223 The Water Gardens, London, W2 2DF

Interested parties should contact Knight Frank Auctions for further information.

Description
Situated on the eighth floor of this well-known Hyde Park Estate development, this bright and spacious two-bedroom apartment offers a thoughtfully arranged layout extending to approximately 1,013 sq ft (94.1 sq m).

The apartment enjoys a dual-aspect corner position, filling the main living space with natural light. The large reception room spans almost 20 ft, featuring high ceilings, generous proportions and expansive windows framing far-reaching views across the London skyline and the newly refurbished communal water gardens below. The adjoining separate kitchen is fitted with a full range of modern units, integrated appliances and ample countertop space, ideal for both everyday use and entertaining.

The principal bedroom includes a wall of built-in wardrobes, with additional fitted storage found in the second double bedroom, which could also serve as a home office if required. Off the hallway are a family bathroom, separate cloakroom, and further storage cupboards.

The Water Gardens is a prestigious gated development renowned for its tranquil landscaped gardens, 24-hour concierge service, lift access and excellent security. Combining generous proportions, natural light and a central W2 location, this apartment represents an appealing opportunity for both owner-occupiers and investors seeking a quality home within walking distance of Hyde Park and Paddington.

Additional information
We have been informed that the primary external wall materials of the building/block have been assessed for fire safety. The assessor concluded that the fire risk of the external wall materials is sufficiently low that no remedial works are required. If you have any further questions, you should seek independent professional advice.

Tenure: Leasehold. Held for a term of 99 years from 25/12/1986 (thus having approximately 60 years unexpired) at a current ground rent of £500
Service Charge - 11,250p.a.
EPC: C
Tenancy - Currently let on an Assured Shorthold Tenancy for a term of 2 years from 2/8/2024 thus expiring 1/8/2026 at a passing rent of £2,800 pcm (£33,600 pa)

Viewings: please contact rebecca.

Location
The Water Gardens is situated in the heart of the Hyde Park Estate, moments from the boutique shops, cafs and restaurants of Connaught Village. The green open spaces of Hyde Park and Kensington Gardens are within easy reach.

Transport connections are exceptional, with Paddington Station (National Rail, Elizabeth Line, Bakerloo, Circle, District and Hammersmith & City lines) and Lancaster Gate Underground Station (Central Line) both within walking distance, providing swift access across London and to Heathrow Airport via the Heathrow Express.

The buyers fee is including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of and is being sold as Unconditional.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.

Auctioneer Fees and Deposit
The following deposits and non-refundable auctioneer fees apply:

• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.