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Sussex Gardens, London, W2

London

£685,000
Listed on 25/02/2026

Property Details

Bedrooms
1
Type
Flat
Area
1019 sqft

Description

This character-filled garden flat offers a spacious living experience of nearly 1,000 sq ft within an elegant Victorian terrace in the sought-after vicinity of Kensington Gardens. Its prime location near Paddington Station and the lush expanse of Hyde Park adds to its appeal, especially for cash buyers looking for long-term value enhancement opportunities. The property boasts generous living spaces, highlighted by a welcoming reception area featuring an original fireplace that sets a charming tone for entertaining. The kitchen is well-equipped with ample storage options, allowing for comfortable dining experiences. At the back, the sizeable double bedroom provides a serene view of a private south-facing courtyard garden - a rare find in this central locale, perfect for quiet moments outdoors. Additionally, a separate study and storage room extend the flexibility of this flat. With potential planning permissions, these areas could be transformed into additional bedrooms or independent access points from the garden or kitchen, echoing successful transformations seen in neighboring properties. Current conditions are strong; however, there is scope for modernization and reconfiguration to elevate this space further. The property comes with about 56 years left on its lease but offers significant investment potential through lease extension options that have been estimated at £115,000 by RICS assessments. This makes it particularly attractive to those ready to invest in enhancing their home while simultaneously increasing its market value in an ever-desirable Westminster setting.

Investment Analysis

(W2 area)

Below Market Value

This property is priced -43.6% below area average per sq ft

-43.6%
Potential saving
This Property
£672/sq ft
Area Average
£1,192/sq ft
Avg Rent (weekly)
£1,043
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £75,000
Target Value
£1,336,449
10% above area average per sq ft
Potential ROI
+75.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (W2)

Area prices are falling by -18.8% over the last 12 months
3 year growth: -18.3%
5 year growth: -21.1%
Investment Disclaimer: Analysis based on W2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Sussex Gardens, London, W2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,471
Based on a loan of £513,750 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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