40 bed block of flats for sale

Romilly Street, London W1D

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.