£595,000
2 bed flat for saleSussex Gardens W2
2 beds
1 bath
1 reception
Added on
About this property
Exceptionally long lease - 987 years remaining
530.80 sq ft / 49.31 m²
Two-bedroom apartment on the fourth floor of a Grade II listed stucco terrace
Recently refurbished to a high standard, turn-key condition
Open-plan living, dining and kitchen area
Currently operated as a short-let, offering vacant possession
Moments from Hyde Park and Paddington station
Ground rent £750 p.a. (paid half-yearly)
Service charge £6,676.48 p.a.
Local authority: Westminster City Council
Set on the fourth floor of an elegant Grade II listed stucco terrace in the heart of Bayswater, this beautifully presented two-bedroom apartment offers a rare combination of period charm and turn-key condition, just moments from the green expanse of Hyde Park and the excellent transport links of Paddington station.
Arranged over 530.80 sq ft, the apartment has been recently refurbished to a high standard throughout, with an open-plan living and dining area that receives excellent natural light through characterful period windows. The kitchen is sleek and contemporary, fitted with integrated appliances, while both bedrooms are well-proportioned and finished with the same attention to detail found throughout the property.
One of the standout features of this apartment is its exceptionally long lease of 987 years remaining - effectively placing this purchase on the same footing as freehold ownership for mortgage and buyer-confidence purposes, and removing what is typically the leading concern in a leasehold transaction.
The property is currently operated as a successful short-let, offering an excellent opportunity for investors wishing to continue this use, or for owner-occupiers seeking vacant possession with no waiting period, since the flat is not subject to an existing tenancy.
Sussex Gardens is a highly sought-after tree-lined street within easy reach of Hyde Park, Paddington station (Elizabeth Line, Bakerloo, District & Circle), and the boutiques, cafes and restaurants of Connaught Village and Bayswater.
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Tenure
Leasehold (987 years)
Service charge
Council tax band
D
Ground rent
Ground rent date of next review
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