NW1 5RH - 1 bedroom flat for sale in Wallace Court, Old Marylebone Ro…

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1 bedroom flat for sale in Wallace Court, Old Marylebone Road, NW1

Summary - Wallace Court, Old Marylebone Road, NW1 NW1 5RH

1 bed 1 bath Flat

**Standout Features:**
- Spacious 4th floor flat in a purpose-built portered block
- 1 double bedroom, reception room, kitchen, and bathroom
- Quiet, bright west-facing aspect with natural light
- Excellent transport links nearby (Edgware Road, Marylebone & Paddington Stations)
- 951 years remaining on leasehold
- EPC Rating C; Council Tax Band D

**Potential Concerns:**
- Requires complete modernization throughout
- Above-average service charge of £5,500 per annum
- Located in an area with very high crime rates

This average-sized flat presents a unique opportunity for those looking to invest in a central London property. Nestled on the 4th floor within a well-maintained portered building, this one-bedroom apartment beams with potential amid a burgeoning cosmopolitan neighborhood. While the interior needs extensive renovation, savvy buyers will appreciate the chance to create a personalized living space in such a prime location.

Supportive amenities abound in the vibrant area—from cafes and shops to a variety of dining options, making everyday living both practical and enjoyable. Families will benefit from access to several reputable schools, including Christ Church Bentinck CofE Primary School, ranked in the top 10% by Ofsted.

Despite the high crime rate, the flat's attractive price point of £465,000 reflects the needed modernization efforts. Given its spacious layout, exceptional local transport, and long lease, this property is an excellent choice for first-time buyers or investors keen on the potential for capital growth. Don’t miss your chance to secure a flat in this desirable location—this opportunity may not last long!

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