Dexters says ..
A large delightful studio apartment located on the second floor of this highly sought after 1930's art deco mansion block.
Property Oracle says ..
This studio apartment located on Marsham Street, Westminster, presents a mixed bag of advantages and disadvantages. Its prime location in central London, near excellent transport links and reputable schools, is a major selling point. The area benefits from being close to cultural landmarks and offers convenient access to various amenities. The building itself appears well-maintained from the exterior photos. However, the internal images reveal that the apartment is in need of substantial renovation. The kitchen and bathroom are dated, and the overall condition suggests modernisation is required throughout. The lack of outdoor space is a notable drawback, especially considering the high property prices in Westminster. The price point of £425,000 for a studio apartment is quite competitive for the area, but buyers should factor in the significant renovation costs necessary to bring the property to a modern standard. Potential buyers looking for a property that requires minimal upfront investment or those valuing modern amenities may want to look elsewhere. However, for buyers willing to undertake a renovation project, this central location and competitive price could represent a good opportunity. A thorough survey and professional valuation should be undertaken before making any purchase decisions.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 9
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 1
- Sqft (est)
- 361.67
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
- 1,200,500.00 £Decreased by 9.33 %
- Est sale value
- 540,696.65 £Increased by 4.62 %
- Average area rental value
- 3,372.00 £/moIncreased by 13.61 %
- Est letting value
- 1,446.68 £/moIncreased by 33.33 %
- Est rental Yield
- 3.37 %Increased by 25.28 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Dexters created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Marsham Street Children'S Centre | Children's Centre Linked Site | 0.03 KM | |
| Millbank Academy | Academy Converter | Outstanding | 0.26 KM |
| Fairley House School | Other Independent Special School | 0.41 KM | |
| St Matthew'S School, Westminster | Voluntary Aided School | Good | 0.52 KM |
| Westminster School | Other Independent School | 0.57 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Horseferry Road | £ 0 | 0 | 0.00 KM |
| Rootstein Hopkins Parade Ground | £ 0 | 0 | 0.00 KM |
| Thorney Street | £ 0 | 0 | 0.00 KM |
| Dean Bradley Street | £ 2,695,000 | 0 | 0.00 KM |
| Gayfere Street | £ 2,625,000 | 1,152 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Vauxhall | 5597 | VXH | 1.04 KM |
| Charing Cross | 5143 | CHX | 1.71 KM |
| Victoria | 5426 | VIC | 1.74 KM |
| Waterloo | 5598 | WAT | 2.08 KM |
| Waterloo East | 5158 | WAE | 2.53 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Marsham Street, Westminster | £ 425,000 | BUY | 5 / 10 | 0.00 KM |
| Marsham Court, Marsham Street, Westminster, London, SW1P | £ 495,000 | BUY | 6 / 10 | 0.00 KM |
| Marsham Street, Westminster, SW1P | £ 1,500,000 | BUY | Unknown | 0.01 KM |
| Marsham Street, Westminster, London, SW1P | £ 1,250,000 | BUY | Unknown | 0.01 KM |
| Marsham Street, London | £ 1,280,000 | BUY | 6 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 4 Montaigne Close | £ 1,600,000 | 0.21 KM |
| 6 Montaigne Close | £ 700,000 | 0.26 KM |
| 50 Tufton Street | £ 1,675,000 | 0.34 KM |
| 7 Gayfere Street | £ 2,250,000 | 0.38 KM |
| 9 Gayfere Street | £ 4,650,000 | 0.38 KM |