£595,000
2 bed flat for saleSussex Gardens W2
2 beds
1 bath
1 reception
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
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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£2,976 per month
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More information
Tenure
Leasehold (987 years)
Service charge
Council tax band
D
Ground rent
Ground rent date of next review



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