Marshall Building, Hermitage Street, London
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Marshall Building, Hermitage Street, London

By Hyde Park Agencies

£ 900,000

Reviews

3 out of 5 stars

Hyde Park Agencies says ..

Located in the Marshall Building, in the popular Paddington Basin, is this well presented two bedroom fifth floor modern apartment. The property comprises an open plan reception room with a modern fitted kitchen & front facing balcony, main bedroom with fitted wardrobes and en ensuite bathroo...

Property Oracle says ..

The property is a 2 bedroom, 2 bathroom apartment located in the Marshall Building on Hermitage Street in the Hyde Park area of London. The apartment is 840.02 sqft and has no outdoor space.

Based on the provided images, the apartment appears to be in excellent condition. It is modern, well-maintained, and features contemporary fixtures and fittings. The flooring, kitchen, and bathrooms all look new or very recently updated.

The location is excellent. The property is situated in Paddington Basin, a highly desirable area of London known for its modern development, proximity to Paddington Station (0.40 KM), and numerous amenities. The area boasts stylish restaurants, bars, and designer shopping, all within walking distance. Several highly-rated schools are also nearby, including L’Ecole Bilingue Elementaire (0.21 KM) which has an ‘Outstanding’ Ofsted rating and Marylebone Boys’ School (0.11 KM) with a ‘Good’ rating.

Considering the property’s condition, location, and lack of outdoor space, the list price of £900,000 seems reasonable, but not necessarily a bargain. The average price per sqft in the area is £1581.00, and while this property is below average size, comparable properties in the building have sold for similar prices, indicating that the list price is in line with current market values. The absence of a garden or significant plot size is reflected in the price, which is considerably lower than the area average of £1,754,066. However, the convenient location and modern condition justify the price point.

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
9
Location
10
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
840.02

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
1,131,506.94 £
Increased by 18.57 %
from 954,262.72 £
Average area rental value
2,120.00 £/mo
Decreased by 9.05 %
from 2,331.00 £/mo
Est letting value
1,680.04 £/mo
Increased by 100.00 %
from 840.02 £/mo
Est rental Yield
1.99 %
Increased by 19.88 %
from 1.66 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Hyde Park Agencies created the listing.

Nearby Schools

NameTypeOfstedDistance
Marylebone Boys' SchoolFree SchoolsGood0.11 KM
L'Ecole Bilingue ElementaireOther Independent SchoolOutstanding0.21 KM
United Colleges GroupFurther EducationRequires improvement0.24 KM
Hospital Home And Education Units Co St Mary'S Hospitial Tuition UnitMiscellaneous0.35 KM
Paddington Green Children'S CentreChildren's Centre Linked Site0.43 KM

Images

marshallbuilding8.jpg Marshall Building 506-007-007 Logo.jpg Marshall Building 506-011-011 Logo.jpg Marshall Building 506-002-002 Logo.jpg Marshall Building 506-004-004 Logo.jpg Marshall Building 506-009-009 Logo.jpg Marshall Building 506-017-017 Logo.jpg Marshall Building 506-016-016 Logo.jpg Marshall Building 506-015-015 Logo.jpg Marshall Building 506-019-019 Logo.jpg Marshall Building 506-020-020 Logo.jpg Marshall Building 506-023-023 Logo.jpg marshallbuilding9.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Westway £ 000.00 KM
North Wharf Road Footbridge £ 000.00 KM
A4206 £ 000.00 KM
North Wharf Road £ 5,558,33300.00 KM
Porteus Road £ 560,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Paddington3087PAD0.40 KM
Marylebone1475MYB1.50 KM
South Hampstead1451SOH2.45 KM
Kilburn High Road1415KBN2.65 KM
Finchley Road And Frognal1445FNY3.50 KM

Nearby Listings

AddressPriceTypeScoreDistance
Marshall Building, Hermitage Street, London £ 900,000BUY6 / 100.00 KM
Hermitage Street, Paddington £ 625,000BUY6 / 100.00 KM
Hermitage Street, Paddington £ 675,000BUY7 / 100.00 KM
6 Hermitage Street, Paddington £ 1,850,000BUY6 / 100.00 KM
Paddington Exchange, 6 Hermitage Street W2 £ 1,200,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
7 St Marys Terrace £ 1,300,0000.18 KM
9 St Marys Terrace £ 2,760,0000.18 KM
21 St Marys Terrace £ 840,0000.18 KM
17 Hogan Mews £ 840,0000.19 KM
8 Hogan Mews £ 1,462,5000.19 KM