A 3 bedroom 1,838 sqft lateral penthouse, never been lived in with private parking (*1), Now offered at £3.95m, representing a £2 million reduction from its original 2024 launch price of £5.95m.
Flat 10, 28 Hyde Park Gardens, London, W2 2NB
Lot No: 4
Property Type: Penthouse
Contract Type: Unconditional
Sold for £3,950,000
• Offered at £3.95m, representing a £2 million reduction from its original 2024 launch price of £5.95m.
• Six south-facing sash windows with direct Hyde Park views
• Private off-street parking(*1), porter, lift, and award-winning communal gardens
• Air conditioning, wide-plank oak floors, bespoke kitchen with Arabescato marble and gas range
• Working gas fire, separate laundry, and loft storage
• To be offered for sale via Knight Frank Auctions on 30th October 2025 (unless sold or withdrawn prior).
Property Description
An exceptional opportunity to acquire a top-floor, turn-key, never-been-lived-in apartment with direct Hyde Park views, in one of central London’s most prestigious garden terraces.
Now offered at £3.95m, representing a £2 million reduction from its original 2024 launch price of £5.95m.
Today’s guide reflects a significant shift in seller motivation, creating an opportunity for buyers to purchase well below current turn-key comparables.
The apartment spans 171 sq.m (1,838 sq ft*2) (including storage) and has been fully re-modernised by a well-regarded local developer, with:
• Six south-facing sash windows with direct Hyde Park views
• Private off-street parking(*1), porter, lift, and award-winning communal gardens
• Air conditioning, wide-plank oak floors, bespoke kitchen with Arabescato marble and gas range
• Working gas fire, separate laundry, and loft storage
• Share of freehold, with long lease (approx. 980 years)
Perfectly positioned for Hyde Park, Paddington Station, the West End and Royal Albert Hall, this is a rare chance to acquire a high-specification apartment with serious upside — either as a London base or a strategic investment.
Auction: 30 October 2025 via Knight Frank
Guide Price: £3.95m
Tenure: Share of Freehold
Lease: Approx. 980 years
Note
The benefit of off-street parking is on a first come first served basis (*1).
The floor area includes 3.9 sq m (42 sq ft) of storage space. (*2)
Location
Hyde Park Gardens is located moments from the wonderful open green spaces of Hyde Park and Kensington Gardens. It is also ideally located for all the boutique shops and restaurants of Mayfair and Connaught Village. The apartment also benefits from excellent transport links. It is within a short walking distance from Lancaster Gate Station (Central Line) and Paddington Station, which now offers the new Elizabeth line. The area is particularly well served by several excellent schools and is considered one of London`s prestigious addresses.
Occupancy
Vacant
Tenure
Share of Freehold
EPC Rating
D
Auction Details: The sale of this property will take place on the stated date by way of Auction and is being sold as on an Unconditional basis. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to the Common Auction Conditions and Extra General Conditions. Auctioneer Fees and Deposit. The following deposits and non-refundable auctioneer fees apply: • 10% deposit of the purchase price, subject to a minimum of £5,000. The deposit contributes to the purchase price. • Buyer’s Fee- is £1950 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property. The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability. There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully and take professional advice before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions’ website. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack. Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Auction Conduct Guide.
Auction Information
30 October 2025 11:30
The Knight Frank Auction will be broadcast live online with telephone and internet bidding
Lot Information
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