Connaught Square, London, W2
WI

Connaught Square, London, W2

By Wilkinson & Fox Limited

£ 5,000,000

Reviews

2 out of 5 stars

Wilkinson & Fox Limited says ..

Outstanding opportunity - Requiring modernisation and improvement. Accommodation over five storeys including basement and first floor roof terrace. Boasting a wealth of period features. Ability to reconfigure the current layout to provide an exceptional residence overlooking Connaught Square.

Property Oracle says ..

This property at Connaught Square, London W2, presents a unique opportunity, though it requires significant work. Located in a highly sought-after area of Hyde Park, Westminster, its address alone commands a premium price. The property boasts a substantial floor area of 2,956 sqft across five floors, including a basement and a roof terrace. This provides considerable space with potential for redevelopment and creating a luxurious home. However, the current condition of the property is significantly below modern standards. Outdated wallpaper, carpets, and fixtures, and fittings are clearly visible throughout. The need for extensive and potentially costly renovation is apparent and necessary. Specifically, the condition of the basement and various rooms requires immediate attention. The roof terrace, while offering an attractive feature, is currently in a less-than-ideal state. While there is no expansive garden, this property offers exceptional potential. The close proximity to excellent schools (Connaught House being directly on the square), Hyde Park, and mainline stations makes this a highly desirable area. Ultimately, the purchase is a project that would appeal to a buyer willing to undertake a full refurbishment to capitalise on the location’s premium value. The property is likely best suited to a seasoned property developer or individual with significant investment capital and the vision to transform the space into a luxurious residence.

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
2
Bedrooms
4
Bathrooms
2
Sqft (est)
2,956.00

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
3,981,732.00 £
Increased by 18.57 %
from 3,358,016.00 £
Average area rental value
2,120.00 £/mo
Decreased by 9.05 %
from 2,331.00 £/mo
Est letting value
5,912.00 £/mo
Increased by 100.00 %
from 2,956.00 £/mo
Est rental Yield
1.99 %
Increased by 19.88 %
from 1.66 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Wilkinson & Fox Limited created the listing.

Nearby Schools

NameTypeOfstedDistance
Connaught House SchoolOther Independent SchoolGood0.14 KM
Hampden Gurney Cofe Primary SchoolVoluntary Aided SchoolOutstanding0.32 KM
Halcyon London International SchoolOther Independent SchoolOutstanding0.33 KM
Sylvia Young Theatre SchoolOther Independent School0.40 KM
International Community SchoolOther Independent School0.72 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Portsea Mews £ 000.00 KM
West Garden Place £ 365,00000.00 KM
Seymour Street £ 000.00 KM
Porchester Place £ 000.00 KM
Clarendon Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Marylebone1475MYB0.97 KM
Paddington3087PAD1.34 KM
Victoria5426VIC3.01 KM
South Hampstead1451SOH3.46 KM
Euston1444EUS3.71 KM

Nearby Listings

AddressPriceTypeScoreDistance
Connaught Square, London, W2 £ 5,000,000BUY5 / 100.00 KM
Connaught Square, Hyde Park Estate, Connaught Village, London, W2 £ 8,250,000BUY6 / 100.01 KM
Connaught Square, Hyde Park, London, W2 £ 1,750,000BUYUnknown0.01 KM
Connaught Square, Hyde Park, W2 £ 8,250,000BUYUnknown0.01 KM
Connaught Village, Hyde Park, London £ 1,800,000BUY7 / 100.05 KM

Nearby Properties

AddressPriceDistance
44 Connaught Square £ 177,0000.00 KM
39 Connaught Square £ 4,250,0000.00 KM
38 Connaught Square £ 900,0000.00 KM
24 Connaught Square £ 6,302,0000.00 KM
26 Connaught Square £ 5,900,0000.00 KM