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Raynham, Norfolk Crescent, Hyde Park, W2

London

£1,995,000
Listed on 29/04/2026

Property Details

Bedrooms
4
Type
Flat
Area
1555 sqft

Description

Positioned on the ninth level of the desirable Raynham building on Norfolk Crescent, this spacious lateral apartment offers an impressive 1,555 sq ft of living space primed for modernization. Featuring four large bedrooms and a bright, south-west facing reception room that enjoys ample natural light through expansive windows with stunning views, this property holds significant renovation potential. Residents benefit from lift access and a dedicated porter service, along with access to well-maintained communal gardens, providing a serene escape in the heart of Central London. Its prime location near Connaught Village, Hyde Park, and Paddington station ensures easy access to amenities while maintaining a peaceful environment. With a long leasehold of 977 years remaining and a service charge currently at £16,100 including reserves, this apartment represents an attractive investment opportunity for those looking to enhance its appeal further. The current EPC rating is C.

Investment Analysis

(W2 area)

Above Market Value

This property is priced +7.5% above area average per sq ft

+7.5%
This Property
£1,283/sq ft
Area Average
£1,193/sq ft
Avg Rent (weekly)
£1,001
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£2,040,798
10% above area average per sq ft
Potential ROI
-3.5%
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
2%
Properties sold annually

Local Market Trend (W2)

Area prices are falling by -16.8% over the last 12 months
3 year growth: -21.5%
5 year growth: -19.1%
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

Raynham, Norfolk Crescent, Hyde Park, W2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£7,066
Based on a loan of £1,496,250 over 30 years at 3.91% 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.

Stamp Duty Calculator

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