Flat for sale in Flat 4, 4-5 Hyde Park Place, London W2

For sale by auction 25/07/2024 £950,000 plus

long leasehold residential three bedroom flat let on an assured shorthold tenancy at £48,000 P.A.

Location & Description
The property comprises a first floor three bedroom flat with air conditioning, in a well managed residential block, that over looks Hyde Park and is situated in Hyde Park Place on the Paddington and Marylebone boarder.

The property is located, between both Marble Arch and Lancaster Gate tube stations (Central Line), with Paddington Railway Station 300m to the north west.

Accommodation
Whilst Strettons have not internally inspected the property, we understand that the accommodation comprises the following -

First Floor: Three double bedrooms, Bathroom, Kitchen, Reception/Dinning Room, Toilet

Total: 947 Sq Ft (88 Sq M)

Lease Details
Currently let on a 12 month Assured Shorthold Tenancy from 01/10/2023 at £4,000 per calendar month. (Deposit of £4,038 held)

Tenure
Leasehold - A term of 113 years, expiring on 21/03/2126 at a ground rent of £200 p.a. (102 years remaining)

Note
Auction Surveyor : Rob Hills Contact :

Equivalent to £48,000 p.a.

EPC Rating
C