Compact modern flat with superb transport links for cash buyers or investors.
- One double bedroom, 469 sq ft first-floor flat
- Modern finish: recessed LED, tiled floors, underfloor heating
- Excellent transport: Edgware Road and Marylebone nearby
- 59 years remaining on lease — lenders may refuse mortgages
- Service charge c. £1,600 per year; council tax above average
- Solid brick construction; no assumed wall insulation
- Fast broadband and excellent mobile signal
- Local area: high crime and very deprived indices
This one-bedroom first-floor apartment occupies 469 sq ft in a period conversion on Lisson Street, moments from Edgware Road and Marylebone stations. The flat is presented in a modern, minimalist finish with high ceilings, recessed LED lighting, tiled floors and underfloor heating — ready to occupy or let immediately.
The location is a major selling point: excellent transport links, fast broadband and immediate access to Marylebone High Street, shops and restaurants. Local schools nearby include two Outstanding primary/secondary options and several independent schools, adding rental and resale appeal to professional tenants.
Buyers must be aware of a significant commercial consideration: the lease has 59 years remaining. Many mortgage lenders refuse loans on flats with short leases, so purchase may require cash or specialist lending. Service charge is approximately £1,600 per year and council tax is above average. The building has solid brick walls likely without insulation, which could mean higher heating costs or future retrofit work.
Given the short lease and local crime statistics, this property suits buyers who can buy with cash, investors prepared to manage a lease-extension programme, or those seeking a central pied-à-terre who understand the extra costs and constraints.
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