Property Description

Interested parties should contact Knight Frank Auctions for further information.This two bedroom apartment is arranged on the third floor of a residential building located moments from Hyde Park. The apartment offers outside space with views towards Hyde Park and building Porter. Enter into a wide hallway with ample storage, this hallway divides the property with the reception to the front and the living areas to the rear. The reception is a nice spacious room with ample room for dining and entertaining while also giving access to a private balcony. The kitchen features lots of worktop space, breakfast bar and integrated appliances. The two bedrooms are of equal size and benefit from fitted storage, while the principal suite offers an en suite bathroom. There is also a contemporary tiled shower room.Location: Porchester Terrace is a residential road situated moments from the open spaces of Hyde Park and the many shopping amenities of Queensway. The nearest underground stations include Queensway (Central line) and Bayswater (Circle and District line). Paddington mainline (Heathrow Express and Network Rail) and underground (Circle, District, Bakerloo and Hammersmith and City lines) station is within easy reach. Porchester Terrace is also perfectly positioned for the new Crossrail which opened in May 2022 and offers faster journey times into the City and Canary Wharf.Note: The buyers fee is £1,500 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.Leasehold Information: Length of lease: Held for a term of 99 years from 24 June 1973 (thus having approximately 49 years unexpired)
Current ground rent: A current ground rent of £41.25pa as at Feb 2022
Ground rent review period: TBC
Current service charge: £5,856.30pa as at Feb 2022
Service charge review period: TBC

This information should be clarified in the legal pack and we’ll update the information above when we receive it.Tenure: LeaseholdEPC Rating: C