Spacious 1-bed on Hyde Park Estate with porter, roof terrace — lease requires attention.
652 sq ft third-floor one-bedroom lateral apartment with porter and lift
Set on the third floor of a well-kept block on the Hyde Park Estate, this 652 sq ft one-bedroom apartment combines generous room sizes with a practical urban layout. The reception room and double bedroom both benefit from large windows and southerly-facing side views toward Sussex Square, bringing good natural light to the living spaces. Residents also have use of a communal roof terrace and building amenities including a lift and porter/concierge.
The separate kitchen is compact but fitted with integrated appliances and useful worktop space; the shower room and hallway storage keep the main rooms uncluttered. Fast broadband and excellent mobile signal suit home working, while the location offers immediate access to Hyde Park, Connaught Village and major transport hubs including Paddington and Lancaster Gate.
A material concern for many buyers is the lease length: 34 years remain. That is short enough to restrict mortgage availability and will necessitate a lease extension or cash purchase. Council tax is described as expensive and local crime levels are above average for the area—factors to weigh for owner-occupiers. Ground rent is modest at £75 per year.
For a buyer able to manage the lease issue, the flat offers substantial lateral living in a highly desirable central location with concierge and communal outdoor space. For investors or cash purchasers this presents potential, but factor in the immediate cost or process of extending the lease and the impact that may have on resale or mortgageability.