Summary - Orsett Terrace, W2 W2 6AZ
1 bed 1 bath Apartment
Bright one-bedroom near Hyde Park — strong buy-to-let potential but short lease and listed restrictions.
Share of freehold with caretaker and strong rental location
Excellent transport links — Elizabeth Line and Paddington nearby
Light-filled open-plan living with period features
Lease only c.85 years — will need prompt renewal
Grade II listing restricts external and some internal alterations
Service charge about £3,700 pa; ground rent peppercorn
No private garden or external amenity space
Area shows higher crime and local deprivation — consider tenant profile
A light-filled one-bedroom apartment on the second floor of a handsome Grade II stucco building in Orsett Terrace, moments from Hyde Park and Paddington transport hubs. The open-plan reception/kitchen and separate bedroom make a compact, efficient city flat suited to single occupants or couples. High ceilings and sash-windowed elevation give period character alongside contemporary fittings in the living space.
This flat offers clear buy-to-let appeal thanks to excellent transport links (Elizabeth Line, Paddington mainline, multiple Tube stations) and nearby amenities including Waitrose. The building benefits include a caretaker and share of freehold ownership, which supports long-term management and rental stability. Broadband and mobile signal are strong — helpful for modern tenants.
Buyers should weigh important constraints: the lease has only about 85 years remaining, which will need urgent attention and could affect mortgage availability and value. The Grade II listing protects the facade and may restrict alterations, potentially increasing refurbishment costs. Service charge is c. £3,700 per annum and there is no private outdoor space.
In summary, this is a well-located, characterful investment or pied-à-terre with immediate rental demand. It suits investors prepared to manage lease extension and listed-building considerations; purchasers seeking a long-term residential home should factor in the lease length and conservation restrictions.
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