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Studio apartment for sale

Gloucester Terrace, London, W2

Sold STC £265,000

Property Description

Key features

  • Long lease - 125 years
  • Low service charge
  • Full refurbishment required
  • Period building
  • Paddington
  • Bayswater
  • Westbourne Park

Full description

Studio apartment for sale situated on the lower ground floor of a period building on Gloucester Terrace in the heart of Paddington and only a short distance from Hyde Park. 394 square feet - refurbishment opportunity.

CrossRail under 10 minutes.
Rent £1300pcm after refurb
Gross Rental return = 5.8%
Findproperly.co.uk lists area growth 14%-22%

Great transport links and easy access to London's West End. 125 years left on the lease, £10 per annum ground rent. Circa £500 p.a service charge. Note there is a £50k major works cost billed to this flat over the next 5 years.

More information from this agent

Listing History

Added on Rightmove:
17 August 2016

Map & Street View

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