Sussex Gardens, London, W2

Property Details: - Type: Flat - Bedrooms: 1 - Bathrooms: 1

Agent: Moveli - London Phone: 020 3544 5257

Garden Flat, Moments from Kensington Gardens | Over 1,000 sq ft | Private South-Facing Courtyard | Value-Add Opportunity<br/><br/>A spacious and characterful garden flat extending to almost 1,000 sq ft, set within an imposing Victorian terrace on Sussex Gardens, just a short walk from Kensington Gardens and Paddington Station. Offering generous proportions, private outdoor space and clear potential to reconfigure or extend (subject to planning) if you so wish as many neighbours have done. This is a rare opportunity for anyone able to secure a mortgage easily or a buyer seeking a prime central London property with long-term upside.<br/><br/>Positioned on the lower ground floor of an elegant Victorian terrace, this substantial one-bedroom garden flat combines period charm with exceptional versatility in one of Westminster’s most connected and desirable locations.<br/><br/>The property offers a scale rarely found in comparable central London apartments. The layout works comfortably as a spacious one-bedroom home while also presenting exciting scope to create an additional bedroom if desired, subject to the necessary planning permissions, but these works have been done at the neighbours'. Neighbouring properties have even successfully extended into the vaults beneath the pavement, demonstrating the potential available within the building.<br/><br/>The reception room sits at the front of the property and features an attractive original fireplace, creating a warm focal point and an inviting entertaining space. A well-proportioned kitchen provides generous storage and preparation space, with room for informal dining.<br/><br/>To the rear, the double bedroom overlooks a private south-facing courtyard garden — a peaceful retreat ideal for morning coffee or evening relaxation. Natural light and privacy make this outdoor space a particularly rare feature for such a central location.<br/><br/>A separate study positioned off the kitchen, together with a storage room at the far end of the garden, offers further flexibility. Subject to planning consent, these areas could potentially be combined to create a second bedroom with independent access from either the garden or kitchen, mirroring similar conversions completed within neighbouring Sussex Gardens mansion buildings.<br/><br/>LEASE & INVESTMENT POSITION<br/><br/>The property is offered with approximately 56 years remaining on the lease, presenting a rare opportunity to secure a home in a prime central London location with excellent potential to enhance long-term value.<br/><br/>A recent RICS assessment estimates a lease extension premium of around £105,000. The vendor is willing to initiate and assign the statutory lease extension process, allowing a purchaser to continue seamlessly after completion and giving clarity and momentum from the outset.<br/><br/>While mortgage options may be limited at this lease length, the property will particularly appeal to cash buyers or those planning a lease extension as part of their purchase strategy. Under the current lease reform, a buyer can extend the lease at any point after ownership, and the process is straightforward. <br/><br/>Currently presented in excellent condition, the home offers scope for modernisation or reconfiguration, subject to the usual consents. Comparable properties with extended leases achieve significantly higher values, making this a compelling opportunity to create a bespoke home while enhancing future value.<br/><br/>A truly rare chance to acquire and shape a wonderful home in a highly desirable central London setting.<br/><br/>LOCATION<br/><br/>Sussex Gardens enjoys an exceptional position between Hyde Park and Paddington, combining green open spaces with outstanding transport connectivity.<br/><br/>Approximately 5 minutes’ walk to Kensington Gardens and Hyde Park<br/><br/>Paddington Station nearby, offering Heathrow Express, Elizabeth Line, Great Western Railway and Underground connections<br/><br/>Walking distance to Lancaster Gate and Connaught Village<br/><br/>Easy access to Edgware Road amenities, restaurants and local shops<br/><br/>Oxford Street is reachable within minutes via the Central Line or approximately a 15-minute walk<br/><br/>The location offers a rare balance of tranquillity, connectivity and central London lifestyle convenience.<br/><br/>Tenure: Leasehold<br/>Years Remaining: 56 years<br/>Ground Rent: £100 per annum<br/>Service Charge: £7,756 per annum<br/>Council Tax Band: E<br/>Local Authority: Westminster City Council<br/>Approximate Lease Extension Premium (RICS Estimate): £105,000