2 bed flat for sale

£840,000

Gloucester Terrace, Lancaster Gate, London W2

2
Interested in this property? Call +44 20 8115 2461 * or

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

Property features

  • New Lease - 125 years
  • First Floor
  • 726 sqft
  • Two Bedrooms
  • Spacious Bay Reception
  • High Ceilings
  • Low Outgoings

Property description

Located on the first floor of a period conversion and offered with a new lease of 125 years. This apartment is the perfect London pied-à-terre, rental investment or first time buy.

The property is well presented and features high ceilings, a spacious bay front reception, kitchen, two double bedrooms and two bathrooms. The building has also recently had the externals redone.

Hyde Park, Oxford Street, Paddington Station and Lancaster Gate are all located nearby. This is a great property and a must see.

Property info

Floorplan(s): Picture No. 11

Picture No. 11 View original

Market activity
Average price paid £1,495,523 Sales 326 Current average value £1,411,680 (Zoopla Zed-Index) Value change £87,464 ▲ 6.61%

Property value data/graphs for W2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £8,563,593 £2,283 4.9 £6,250,000
Semi-detached £4,676,423 £1,734 4.5 £2,866,666
Terraced £3,053,329 £1,634 3.6 £3,062,898
Flats £1,142,687 £1,533 2.0 £1,131,110

Current asking prices in W2

Average: £1,818,464
Avg. current asking prices in W2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £518,750
(4) 		£1,197,273
(11) 		£2,564,407
(27) 		£3,627,381
(21) 		£4,325,455
(11)
Flats £692,642
(318) 		£1,148,192
(437) 		£2,116,119
(192) 		£3,387,487
(53) 		£5,980,000
(10)
All £690,482
(322) 		£1,149,397
(448) 		£2,171,388
(219) 		£3,455,565
(74) 		£5,113,333
(21)

Current asking rents in W2

Average: £3,498 pcm
Avg. current asking prices in W2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £2,675 pcm
(9) 		£3,783 pcm
(26) 		£5,350 pcm
(18) 		£10,289 pcm
(9) 		£12,332 pcm
(16)
Flats £1,895 pcm
(765) 		£3,256 pcm
(707) 		£5,512 pcm
(679) 		£7,330 pcm
(71) 		£7,492 pcm
(2)
All £1,904 pcm
(774) 		£3,275 pcm
(733) 		£5,508 pcm
(697) 		£7,663 pcm
(80) 		£11,795 pcm
(18)

Fun facts for W2

Highest value in W2
Highest value streets Zed-Index
Pembridge Place £7,225,905
Dawson Place £6,363,077
Connaught Square £4,478,514
Hyde Park Street £4,283,165
Northumberland Place £4,163,657
Highest turnover in W2
Highest turnover streets Turnover
Victoria Grove Mews 46.2%
Albion Close 41.7%
St. Georges Fields 40.0%
Bathurst Street 36.8%
Clarendon Mews 33.3%

What Zoopla users think of W2

Overall rating:

  • currently 4.5 stars
Very good - 88% (275 ratings)

Ratings breakdown:

  • currently 4.5 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 4.5 stars
Restaurants & shopping
  • currently 4.5 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

Rate W2:

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

  • London Paddington (0.2 miles)
  • Paddington (0.2 miles)
  • Lancaster Gate (0.2 miles)
  • London City Airport (10.1 miles)
  • London Heathrow Airport (12.4 miles)
  • London Gatwick Airport (25.4 miles)
  • Cadogan Pier (2.2 miles)
  • Embankment Pier (2.5 miles)
  • Westminster Millennium Pier (2.5 miles)

Nearby schools

View all schools in Westminster
  • St James & St John Church of England Primary School (0.1 miles)
  • Hallfield Primary School (0.3 miles)
  • The Minerva Academy (0.4 miles)
  • Lansdowne College (0.5 miles)
  • Mander Portman Woodward School (1.5 miles)
  • Collingham (1.6 miles)
  • College Park School (0.6 miles)
  • Ark King Solomon Academy (0.7 miles)
  • Westminster Academy (0.7 miles)
Note: Distances are straight line measurements

Local info for Westminster

About the neighbours in W2

AskMe Q&A for Westminster

Ask a question

See all AskMe Q&A in Westminster

For more information about this property, please contact
Chestertons - Hyde Park, W2 on +44 20 8115 2461 * (local rate)

Monthly running costs Beta

£3,242 Monthly total

Mortgage

Purchase price
Deposit (10%) 84,000
Repayment term 25
Interest rate 1.5
Your payment £3,023 /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.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £46/mo (£555/yr)
Compare insurance deals now 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 £29 Electricity £34 Estimated energy cost £63/mo

Similar properties could save up to £278

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 Chestertons - Hyde Park about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  6. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Chestertons - Hyde Park, and do not constitute property particulars. Please contact Chestertons - Hyde Park 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.

Properties on the market nearby

1,282 more properties like this

View all W2 property for sale