Two-bedroom apartment with a balcony in a new residential complex in the center of London, United Kingdom

£1,235,000

£17,642 /m²

Total area
70 m²
Bedrooms
2
Bathrooms
2

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Features

Total rooms: 3
11-floor building
5 floor
Completion in: 2021
Balcony or terrace
Swimming pool
Garden

A three-room apartment is situated on the fourth floor in a residential complex under construction, located between the tranquil waterways of Little Venice and the stylish mansions of Marylebone, London.

Description of the residential complex

The residential complex includes one, two and three-bedroom apartments.

The apartments sizes span between 50 m² and 104 m².

A beautiful garden will be in the territory of the residential complex.

The complex may offer at residents' disposal: an expansive swimming pool, a steam room, a sauna, a modern gym for personal training as well as a cinema room. You can book an entertainment & dining room, which offers an ample space to entertain guests.

The owners may use services of a 24-hour concierge.

Tenure type: 999-year lease.

All apartments benefit from a 10 year build warranty.

Interior

The apartment consists of a spacious living room with an open kitchen and with an entrance to the balcony, a master bedroom with en-suite bathroom, a bedroom, a shower room and a utility.

Equipment

stone effect porcelain splash back
fully integrated appliances including a hob and a single oven with pyrolytic cleaning
dishwasher, fridge freezer and washer dryer (washer dryer typically located in hallway cupboard)
underfloor heating to master bathroom
carpet to bedroom floors
low energy, low maintenance lighting scheme using LED — dimmer switches to living rooms and bedrooms
independent thermostatically controlled comfort cooling and heating via fan cooling unit multi-room system in all living rooms and bedroom

Location and nearby infrastructure

The apartment is located in the central part of London in Zone 1 between the Little Venice and the elite mansions of Marylebone.

Two beautiful London's parks — Regent’s Park and Hyde Park — are situated within walking distance of the residential complex.

The area has an excellent transport communication. Paddington and Marylebone stations are located a 10-minute walk from the property.

You can reach the University of Westminster and the London School of Economics by bus or by underground within 20–25 minutes. The Heathrow Airport is situated a 15-minute way by rail.

Property on the map

Location right down to the building, street or city
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If this property wasn’t for you, take a look at other new homes for sale in the United Kingdom.

You can see more new homes for sale in London elsewhere on our website.

How to buy property with Tranio

Enquiry

Send us an enquiry with an approximate description of the property or investment project you’re interested in.

Meeting the partners

After clarifying your enquiry, we will introduce you to our partners and/or local agents.

Offer selection

We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.

Viewing tour

You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.

Transaction closure

Having chosen the best property, you will sign the sales or investment agreement (for development).

FAQs

Can I get a mortgage abroad?

It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

How does the purchase procedure work?

The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

Can a residence permit be obtained by buying property?

In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

Can I obtain income from a seaside apartment?

Yes. You can use the purchased property yourself for holidays and lease it to tourists for the rest of the time. To avoid the hassle of finding tenants and cleaning the property, it’s a wise idea to hire a management company to do all the work – these services usually cost about 20% of the rent. Take into account the length of the tourist season in the location you choose: in certain regions it will be easy to rent apartments out all year round, while in others it might only be possible to do so during the high season.

How does Tranio make money if your service is free for the clients?

We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

Who guarantees the transaction security?

The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.