1 bed flat for sale

Flat 31A Hanover Gate Mansions, Park Road, Regents Park, London NW1

Guide Price = £180,000+

**For Sale By Public Auction 15th July 2026 12:00 pm. To inspect the legal documents for this property go to our website to download the legal pack**

A Vacant Ground Floor One Bedroom Flat

6 Week Completion Available or Earlier if Required

Tenure
Leasehold. The property is held on a 120 year lease from 1st July 1973 (thus approximately 67 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of The Regent's Park are within easy reach. Transport links are provided by Baker Street underground station (Bakerloo line) and Marylebone rail station.

Description
The property comprises a ground floor one bedroom flat situated within a purpose built block arranged over ground and four upper floors.

Accommodation
Ground Floor
Reception Room
Kitchen
Bedroom
Bathroom

Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.

Open House Viewings:
Viewing Schedule (No Booking Required)

Monday 6 July 2026 3:45 pm - 16:15
Wednesday 8 July 2026 3:45 pm - 16:15
Friday 10 July 2026 3:45 pm - 16:15
Saturday 11 July 2026 3:30 pm - 16:00
Tuesday 14 July 2026 3:45 pm - 16:15