Property Investment Ref: PI01232

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                                                             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 16 Westbourne Street

Lancaster Gate, London W2

Off Market, £5 million 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A Stucco-fronted substantial property, in the heart of fashionable W2, available as an excellent investment opportunity with scope for development (stpp).

The double-fronted Listed period-building is arranged over 6 floors and currently comprises a one bedroom flat, 15 self-contained studio flats and 6 bedsits; rented on short-term lets.

Now expired previously accepted planning permission (01/09098/LBC) to convert into 8 self-contained luxury apartments.

All fixtures, fittings and furniture: including wardrobes, cabinets, chests of drawers, beds, televisions, and curtains are included. Turnkey investment.

Available freehold and as a SPV.

Appraisal

£5,000,000

This equates to a potential of 5.88% yield

W2 2TZ

 

 

 

 

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

on receipt of a Letter of Interest and a signed Fee agreement.

 

        Home Page       Page Back

       Hotel Investments

 Commercial Investments

  Land Developments

  Investors Page