Portland Place, London, W1B
LO

Portland Place, London, W1B

By Lord Estates

£ 350,000

Reviews

2 out of 5 stars

Lord Estates says ..

A 3 bedroom lower ground floor apartment with a short lease of 9yrs. approx. in the prime location of Portland Place, W1.

Property Oracle says ..

This 3-bedroom, 2-bathroom apartment in Portland Place, London, W1B, offers a desirable central London location. The property is conveniently located near several transport links, including Euston and Marylebone stations, making commuting straightforward. The area is also renowned for its excellent schools, including Southbank International School Westminster and Portland Place School, both within a short distance. Marylebone High Street offers a variety of shops, restaurants, and cultural attractions.

The apartment itself appears well-maintained, with a modern kitchen, and seemingly updated bathrooms. The interior photographs reveal a generally clean and updated finish, though the style may not appeal to all buyers. The lack of external photos limits a full assessment of the building’s exterior condition.

However, a significant drawback is the absence of any outdoor space. Given the prime location, the lack of a garden or even a balcony is notable. The list price of £350,000 is arguably on the higher end, particularly considering the limited plot size and the absence of key details like lease length. While other flats on Portland Place are listed at a range of prices, including some substantially more expensive, those listings show much larger spaces and often more luxurious features.

Potential buyers should investigate the specifics of the leasehold, obtain a professional survey, and compare the price per square foot to similarly sized apartments in the area to fully assess the overall value. The property’s desirability is tempered by the lack of outdoor space and the potential for a short lease.

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
6
Condition
7
Location
9
Land
1
Bedrooms
3
Bathrooms
2
Sqft (est)
1,016.76

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
3,068,333.00 £
Decreased by 5.77 %
from 3,256,061.00 £
Est sale value
3,904,358.40 £
Increased by 48.03 %
from 2,637,475.44 £
Average area rental value
2,537.00 £/mo
Decreased by 0.90 %
from 2,560.00 £/mo
Est letting value
3,050.28 £/mo
Increased by 50.00 %
from 2,033.52 £/mo
Est rental Yield
0.99 %
Increased by 5.32 %
from 0.94 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Lord Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Southbank International School WestminsterOther Independent School0.10 KM
Portland Place SchoolOther Independent School0.19 KM
Eifa International SchoolOther Independent SchoolGood0.29 KM
Queen'S College, LondonOther Independent School0.47 KM
University Of WestminsterHigher Education Institutions0.68 KM

Images

bedroom 1 bedroom 3 bedroom 3 reception kitchen bedroom 1 bedroom 2 bedroom 2 bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Duchess Mews £ 000.00 KM
Greenwell Street £ 000.00 KM
Browning Mews £ 000.00 KM
Cavendish Square £ 000.00 KM
Wesley Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Euston1444EUS1.44 KM
Marylebone1475MYB1.91 KM
Camden Road1440CMD2.29 KM
St Pancras1555STP2.32 KM
King'S Cross6121KGX2.68 KM

Nearby Listings

AddressPriceTypeScoreDistance
Portland Place, London, W1B £ 1,100,000BUY5 / 100.00 KM
Portland Place, Marylebone, London, W1B, United Kingdom £ 2,350,000BUY6 / 100.00 KM
Portland Place, London, W1B £ 2,350,000BUY6 / 100.01 KM
Portland Place, London £ 1,095,000BUY7 / 100.01 KM
Portland Place, London £ 1,090,000BUY7 / 100.01 KM

Nearby Properties

AddressPriceDistance
3 Park Crescent Mews East £ 1,750,0000.09 KM
5 Park Crescent Mews East £ 1,925,0000.09 KM
11 Devonshire Street £ 650,0000.14 KM
48 Devonshire Close £ 1,800,0000.19 KM
46 Devonshire Close £ 922,3000.19 KM