Description

A 1012 sqft 6th floor (lift) 2 bedroom lateral apartment with uninterrupted views of Hyde Park.

The apartment is located in Hyde Park Towers a highly desirable block directly opposite Hyde Park and includes concierge and a private underground parking space. Furthermore there are two bathrooms, a kitchen, spacious reception-dining room and a balcony.

Hyde Park Towers is well located for local amenities and is close to Lancaster Gate Underground Station, Bayswater Underground Station and Paddington Station996 Year Lease

Letting fees

When renting a property, there are various costs that you will need to take into consideration when making an offer.

Below, we have outlined the applicable charges payable when renting a home from Chestertons:

- Tenant administration fee: £222 (inc. VAT) This is payable after your offer has been accepted and we have proceeded to draw up a tenancy agreement.
- Reference fee for each Tenant or Guarantor: £42. This is payable when you have agreed to undergo the independent referencing process. References are carried out by an independent Third Party.
- Renewal administration fee: £96 (inc. VAT). This is payable upon renewal, should you and your landlord mutually agree to renew the tenancy for a further term.
- Inventory charges. In most lets, tenants will be responsible for paying for the inventory check out costs upon ending a tenancy. The cost is approximately £95 - £250 (Plus VAT) dependent on the size of the property. When budgeting prior to your home search, do not forget to also factor in your Tenancy Deposit, which is usually the equivalent of 6 weeks' rent. Tenants will also normally be responsible for paying for a professional clean at the end of the tenancy.

Should you have any queries regarding the charges and costs associated with renting a property, please do not hesitate to contact one of our lettings consultants who shall be happy to explain these in further detail.

Property features

  • 1012 sqft
  • 2 Bedrooms, 2 Bathrooms
  • Balcony
  • Uninterrupted Views of Hyde Park
  • Concierge
  • Private Underground Parking Space
  • 6th Floor with lift
  • Opposite Hyde Park
  • Spacious Reception with Dining Area
  • 996 Year Lease
  • EPC
Travel time to work:

  • Queensway - 0.28km, 4 mins walk
    • Central
  • Bayswater - 0.32km, 5 mins walk
    • Circle
    • District
  • Lancaster Gate - 0.57km, 9 mins walk
    • Central

Rental Yield

Average rental value

£730pw

Average weekly rent of nearby 2 beds.

Annual rental yield

1.9%

Gross yield if rented for the average rent.

Sale price

Average asking price

£1,119,028

Average asking price of nearby 2 beds.

Value for money

79% more expensive

This property is more expensive than average.

Price growth

Last 5 year price growth

Property prices in this area have increased at this rate per year over the last 5 years.

Estimated Value in 5 years

If historic price growth continues, this property could be worth this much in 5 years.

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Marketed by

Chestertons - Hyde Park
40 Connaught Street, London, W2 2AB

020 8115 2461

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