Property for sale in Marylebone, Portland Place, W1B : Mayfair : MAY220020

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2 bedroom , Portland Place, Marylebone W1B - Available

Portland Place, Marylebone W1B

2 Bedroom | Leasehold | 1 Bath

Asking price £1,600,000

Great Portland Street (Stop F) 0.1 miles

Regent's Park 0.1 miles

Great Portland Street 0.1 miles

A bright apartment in an Art Dec portered building.

Located on the sixth floor, this spacious apartment comprises a lounge and main bedroom with magnificent west-facing views across Regents Park, Primrose Hill and West London. A second double bedroom, bathroom and dining kitchen overlook Park Crescent Mews an open aspect towards the east. The building is only a three-minute walk to Regent Crescent and Park Square - private residents' gardens.

The entire building has remained well looked after under Howard de Walden’s stewardship. And since the conservation area was designated in the latter part of the twentieth century, no major changes may be made to the locality. The building retains many of its original features, including an imposing entrance hall, a grand staircase and two lifts enclosed in their original livery.

Located in the heart of the West End, it is close to the shops, theatreland and transport hubs, including Oxford Circus, the Elizabeth Line direct link to Heathrow, and the Eurotunnel rail link to the continent. Marylebone High Street, our local London village street, boasts chic shops, Michelin starred restaurants, cafes and a weekly famers’ market and is within walking distance.

Accommodation:

Large South/West facing lounge with open fire and gas log fittings. Original oak strip flooring. Dining/kitchen with utility room, rear balcony leading to secondary stair/service access
Two double bedrooms with fitted wardrobes – original interior fittings.

Bathroom with tiled shower and original brass towel rail.

Gas central heating – modern efficient boiler, calorifier, electric summer immersion heater.

Double glazed windows with the original leaded lights externally (maintained by landlord) and secondary glazing to provide sound and heat insulation.

Tenure: Lease 153 years and 90 days from 1st April 1970

Service Charge: £8,500 per annum (including £100 Ground Rent)

Local Authority: Westminster

Ground Rent: N/A (included in Service Charge)

The next steps...

Establish funds

How will you fund the purchase?

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

They do all the legwork for you, working on your behalf with the lender
They compare wholesale mortgage rates from a large number of banks and lenders all at once
Their wholesale interest rates can be lower than retail (bank branch) interest rates
They offer more loan options because they work with numerous banks and lenders
They can finance tricky deals because of their knowledge and various lending partners
They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
You may already know the banker who will handle your mortgage
Banks may be more accountable than a smaller shop
They may offer lower interest rates in some cases
Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

Making an offer

with Carter Jonas.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

Need to sell a property

or thinking of letting?

If you have a property to sell, why not see how we can help you.

Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.

Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.