40 bed block of flats for sale Romilly Street, London W1D

£32,000,000

Key info

  • Status: For sale
  • Type: Block of flats
  • Bedrooms: 40
  • Receptions: 38
  • Bathrooms: 38
  • Area: Romilly Street, London, London

Price changes

£32,000,000 16 days ago

Full description

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 block5 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.

None available

More articles