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40 bedroom block of apartments for sale

Romilly Street, London W1D
Block of apartments
40 beds
38 baths
16996
Added > 14 days

Key information

TenureLeasehold
Council taxAsk agent

Features and description

  • Please quote SO1137 For All Enquiries
  • Luxury Residential Portfolio For Sale
  • 23 self contained flats
  • Across 8 buildings
  • Gross Income - £1,150,000 p.a
  • 2 unbroken blocks within portfolio
  • SPV/BVI owned
  • Freehold and 990 yr lease
  • Lift access

A rare opportunity to acquire a portfolio of 23 income-producing luxury apartments across eight buildings. The portfolio includes two complete residential buildings, comprising three and five apartments respectively. The breakdown is as follows:

3 Unit Freehold entire block
5 Unit leasehold entire block (144-yr lease)
5 Units in one building (990+yr lease)
3 Units in one building (990+yr lease)
2 Units in one building (990+yr lease)
2 Units in one building (990+yr lease)
3 Individual units (990+yr lease)

Gross income of approx £1,145,000 per annum, (underlet)

Total service charge approx £150,000.

Assets are held in purchasable SPV/BVI's .

This represents a great opportunity for an investor or family office to acquire at below market value and drive further value through active asset management, short-let accommodation, and targeted capital expenditure.

Floor Plans, Internal Images, Service Charge and Schedule of Accommodation available on request.

About this agent

eXp UK - London
eXp UK - London
114 St. Martin's Lane London, England WC2N 4BE
020 3641 0463
Full profileProperty listings
eXp UK are the newest estate agency business, powering individual agents around the UK to provide a personal service and experience to help get you moved. Here are the top 7 things you need to know when moving home: Get your house valued by 3 different agents before you put it on the market Don't pick the agent that values it the highest, without evidence of other properties sold in the same area It's always best to put your house on the market before you find a property The estate agent acts for the seller and is there to get the seller the best price possible Understand the length of time it can take - 14 weeks from when you accept an offer, or have an offer accepted to move in! A long time! It can get stressful, but speak to your agent and your solicitor and they will put you in the picture Be nice to estate agents - we're pretty nice people, offer some great advice and will help to get you moved.
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