This property is no longer on the market
6 bedroom terraced house
Key information
Property description & features
- Freehold Mixed Use Building (Commercial & Residential)
- No Chain
- Potential to Convert to One Residential Unit
- Walking Distance to Numerous Tube Stations
- Shopfront with Street Access
- Over 2700 sq.ft
- Investment & Portfolio Opportunity
- Potential to Develop and Modernise
A unique freehold opportunity in the heart of Fitzrovia, this mixed use building is offered as a vacant possession with no chain. It is currently separated into two commercial offices and two residential flats. The building could be kept in its current make-up with two offices or turned into a stunning home, subject to the usual planning constraints. The property offers the potential to be fully modernised and redeveloped throughout to the buyer’s desired needs and tastes. The building is not listed or within a conservation area.
At street level, you enter through the shop front to the first office space. This space has parquet flooring, built-in storage, and a high finish meaning it could be used instantly for any business requiring a high street presence. To the rear of the first office is the open-plan office, with a contemporary kitchen and a further separate office on the first floor. In a proposal from an architect, this has been redesigned to be an open-planning living/kitchen room with a bespoke retractable roof offering outside space and a courtyard. The proposal also uses the raised rear office as a sixth bedroom but could be used as a playroom, home office, or studio as desired. On the lower ground floor, the basement offers a shared toilet space with a shower, a storage room, and a separate utility room with sink. For those wanting to convert the building, the basement could be a home gym with an adjacent cinema room and wine cellar.
The building has a separate entrance to bypass the shop front for the other office and properties. On the first floor is the second commercial office, which offers two separate rooms ideal for a small business with limited storage requirements. On the current proposal, they have suggested this floor to be the principal suite with an en-suite bathroom. On the second floor is the first residential property, with two separate rooms this could be converted to a commercial office if wanting to run the building as a fully commercial entity. Alternatively, the plans would be to split the floors into two large double bedrooms one with en-suite. On the top floor, the second residential space could be used as a fourth office with two rooms and a bathroom. Or if converting the space this could be changed into the fourth and fifth bedroom with the third bathroom.
There is potential to change the current building usage making it a six-bedroom home with three bathrooms subject to planning approval from Westminster council, or keep the building as mixed usage. Hanson Street is nestled in the heart of Fitzrovia, offering access to Oxford Circus, Tottenham Court Road, Euston Station, Great Portland Street and Goodge Street Station with numerous underground lines across London. All of these stations are under a 15-minute walk making the property highly accessible. The world renowned shopping of Oxford Street and Regent Street is close by. As there are numerous popular restaurants, bars and cafes on the doorstep.
Tenure: Freehold
Places of interest
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Broadband availability and predicted speed: obtained from Ofcom on January 30, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 30, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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