3 bed Flat (for sale) Park Crescent, London W1B

£5,500,000
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Savills - Marylebone & Fitzrovia
22 Devonshire Street, London
020 8022 3384
First Published

27th Oct 2022

Last Published

22nd Nov 2022

 

Features

  • Type: Flat
  • Bedrooms: 3
  • Listing status: sale
  • Country: England

Description

A magnificent ground and lower floor duplex apartment.

Description
A magnificent ground and lower floor duplex apartment measuring 2,004 sq. Ft. With its own private front door entrance. The apartment comes fully furnished with bespoke interiors, a residents parking permit (Westminster Zone 4) and access to a residents only leisure club, The Park Crescent Club. The Park Crescent Club is located in the sub-basement of one of the adjoining buildings situated at 14 Park Crescent. The club will feature a 24 hour leisure complex to include games room, lounge, gym, changing rooms, treatment rooms, steam room, sauna and a state-of-the-art cinema room. Residents will also benefit from a daytime concierge together with 24 hour security and their own private key access to eight acres of magnificent private gardens featuring tennis courts and other amenities.
The development borders beautiful Regent’s Park with all the delights it has to offer. These include the boating lake, fabulous gardens, an open air theatre, musical matinée entertainment from the bandstand and an opportunity to picnic in one of London’s most famous green spaces. The apartments enjoy an unparalleled location in London’s West End, positioned as it is to the north of Regent Street, one of the city’s premier shopping thoroughfares.

Location
Park Crescent is located at the northern end of Portland Place close to Regent's Park. The boutique shops and restaurants of Marylebone High Street lie to the west with the world renowned shopping of Oxford Street to the south.

Nearby transport links include Regent's Park (Bakerloo line) (approximately 0.2 miles) and Great Portland Street (Circle, Hammersmith & City, Metropolitan lines) (approximately 0.5 miles) underground stations.

Square Footage: 2,004 sq ft

Leasehold with approximately 135 years remaining.





Additional Info
Service charge: Approximately £13,266 per annum (reviewed annually)
Ground rent: £1,500 per annum (increased by 100% every 25 years)
Leasehold (Lease Expiry date December 2157)

 

Local info for W1B

Floor plan

 

Property Value Data/Graphs for W1B

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 76% £5,091,842 2.7 2.4
Other 12% £12,216,667 4 4.3
Maisonette 8% £3,950,000 2 1.5
Mews house 4% £5,700,000 2 2

Area Information

Average Price Paid

£0

Sales

0

Current Average Value

£5,879,800

Value Change

£5,879,800 0%

 

Current Asking Prices in W1B Average: £5,879,800

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses - £5,700,000 (1) £7,800,000 (1) £12,950,000 (1) £15,900,000 (1)
Flats - £3,325,000 (12) £4,675,000 (6) £13,250,000 (1) £11,722,500 (2)
All - £3,507,692 (13) £5,121,429 (7) £13,100,000 (2) £13,115,000 (3)

Nearby Properties

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9 bed Terraced house () 2Ap, Mayfair W1K £55,000,000
7 bed Detached house () Lygon Place, Belgravia SW1W £45,000,000
5 bed Flat () Grosvenor Square, Mayfair, London W1K £38,500,000
6 bed Detached house () Berkeley Square, Mayfair W1K £32,500,000
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