Rarely large split-level Georgian flat overlooking Montagu Square — cash buyers or lease-extension needed.
Extremely large split-level flat with high Georgian ceilings
Spacious reception and views over the communal garden square
Approx. 1,590 sq ft total with generous loft (c. 493 sq ft)
Two double bedrooms plus third bedroom/study and guest WC
Only 27 years remaining on the lease — lenders may refuse mortgages
Service charge approximately £2,310 (average)
EPC rating C; mains gas heating via boiler and radiators
Central Marylebone location — close to parks and major stations
Set across the third and fourth floors of a Georgian terrace on Montagu Square, this unusually large split-level flat offers grand ceiling heights, generous room proportions and a rare view over the square’s communal gardens. The accommodation includes a large reception room, kitchen, two equal double bedrooms plus a third bedroom/study and a substantial loft area (approx. 493 sq ft) that adds scope for storage or conversion subject to consent.
The location is a primary strength: Marylebone’s shops and restaurants, and the open spaces of Regent’s Park and Hyde Park, are within easy walking distance. Transport links are strong with Marble Arch, Baker Street and Marylebone/Paddington stations nearby. The property’s classic period detail and bright sash windows suit buyers seeking a characterful central London home or a large pied-à-terre.
Buyers must be clear about the material downside: the lease has only 27 years unexpired. Mortgage lenders frequently decline or require very specific conditions for short leases, so purchase will likely be suitable only for cash buyers or those prepared to fund a lease extension (which can be costly and time-consuming). Service charge is c. £2,310 (average) and council tax banding is not specified. Crime in the immediate area is reported as high; prospective purchasers should check local data.
Given the short lease, the most realistic buyers are owner-occupiers with cash, developers prepared to undertake a lease-extension negotiation, or investors with a long-term, cash-based strategy. The flat’s size, loft potential and premier Marylebone address deliver genuine upside if lease issues are resolved, but the financing and timing implications are significant and must be factored into any offer.
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