The Water Gardens, Hyde Park
DE

The Water Gardens, Hyde Park

By Dexters

£ 650,000

Reviews

2 out of 5 stars

Dexters says ..

A spacious two double bedroom apartment on the 8th floor of a portered, purpose built building (with a lift). With a separate kitchen, private balcony, large windows and measuring over 1,000 square foot, this property will be an ideal home or pied a terre.

Property Oracle says ..

This two-bedroom, one-bathroom apartment located in the prestigious Hyde Park area of Westminster, London, presents a mixed bag. The location is undeniably strong, offering easy access to excellent transport links, highly-rated schools, and the amenities of Hyde Park and nearby areas like Paddington and Marylebone. The apartment itself, however, shows its age. The photos reveal a property in need of some updating and modernisation. The décor and fixtures appear dated, and potential buyers would likely factor in renovation costs. The kitchen and bathroom, in particular, look quite outdated. There is a private balcony, a significant positive, but the lack of a garden or substantial outdoor space is common for apartments in this type of development. While the list price of £650,000 seems competitive for the area, given its age and condition, a thorough inspection and consideration of refurbishment costs would be prudent before making an offer. Overall, the location is the major strength, while the need for modernisation is the key weakness of this property. A potential buyer needs to weigh up whether the location outweighs the required investment to upgrade the apartment to current standards.

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
5
Location
8
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
1,038.72

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
1,399,155.84 £
Increased by 18.57 %
from 1,179,985.92 £
Average area rental value
2,120.00 £/mo
Decreased by 9.05 %
from 2,331.00 £/mo
Est letting value
2,077.44 £/mo
Increased by 100.00 %
from 1,038.72 £/mo
Est rental Yield
1.99 %
Increased by 19.88 %
from 1.66 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Dexters created the listing.

Nearby Schools

NameTypeOfstedDistance
Micky Star Children'S CentreChildren's Centre Linked Site0.32 KM
Hampden Gurney Cofe Primary SchoolVoluntary Aided SchoolOutstanding0.37 KM
Ark King Solomon AcademyAcademy Sponsor LedOutstanding0.47 KM
Christ Church Bentinck Cofe Primary SchoolVoluntary Aided SchoolOutstanding0.48 KM
Sylvia Young Theatre SchoolOther Independent School0.57 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Saint Michael's Street £ 927,02500.00 KM
Porchester Place £ 000.00 KM
West Garden Place £ 365,00000.00 KM
Harrow Road £ 000.00 KM
Burne Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Marylebone1475MYB0.79 KM
Paddington3087PAD0.94 KM
South Hampstead1451SOH2.95 KM
Kilburn High Road1415KBN3.50 KM
Victoria5426VIC3.56 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Water Gardens, Hyde Park £ 650,000BUY5 / 100.00 KM
The Water Gardens, Hyde Park Estate, London, W2 £ 475,000BUYUnknown0.00 KM
Water Gardens, Hyde Park Estate, London, W2 £ 1,700,000BUYUnknown0.00 KM
The Water Gardens, Hyde Park, W2 £ 695,000BUYUnknown0.02 KM
The Water Gardens, London, W2 £ 750,000BUYUnknown0.02 KM

Nearby Properties

AddressPriceDistance
235 The Water Gardens £ 560,0000.03 KM
204 The Water Gardens £ 562,5000.03 KM
251 The Water Gardens £ 435,0000.03 KM
254 The Water Gardens £ 1,625,0000.03 KM
207 The Water Gardens £ 525,0000.03 KM