Large two-bed pied-à-terre near Hyde Park — lease short, cash or specialist finance advised.
Large 1,000 sq ft two-bedroom flat with private balcony
Spacious 1,000 sq ft two-bedroom apartment on the eighth floor of The Water Gardens, offering large windows, a private balcony and a porter for added convenience. The building includes a lift and sits within easy walking distance of Marble Arch, Paddington and Hyde Park, making it well suited as a central home or pied-à-terre for professionals. The reception and bedrooms are generous; the separate kitchen dates from the 1980s/90s and will suit buyers looking to modernise.
Important practical points are straightforward: the flat is leasehold with 60 years remaining. Many mortgage lenders will be reluctant to lend on such a short lease, so buyers should expect to proceed with cash or secure specialist financing. Service charges are high (£9,379pa) and ground rent is £400pa; council tax band F is also expensive — factor ongoing ownership costs into your budget.
The building was constructed in 1967–1975 and is of system-built construction with assumed lack of wall insulation; heating is electric boiler and radiators. Crime levels in the area are above average, though the location benefits from excellent public transport, fast broadband and proximity to shops, restaurants and green space. This property suits buyers seeking central space and convenience who are aware of lease and cost considerations, and who may want to update the kitchen and internal finishes.