Top 10 streets to invest in Marylebone

Kay & Co is a well-recognised name in Marylebone. The family business has sold thousands of properties over the past 35 years, from town houses to mews houses. And many streets have risen from forgotten backwaters to some of the best places to live in the capital. Here, we pick the top ten pockets of potential in Marylebone.

1. Baker Street, London NW1

Its most famous resident would soon have deduced that Baker Street is a great place to invest. This busy three-lane highway is also likely to be more appealing with the proposed two-way traffic system. Its buzzing northern end finishes at Regent’s Park and there are elegant period properties dotted along the road. Prices start at about £750,000 for a one-bedroom flat. It’s elementary, my dear Watson.

• We have a two-bedroom flat for sale at £1,050,000 on Baker Street, London NW1. For more details, visit
www.kayandco.com/property-for-sale/apartment-for-sale-in-baker-street-marylebone-london-nw1/9387

Baker Street Apartment Bedroom

 2. Old Marylebone Road and surrounds, London NW1

Transept Street and Cabbell Street are dominated by red-brick Victorian mansion blocks. These are popular with buy-to-let landlords, yet the size and central location are well suited to families. The larger, four-bedroom flats sell for £1.5m upwards, while you might find a two-bedroom apartment for less than £1m. Two-bedroom apartments rent out at about £500 a week. Prices are undervalued here at the moment, so it’s a good place to buy before the market catches up.

• We have a four-bedroom flat for sale at £1.6m. For more details, visit
www.kayandco.com/property-for-sale/apartment-for-sale-in-transept-street-london-nw1/9393

3. Seymour Place, London W1H
This once overlooked road is getting smarter all the time. The Portman Estate have invested time, money and energy into this street in particular. They have transformed rundown retail premises into trendy restaurants and boutiques. Most Seymour Place properties are purpose-built blocks of flats. One-bedroom flats start at about £600,000. Kay & Co is marketing apartments at OneTwentyFour, a new boutique residential scheme of 12 luxury flats (most with private outdoor space), including two stunning penthouses. For more information, visit
www.kayandco.com/property-for-sale/penthouse-for-sale-in-seymour-place-marylebone-london-w1h/9770

4. Gloucester Place, London NW1, W1
Currently a busy three-lane, one-way thoroughfare, there are proposals to slow down the traffic by turning Gloucester Place into a two-way system. This would be beneficial for everybody, improving ease of access and quality of life. The road is largely tree-lined and boasts some beautiful Georgian gems. Purpose-built flats range from around £900,000 to £2m. Conversions within the handsome period terraces start from about £400,000 for a studio up to £2.5m for larger flats.

5. Balcombe Street, London NW1
This is a quiet side-street lined with pretty Georgian terraces. The NW1 postcode means it is less expensive than neighbouring W1. Nevertheless, it shares W1’s advantages, with great public transport links and proximity to shops and Regent’s Park. The starting price for a one-bedroom flat is £550,000.

6. Harcourt Street, London W1H
Tucked away off the Old Marylebone Road, this quiet one-way street benefits from one of London’s best contemporary Japanese restaurants. If you live near Dinings (www.dinings.co.uk) at No 22 you might at least stand a chance of getting a booking. A one-bedroom flat in Harcourt Street is around £800,000, while anything bigger is more than £1m.

7. Molyneux Street, London W1H
This street of gracious Georgian terraces will only be enhanced by the redevelopment of its corner building, Elliott House. The formerly block will be reborn as One Molyneux Street and its stylish units are selling off-plan for £2m. This revival should boost prices all along the street, which hover, on average around £600,000 - £625,000 for a one-bedroom flat. A Georgian town house could start from £2.5m.

8. Montagu Square, London W1H
Just north of Oxford Street and Marble Arch, Montagu Square is the only wholly residential garden square in Westminster. It is a prime street that is sure to hold its value. It even has starry connections: Ringo Starr once lived here. The average value of a flat is just under £2m. Houses cost around £10m. Kay & Co has an elegant three-bedroom apartment for sale (£2.7m). For more information, visit
www.kayandco.com/property-for-sale/apartment-for-sale-in-montagu-square-marylebone-london-w1h/1815

9. Marylebone High Street, London NW1
While Oxford Street might lure shoppers from all over the world, Marylebone High Street is where those in the know go. The village atmosphere of Marylebone, with its independent stores and designer boutiques, has a wholesome appeal. Here is the beating heart of the city. Step outside your door for cafes, shops and all the services you could need. You can find short-lease one bedroom flats for around £350,000 and two bedroom apartments start at £550,000.

10. Dorset Square, London NW1
This leafy garden square feels a million miles away from the busy streets of the capital, but it is in the centre of the action. It has all the advantages of the West End, but is less expensive than W1. Dorset Square was the home of English cricket (MCC) – the gardens are laid out on the original ground set up by Thomas Lord. The average price for a flat here is £1.5m, yet it’s not beyond the realms of possibility that there might be a dilapidated studio waiting to be rescued from a short lease.

• Contact Kay & Co estate agents for details of properties for sale or to rent in Marylebone, Bayswater, Paddington, Notting Hill, Mayfair, Fitzrovia, Regents Park and The West End (020 7262 2030; www.kayandco.com/property-search/property-for-sale-in-london).

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