Property Investment Ref: PI01261

 

                                                             There is little chance of a quick return to a housing boom despite the possibility of UK prices rising over the course of the year, surveyors say.

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NEW  5 LINCOLNS INN FIELDS

 

New  5 LINCOLNS INN FIELDS  LONDON WC2A 3BT

 

I have direct contact with the owner   -    Purchase price £4 million   -    Finance in place at £3 million   -   Needs min £700000 works   -   End valuation £7.2 million

Valuer's Report is available

No Further Information will be provided until a LOI or POF is Available

 

PL2L can arrange the building works if needed to keep the refurbishment budget  in place.

     

We are not retained and would require a fee to be agreed further information is available

on receipt of a L.O.I or P.O.F

 

LOCATION

This property forms part of a very attractive London square, mainly enclosed with Georgian buildings. Whilst there are some flats in Lincolns Inn Fields, this we understand is                            the only house to be used solely for residential purposes and we further understand that this is the first such property to come to the market for 150 years. The majority of                     buildings around Lincolns Inn Fields have been converted into offices and are occupied by the legal profession. This is a busy  cosmopolitan area of Central London with all                       usual amenities being close at hand.

 

Valuer's Report

£5,200,000

(five million two hundred thousand pounds)

2. Market Value at today’s date when reinstated as a single private dwelling house and

when refurbished to a bespoke standard:

£8,500,000

(eight million five hundred and fifty thousand pounds)

 

 

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