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Real Estate · For Sale

40 bedroom block of flats for sale

Price

£32,000,000

Location

Romilly Street, London W1D · London · W1D 5AE · GB

Bedrooms

40

Bathrooms

38

Receptions

38

Type

apartments

About this property

A rare opportunity to acquire a portfolio of 23 income-producing luxury apartments across eight buildings. The portfolio includes two complete residential buildings, comprising three and five apartments respectively. The breakdown is as follows: 3 Unit Freehold entire block 5 Unit leasehold entire block (144-yr lease) 5 Units in one building (990+yr lease) 3 Units in one building (990+yr lease) 2 Units in one building (990+yr lease) 2 Units in one building (990+yr lease) 3 Individual units (990+yr lease) Gross income of approx £1,145,000 per annum, (underlet) Total service charge approx £150,000. Assets are held in purchasable SPV/BVI's . This represents a great opportunity for an investor or family office to acquire at below market value and drive further value through active asset management, short-let accommodation, and targeted capital expenditure. Floor Plans, Internal Images, Service Charge and Schedule of Accommodation available on request.

Location

Romilly Street, London W1D · London · W1D 5AE · GB