Small investment or starter home minutes from Regents Park and local shops.
Third-floor studio with private balcony and lift access
Chain-free sale, convenient St John’s Wood location
Approx 355 sq ft; separate kitchen and bathroom
Unmodernised — requires full renovation throughout
Lease c.88 years remaining; affects mortgage/resale options
Service charge approximately £1,592 per year; ground rent £10
Solid brick construction; likely no wall insulation
Fast broadband, excellent mobile signal, no flood risk
Bright and compact third-floor studio with a private balcony, offered chain-free and ideal as a renovation project or buy-to-let. The flat sits in a 1930s local authority building with lift and entryphone, just moments from St John’s Wood High Street and Regents Park, giving excellent local amenities and transport links.
The accommodation extends to approximately 355 sq ft and includes a separate kitchen and bathroom. Key running costs are clear: an average service charge of £1,592 and a small ground rent of £10. The lease has about 88 years remaining (125 years from 22/12/1988), so buyers should factor lease length into future mortgage and resale plans.
The property is unmodernised and requires renovation throughout, presenting clear scope to add value by updating the fixtures, finishes and heating controls. Built with solid brick and likely no cavity insulation, improving energy performance may be worthwhile. There is no significant flooding risk, broadband speeds are fast and mobile signal is excellent.
This studio will suit a purchaser seeking a central London pied-à-terre, a first home with refurbishment potential, or an investor targeting an easy-to-manage rental close to amenities and schools. Be aware of the material considerations: shortish lease, need for full modernisation and standard communal maintenance costs.
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