1 bed Flat For Sale £450,000
Flat 19 at 67 Gloucester Terrace is a very bright apartment on the third floor (with a lift) of an elegant white Victorian townhouse in the Bayswater conservation area.
The flat comprises a sitting room with an integral kitchen, a small double bedroom, a small lobby and a bathroom. The sitting room has a large west-facing timber sash window with great views over the rooftops of Bayswater. The kitchen area is integral to the sitting room and comprises an electric four-ring hob and oven, a microwave, a fridge freezer and a washer-dryer. The small double bedroom also has a large west-facing timber sash window. The bathroom has a bath with power shower above, a washbasin, a WC and a linen cupboard. The apartment is not large (only about 30 square metres) and would be ideal for a couple to live in long term but with a sofa-bed in the sitting room, can sleep up to four people for a short holiday. The furniture can be included in the sale.
The apartment is four minute walk from the nearest tube station (Lancaster Gate on the Central Line) and six minute walk from Paddington (Mainline, Elizabeth Line, Heathrow Express, Bakerloo, Circle and Hammersmith and City Lines).
The flat has brought in a very high rental income in recent years with a gross income of £46K projected for this tax year.
The flat is in a great location, within walking distance of Hyde Park, Little Venice, Oxford Street, Notting Hill Gate, Portobello Road Market and Paddington. There are many excellent restaurants on your doorstep. It's a very safe area.
The service charge was £2216 last year (this includes central heating) and will continue to be around this figure. I have already paid my flat's share (£8197) of the costs of refurbishing the exterior and common areas so the new owner shouldn't face any large bills for several years. This refurbishment work will proceed soon. The electricity bills last year came to £656 and the council tax was £483. Water rates were £344.
Tenure: Shared Freehold
Council Tax: B
Lease Remaining: 999
Current ground rent: £0.00 Per Year
Ground rent review period: Every 0 year
Annual ground rent increase: 0%
The flat comprises a sitting room with an integral kitchen, a small double bedroom, a small lobby and a bathroom. The sitting room has a large west-facing timber sash window with great views over the rooftops of Bayswater. The kitchen area is integral to the sitting room and comprises an electric four-ring hob and oven, a microwave, a fridge freezer and a washer-dryer. The small double bedroom also has a large west-facing timber sash window. The bathroom has a bath with power shower above, a washbasin, a WC and a linen cupboard. The apartment is not large (only about 30 square metres) and would be ideal for a couple to live in long term but with a sofa-bed in the sitting room, can sleep up to four people for a short holiday. The furniture can be included in the sale.
The apartment is four minute walk from the nearest tube station (Lancaster Gate on the Central Line) and six minute walk from Paddington (Mainline, Elizabeth Line, Heathrow Express, Bakerloo, Circle and Hammersmith and City Lines).
The flat has brought in a very high rental income in recent years with a gross income of £46K projected for this tax year.
The flat is in a great location, within walking distance of Hyde Park, Little Venice, Oxford Street, Notting Hill Gate, Portobello Road Market and Paddington. There are many excellent restaurants on your doorstep. It's a very safe area.
The service charge was £2216 last year (this includes central heating) and will continue to be around this figure. I have already paid my flat's share (£8197) of the costs of refurbishing the exterior and common areas so the new owner shouldn't face any large bills for several years. This refurbishment work will proceed soon. The electricity bills last year came to £656 and the council tax was £483. Water rates were £344.
Tenure: Shared Freehold
Council Tax: B
Lease Remaining: 999
Current ground rent: £0.00 Per Year
Ground rent review period: Every 0 year
Annual ground rent increase: 0%
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