Compact Zone 1 flat with share of freehold and no onward chain.
Handsome stucco-fronted period building close to Paddington station
A compact two-bedroom apartment in a handsome stucco-fronted block on Gloucester Terrace, positioned for unbeatable central London access. Paddington station, Hyde Park and Little Venice are all within easy walking distance, making this an attractive base for professionals and first-time buyers seeking Zone 1 convenience.
The flat is presented in a modern, neutral style with an open-plan layout that maximises the 458 sq ft footprint. Two bright bedrooms, a contemporary bathroom and an integrated kitchen create a tidy, move-in-ready feel. Share of freehold and a chain-free sale simplify ownership and the purchase process.
Buyers should note important lease and running-cost details. The remaining lease term is 77 years — short enough to affect mortgage availability and future resale value; some lenders may refuse to lend. Service charges are circa £2,700 per year and council tax is above average, which add to ongoing costs. Crime statistics for the immediate area are very high; prospective purchasers should factor local safety and security measures into their decision-making.
This property suits someone seeking central location and efficient living rather than a large family home. There is potential for value uplift by extending the lease (subject to legal costs) or modest internal reconfiguration, but buyers must weigh those investment needs against higher service charges and the limited floor area.
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