Summary - Gloucester Place, London, NW1 NW1 6DP
2 bed 1 bath Flat
Central Marylebone two‑bed with share of freehold, porter and strong sinking fund..
Share of freehold ownership for long‑term security
On‑site porter, CCTV and video‑phone entry for added security
Two generously sized bedrooms; one bathroom only
Approx. 644 sq ft — average overall size
Service charge above average: £4,590 per year
Strong sinking fund and communal maintenance provision
Stated rental £825/week and advertised net yield 5.72%
Very high local crime rating; inner‑city student neighbourhood
This two‑bedroom flat in Marylebone sits in a highly connected central location, moments from Regent’s Park and Baker Street Station. The apartment benefits from share of freehold ownership, an on‑site porter, CCTV and video‑phone entry, and a lockable external storage room — practical features for long‑term investors or buyers seeking security and convenience.
The accommodation offers two generously sized bedrooms, a single bathroom and bright, contemporary living and dining spaces across approximately 644 sq ft. Communal services are well funded (sinking fund currently strong) which supports longer‑term maintenance, though the listed service charge is above average at £4,590 per year.
As an investment, the property sits in a sought‑after central market with stated rental performance of £825 per week and an advertised net yield of 5.72%. The immediate neighbourhood provides excellent amenities, varied dining and entertainment, and strong transport links — all attractive to short‑let and long‑let tenants, including students and professionals.
Buyers should note material drawbacks plainly: this is an inner‑city, multicultural student neighbourhood with a very high local crime rating, which may affect tenant profiles and personal security perceptions. The flat is average in overall size and has only one bathroom, and the relatively high service charge will affect net returns for investors and running costs for owner‑occupiers. These facts balance the location and communal benefits when assessing value.
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