Summary - WALLACE COURT, 300 - 308 FLAT 16 OLD MARYLEBONE ROAD LONDON NW1 5RH
2 bed 1 bath Flat
Central NW1 flat with generous space and outstanding transport connections..
- Two double bedrooms, flexible two/three-bedroom layout
- South-facing balcony with urban city views
- 812 sq ft (approx) — above-average space for zone 1
- Leasehold with 102 years remaining
- Community heating (mains gas) — check running costs
- Very high local crime rate — consider security measures
- Built 1930s, solid brick walls; likely limited wall insulation
- Excellent transport links: Baker Street, Edgware Road, Paddington
Set on Old Marylebone Road, this two-bedroom flat offers a rare combination of space and a south-facing balcony in NW1. At approximately 812 sq ft, the apartment provides a comfortable reception room, separate kitchen and a family bathroom — a flexible layout that suits first-time buyers seeking room to grow. The building dates from the 1930s and retains period character; internal photos show a bright, modern-style living area with good natural light.
Transport is a genuine strength: Baker Street, Edgware Road, Marylebone and Paddington stations are within easy reach, including the Elizabeth line and Heathrow Express. Regents Park and Hyde Park are also nearby, with local shops, cafes and amenities on Baker Street and Crawford Street. For families, several highly rated state and independent schools are close by.
Practical considerations are straightforward and important to note. The flat is leasehold with 102 years remaining and operates on a community heating scheme (mains gas). The area records a very high crime rate, which will be a concern for some buyers. The building’s solid brick construction suggests limited wall insulation, so check heating efficiency and potential retrofit costs. Council tax band is not yet available.
Overall, this property will appeal to first-time buyers looking for central location, space and strong transport links, provided they account for local crime levels and potential energy-efficiency improvements. The lease length is healthy for a prospective purchase, but buyers should verify service charges and communal arrangements before proceeding.
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