
(36)
£9,027 pcm
(28)
£10,368 pcm
(22)
£13,952 pcm
(21)
Flats £3,693 pcm
(1,136)
£5,873 pcm
(1,195)
£12,351 pcm
(343)
£15,251 pcm
(71)
£121,652 pcm
(17)
All £3,725 pcm
(1,165)
£5,844 pcm
(1,231)
£12,100 pcm
(371)
£14,096 pcm
(93)
£62,134 pcm
(38)

Fun facts for W1

Highest value in W1
Highest value streets Zed-Index
Farm Street £7,251,263
North Row £5,956,705
South Street £5,883,793
Upper Brook Street £5,393,405
Davies Street £5,317,639
Highest turnover in W1
Highest turnover streets Turnover
Soho Square 34.6%
Westmoreland Street 30.0%
Wheatley Street 28.6%
Shouldham Street 28.1%
Grosvenor Hill 26.7%

What Zoopla users think of W1K

Overall rating:

  • currently 3.5 stars
Good - 73% (39 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 3.5 stars
Transport & travel

Rate W1K:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Marble Arch (0.2 miles)
  • Bond Street (0.3 miles)
  • Hyde Park Corner (0.6 miles)
  • London City Airport (9.1 miles)
  • London Heathrow Airport (13.4 miles)
  • London Gatwick Airport (25.2 miles)
  • Embankment Pier (1.5 miles)
  • Westminster Millennium Pier (1.5 miles)
  • Savoy Pier (1.5 miles)

Nearby schools

View all schools in Westminster
  • St George's Hanover Square CofE Primary School (0.3 miles)
  • St Vincent's Catholic Primary School (0.5 miles)
  • Hampden Gurney CofE Primary School (0.6 miles)
  • Harris Westminster Sixth Form (1.3 miles)
  • CATS College London (1.5 miles)
  • Lansdowne College (1.5 miles)
  • Wetherby Senior School (0.5 miles)
  • The Sylvia Young Theatre School (0.5 miles)
  • Queen's College London (0.6 miles)
Note: Distances are straight line measurements

Local info for Westminster

About the neighbours in W1K

AskMe Q&A for Westminster

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

Arrange Viewing

For more information about this property, please contact
Elegant Homes London, W1J on +44 20 8033 8691 * (local rate)

Monthly running costs Beta

£29,082 Monthly total

Mortgage

Purchase price
Deposit (10%) 799,999
Repayment term 25
Interest rate 1.5
Your payment £28,795 /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 £47 Electricity £63 Estimated energy cost £110/mo

Similar properties could save up to £370

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: 15500 kWh/year
Electricity: 5300 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Westminster

Estimated tax band H Council tax cost £138 /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 £21 Sewerage £18 Estimated water cost £39 /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 Elegant Homes 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 Elegant Homes London, and do not constitute property particulars. Please contact Elegant Homes 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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