Marsham Street, Westminster
DE

Marsham Street, Westminster

By Dexters

£ 425,000

Reviews

2 out of 5 stars

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 %
from 1,324,011.00 £
Est sale value
540,696.65 £
Increased by 4.62 %
from 516,826.43 £
Average area rental value
3,372.00 £/mo
Increased by 13.61 %
from 2,968.00 £/mo
Est letting value
1,446.68 £/mo
Increased by 33.33 %
from 1,085.01 £/mo
Est rental Yield
3.37 %
Increased by 25.28 %
from 2.69 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Dexters created the listing.

Nearby Schools

NameTypeOfstedDistance
Marsham Street Children'S CentreChildren's Centre Linked Site0.03 KM
Millbank AcademyAcademy ConverterOutstanding0.26 KM
Fairley House SchoolOther Independent Special School0.41 KM
St Matthew'S School, WestminsterVoluntary Aided SchoolGood0.52 KM
Westminster SchoolOther Independent School0.57 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Horseferry Road £ 000.00 KM
Rootstein Hopkins Parade Ground £ 000.00 KM
Thorney Street £ 000.00 KM
Dean Bradley Street £ 2,695,00000.00 KM
Gayfere Street £ 2,625,0001,1520.00 KM

Nearby Transport

NameNLCTLCDistance
Vauxhall5597VXH1.04 KM
Charing Cross5143CHX1.71 KM
Victoria5426VIC1.74 KM
Waterloo5598WAT2.08 KM
Waterloo East5158WAE2.53 KM

Nearby Listings

AddressPriceTypeScoreDistance
Marsham Street, Westminster £ 425,000BUY5 / 100.00 KM
Marsham Court, Marsham Street, Westminster, London, SW1P £ 495,000BUY6 / 100.00 KM
Marsham Street, Westminster, SW1P £ 1,500,000BUYUnknown0.01 KM
Marsham Street, Westminster, London, SW1P £ 1,250,000BUYUnknown0.01 KM
Marsham Street, London £ 1,280,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
4 Montaigne Close £ 1,600,0000.21 KM
6 Montaigne Close £ 700,0000.26 KM
50 Tufton Street £ 1,675,0000.34 KM
7 Gayfere Street £ 2,250,0000.38 KM
9 Gayfere Street £ 4,650,0000.38 KM