Off-market opportunity to acquire a freehold period mansion block within a short walk of Buckingham Palace, St James’s Park and Victoria.
Property overview
- Stucco-fronted Victorian building on lower ground, ground and five upper floors, with passenger lift
- 14 apartments (mix of 1, 2 and 3 bedrooms), approx. 16,800 sq ft net internal area
- 11 units let on ASTs, 3 vacant and refurbished — immediate rental or sale-ready
- Current gross rent approx. £1.05m p.a. with reversionary potential
- Planning potential for a rooftop extension (subject to consents)
Terms
Guide price £38.5m for the freehold, subject to contract. Sale by way of a company (SPV) also possible. Full data room, title and tenancy schedule available to qualified buyers after NDA and proof of funds.
Principals and buyers’ agents with a registered client only, please.