This vacant third-floor studio flat is located in the sought-after area of Paddington, close to local shops and amenities, with Hyde Park's open spaces within easy reach. The property is held on a 99-year lease from 1971, with approximately 45 years unexpired. The studio flat is situated within a purpose-built block, comprising a third-floor studio room, kitchen, and bathroom. While purchasing a flat with a short lease requires additional consideration, as a lease extension to 90+ years may incur a premium to the freeholder, this property offers a unique opportunity to own a well-located flat in a desirable area.