Southwick Street, London, W2
HA

Southwick Street, London, W2

By Harris Le Beau

£ 500,000

Reviews

3 out of 5 stars

Harris Le Beau says ..

****BEST AND FINAL BIDS MUST BE SUBMITTED TO HARRIS LE BEAU BEFORE 12:00 ON 06/11/24**** Available on a long lease of approximately 150 years, this third-floor, unmodernised apartment spans approximately 738 square feet and is located in a sought-after mansion block with stunning comm...

Property Oracle says ..

This 2-bedroom, 1-bathroom apartment located on Southwick Street in the prestigious Hyde Park area of London presents a mixed bag. Its strong suit is undoubtedly its location. Situated in the desirable W2 postcode, it’s within easy reach of Paddington Station, offering excellent transport links across London. The proximity to Hyde Park and several outstanding schools significantly enhances its appeal. However, the property’s current state requires attention. The photos reveal an interior that is dated and in need of complete modernisation. The kitchen and bathroom appear particularly outdated and require a full refurbishment. Carpets are worn, and the overall impression is of a property requiring significant investment to bring it up to modern standards. While there’s no private garden, access to communal gardens offers some outdoor space, an additional amenity. The listed price is fairly competitive with similar-sized apartments in the area, although not exceptionally cheap. Prospective buyers should budget for extensive renovation costs. Overall, this property presents an opportunity for those willing to undertake a renovation project in an enviable location. However, the lack of any significant modernisation and dated finishes should be carefully considered alongside the cost and time involved in bringing the property up to its full potential.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
8
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
737.97

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
1,276,398.00 £
Decreased by 24.34 %
from 1,686,986.00 £
Est sale value
994,045.59 £
Increased by 18.57 %
from 838,333.92 £
Average area rental value
2,120.00 £/mo
Decreased by 9.05 %
from 2,331.00 £/mo
Est letting value
1,475.94 £/mo
Increased by 100.00 %
from 737.97 £/mo
Est rental Yield
1.99 %
Increased by 19.88 %
from 1.66 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Harris Le Beau created the listing.

Nearby Schools

NameTypeOfstedDistance
Micky Star Children'S CentreChildren's Centre Linked Site0.19 KM
Hospital Home And Education Units Co St Mary'S Hospitial Tuition UnitMiscellaneous0.43 KM
Ark King Solomon AcademyAcademy Sponsor LedOutstanding0.60 KM
Hampden Gurney Cofe Primary SchoolVoluntary Aided SchoolOutstanding0.68 KM
Christ Church Bentinck Cofe Primary SchoolVoluntary Aided SchoolOutstanding0.76 KM

Images

Picture No. 02 Picture No. 12 Picture No. 03 Picture No. 13 Picture No. 08 Picture No. 05 Picture No. 04 Picture No. 09 Picture No. 07 Picture No. 06 Picture No. 10 Picture No. 11 Picture No. 14

Nearby Streets

NameAverage PriceAverage SqftDistance
Hyde Park Square £ 000.00 KM
Clarendon Place £ 2,808,33300.00 KM
Saint Michael's Street £ 927,02500.00 KM
Clarendon Close £ 000.00 KM
Marylebone Flyover £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Paddington3087PAD0.62 KM
Marylebone1475MYB1.11 KM
South Hampstead1451SOH2.98 KM
Kilburn High Road1415KBN3.37 KM
Victoria5426VIC3.69 KM

Nearby Listings

AddressPriceTypeScoreDistance
Southwick Street, London, W2 £ 1,500,000BUY8 / 100.00 KM
Devonport, Hyde Park Estate, London, W2 £ 1,500,000BUY8 / 100.03 KM
Devonport, Southwick Street, Hyde Park Estate, London, W2 £ 775,000BUY7 / 100.03 KM
39 Devonport, Southwick Street, London £ 995,000BUYUnknown0.04 KM
Flat , Devonport, Southwick Street, London £ 875,000BUY7 / 100.04 KM

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AddressPriceDistance
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13 Somers Crescent £ 301,0000.08 KM