Property Investment Ref: PI01232
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1 Westbourne Crescent
London W2
Opportunity to acquire a superb Grade II listed property in need of refurbishment
Introduction
On the instructions of the LPA Receivers, DTZ has the privilege of offering for sale 216 Sussex Gardens/1 Westbourne Crescent, a superb Grade II listed building within close proximity of Hyde Park.
The property is currently arranged as six self contained flats, with excellent floor to ceiling heights, large commonareas and attractive period features.
The property is vacant and presents the opportunity to carry out full refurbishment to create a new high end residential scheme within this sought after part of west Central London.
We are not retained and would require a fee to be agreed further information is available
on receipt of a Letter of Interest and a signed Fee agreement.
The area is largely characterised by Georgian stucco terraces and garden squares, mostly, although not exclusively, divided up into flats. In addition, there are a number of purpose built apartment blocks (such as the Colonnades, Porchester Square and the Watergardens, Burwood Place), the majority dating from the interwar periods, as well as more recent developments, offices, hotels and retail premises.
The site benefits from excellent access to local amenity space, with Hyde Park lying approximately five minutes walk to the south of the site, as well being within close proximity of a range of public transport points.
The nearest transport links to the property are Lancaster Gate Underground Station (Central Line) and Paddington Underground (District, Circle, Bakerloo and Hammersmith and City Lines) and Mainline Station (operated by First Great Western, offering services to destinations west of London including Bristol, Bath, Exeter and South Wales and
closer by, to towns within the Thames Valley). Paddington also acts as London’s key link to Heathrow Airport; either via the Heathrow Express (nonstop) or the Heathrow Connect. The local area is also well served by the London Bus network.