W2 2LP - Studio flat for sale in Hyde Park Place, Hyde Park, W2

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Studio flat for sale in Hyde Park Place, Hyde Park, W2

Summary - 23 FLAT B HYDE PARK PLACE LONDON W2 2LP

1 bed 1 bath Flat

**Standout Features:**
- Prime location opposite Hyde Park
- Well-lit studio with lift access
- Close proximity to Marble Arch Station (Central Line)
- Vibrant local amenities, including shops and restaurants
- Excellent mobile signal and fast broadband speeds

**Concerns:**
- Leasehold with 76 years remaining; mortgage lenders may have concerns
- Above-average service charge at £5,200 per year
- Above-average crime rate in the area

Nestled in the heart of London's Inner City, this light and spacious studio flat presents an exciting opportunity for first-time buyers or investors seeking a profitable rental property. The unique Victorian building boasts high ceilings and a bright living area, making it a cozy yet functional space. You’ll be just steps away from the serene green expanses of Hyde Park and surrounded by an array of chic cafes and shops on Connaught Street, as well as the bustling retail of Oxford Street.

While the flat is attractively positioned for lifestyle and transportation, potential buyers should be aware of the leasehold status with 76 years remaining, which may pose challenges for mortgage financing. The property also incurs a higher-than-average service charge, which could impact overall investment returns. With its prime location and growth potential, this studio is a rare gem in a sought-after area—act quickly to secure this urban sanctuary!

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