A freehold residential investment opportunity in Marylebone
An unbroken freehold building in Marylebone consisting of 5 residential apartmentsThe building has 1 x three bedroom apartment, 3 x two bedroom apartments and 1 x one bedroom apartmentGIA of 4,747 square feet and a NSA of 4,206 square feetAll 5 apartments are currently let producing an income of £191,424 per annumThe building has the benefit of air-conditioning in four of the five of the apartmentsThe building has been refurbished to a high standard throughout however it represents an opportunity to improve returns through active asset managementThe building is grade II listed and sits within the Portman Estate conservation areaLocation descriptionMarylebone is a chic residential hotspot situated in prime central London. As the ultimate urban village famous for its restaurants and retail, Marylebone is a popular destination which offers a peaceful escape from the hustle and bustle of central London. Due to its prominent location, Marylebone is exceptionally well connected with several major train stations, tube lines and bus routes within easy reach, making it easy to travel both within London and beyond. Marylebone, Bordering Oxford Street to the south and Regent's Park to the north, Marylebone residents have everything at their fingertips. Regent's Park is the largest grass area for sports in Central London and offers a wide variety of activities including beautiful gardens, the London Zoo, a boating lake and even an Open-Air Theatre. Other Royal Parks including Hyde Park, Green Park and St James's Park are also in close proximity to Marylebone.
Gloucester Place, London, W1U