Active
Great Portland Street
London, W1W
$19,950,000
$1,975.83 per sqft
Active
11 Beds
15 Baths
10,097 sqft
Other
United Kingdom Sotheby's International Realty are thrilled to showcase a mixed use building with excellent investment potential. This unique offering of five apartments and a commercial unit is positioned to capitalise on the very best that Marylebone and Fitzrovia has to offer. Located between Bolsover Street and Great Portland Street sits this rare luxury real estate investment opportunity. It is a newly developed, mixed use residential and commercial building that has immense income potential and a superb central London location. The residential portion of the building encompasses one duplex two-bedroom apartment, three two-bedroom lateral apartments and one split-level penthouse apartment. Each of these luxury properties has been beautifully appointed with chic and modern interiors that will appeal to a wide range of discerning tenants. The finish includes a host of elegant details including high ceilings, underfloor heating, state of the art appliances and an expansive, private West-facing roof terrace for the penthouse apartment. The apartments, all of which are accessed from Bolsover Street, and the commercial unit are held in six separate long leases, including the head lease with 992 years remaining. Owners of this mixed-use building can expect to see a projected income of --1,267,980. There is also space in the large entry foyer for a porter, which would underline the functionality and potential of the residential units for lucrative short lets. Since it has such an in-demand location only minutes from Regent---s Park, Harley Street and attractions like Madame Tussauds and the Welcome Collection, these apartments will be highly sought-after in the rental market.
UK-S-40320
MLSⓇ ID
April 26, 2024
Updated
Map
Great Portland Street
London, W1W
Interior Features
Bedrooms
11 Beds
Bathrooms
15 Baths
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Architectual Style
Other Style
Other Property Details
Garage
No
View
No
County
Greater London
Pool
No
Courtesy of Andrew Chambers
Based on information from DASH - Sotheby's International Realty (SIR) as of 4/26/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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Data last updated 6:40 AM UTC, 4/26/2024