Current Instructions

Residential Investment

Warren Street, London W1T

Available
DESCRIPTION
  • An opportunity to acquire a portfolio of three adjoining maisonettes directly opposite Warren Street Station.
  • Benefitting from a prime Zone 1 location, ideal for residential investors.
  • Arranged as 15 rooms across three apartments over first, second and third floors (comprising 1 x three bedroom maisonette and 2 x six-room HMOs).
  • 10A Warren Street falls within C3 use class, with an estimated break-up value of £1,000,000, whilst 11A and 12A Warren Street are classified as HMOs.
  • Total NIA of 3,895 sq ft.
  • Estimated Rental Value (ERV): £264,000 per annum.
  • Being sold with Vacant Possession.
  • The property is held on a long leasehold interest expiring 20 June 2086 (approximately 60 years unexpired). This sits beneath a superior headlease, which also expires in 2086, with the freehold owned separately by a third party.
PROPOSAL

Guide Price : £2,400,000
subject to contract

By order of fixed charge receivers. Prime Zone 1 portfolio of 3 adjoining maisonettes opposite Warren Street Station
Key features
1 x 3 bed maisonette, 2 x 6 room HMOs
NIA of 3,895 sq ft
ERV of £264,000
Being sold with Vacant Possession
Prime zone 1 location
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