Block Of Flats in London

London, W1D 5AE

Block Of Flats

GBP 32,000,000

• 40 bedrooms
• 38 bathrooms
• 16,996 sqm

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.