No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Skip to main content
External
Reception
Living Room
£400,000
Added > 14 days

1 bedroom property for sale

200 Westminster Bridge Road, South Bank SE1
Save
Property
1 bed
1 bath

Key information

Tenure: Leasehold
Council tax: Ask agent
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold
  • 280 Sq. Ft (26sq.m)
  • Net Yield Approximately 5.61%
  • 999 Years Leasehold
  • 4* Hotel Suite
  • High Occupancy Rate
  • On-Site Bars & Restaurants
  • Conference Facilities
  • Leisure Spa
  • Situated on the South Bank of Westminster
  • No Service Charge & Ground Rent Payable
Unique Investment Opportunity with a Net Yield of 6.56%. This suite has demonstrated an increase in revenue year on year.

From the heart of London, this luxury suite is located in the Park Plaza Westminster Bridge Hotel and offers a 'hassle free' investment with a 6.56% NET. This investment further benefits from a 10 year proven financial track record, a 999 year lease and a 25 year operations contract with the international Park Plaza Hotels Europe Group

This suite meets with all expectations of a 4 star luxury hotel and comprises of a reception area with sofa bed, a double bed, kitchenette, fitted wardrobes and a contemporary bathroom.

Park Plaza Westminster Bridge Hotel offers a selection of bars, restaurants, conference facilities for hotel guests as well as leisure facilities including a swimming pool and spa, offering the perfect scenario for a conference, business event or a city break.

The benefits of this ‘hassle free’ investment include, no letting fees, no service charge & ground rent, no maintenance costs, the comfort of knowing that your suite is offered on a computerised rotation system ensuring high occupancy throughout the year & a steady monthly income.

Situated on the vibrant South Bank in the heart of London, an eclectic area buzzing with festivals, exhibitions, film and theatre. Boasting views across the river to the Houses of Parliament and Big Ben, Park Plaza Westminster Bridge London offers the perfect location for a conference, business event or a city break unmatched by any other hotel in London.

Places of interest

    Our services We specialise in selling and letting properties and that can involve a lot of related services. We can help provide the following; valuations, professional photography, floor plans, EPCs, let only, rent collection, full management, check-ins, check-outs, inventories, details of mortgage brokers and conveyancing solicitors. We also specialise in resales of high yielding hotels suites located in both Park Plaza County Hall & Park Plaza Westminster Bridge, both of which offer a hands off armchair investment.

    See more properties like this:

    *DISCLAIMER

    Property reference CAW160939. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by London Link - London.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    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

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on February 22, 2022

    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

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.