Features
- 1 Reception
- Balcony
- Excellent rental value
- Reburbished
Beautifully refurbished 1-bed apartment on the 5th floor of a red brick building with lift access. Features a modern kitchen, full-length balcony, and access to a gated communal garden. Leasehold 113 yrs, GR £10, SC £2,611.50 pa.
A beautifully refurbished one-bedroom apartment situated on the fifth floor of an elegant red brick building. This bright and spacious home features a modern, fully equipped kitchen with state-of-the-art appliances — perfect for those who love to cook and entertain.
The apartment also boasts a full-length private balcony, offering an ideal space to relax and enjoy the outdoors. Residents can further unwind in the exclusive gated communal garden, a serene green retreat in the heart of the city.
The building provides lift access and on-site management, ensuring comfort and convenience. This home offers easy access to London’s finest restaurants, shops, and open green spaces.
Key details:
Tenure: Leasehold – approximately 113 years remaining
Ground Rent: £10 per annum
Service Charge: £2,611.50 per annum
Council Tax Band: B
Tenure: Leasehold (113 years)
Ground Rent: £10 per year
1. Estimated Running Costs (Guide Only)Below is an approximate monthly breakdown based on current figures:
✔️ Service Charge: £2,466 per year, which works out at approximately £205.50 per month when averaged over 12 months. (It is currently paid over 10 months, with 2 months break.)
✔️ Council Tax:
£144 per month (currently registered as single occupancy; a couple would likely pay approximately £164 per month).
✔️ Electricity: Approximately £50 per month (prepaid/top-up key system — usage dependent).
✔️ Water: Approximately £32 per month.
Based on this, the estimated total average monthly running cost would be approximately £430–£450, depending on usage and council tax banding.
2. What the Service Charge Covers?
The service charge includes maintenance and management of communal areas and shared facilities. This typically covers:
✔️ Caretaking and communal cleaning
✔️ Lighting in communal areas
✔️ Lift maintenance and servicing
✔️ General repairs and maintenance to communal parts
✔️ Building insurance (structure)
✔️ Grounds maintenance
✔️ Management costs
Importantly, the service charge also covers central heating for hot water and heating within the flat, which helps keep individual utility costs lower.
3. Bin LocationThere are communal bins located within the building.From the 5th floor, take the lift on the far right down to the lower ground floor. The bin room is located to the right as you exit the lift. From there, there is also access to exit via the Hampstead Road side of the building.
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