A fully-let income generating FREEHOLD townhouse with three luxurious flats situated on the upper three floors of this Grade II Listed building in the heart of Bloomsbury. The property is held in an SPV (no stamp duty). Rental yield is circa 5%.
Refurbished to high standards, the property features stylish interiors including modern fitted kitchens, spacious bedrooms and contemporary bathrooms. Arranged as three separate units the property offers flexibility for an owner occupier or investor to purchase a turnkey development in the heart of Bloomsbury.
The Basement Flat has been sold off as a long leasehold generating an annual ground rent income of £350. Commercial on the ground floor has got a head lease with 999 yrs with peppercorn rent.
Marchmont Street lies within the distinctly affluent and historical area of Bloomsbury. The property offers tranquillity in an exquisite central London location amidst the local shopping facilities and with easy access to the areas` extensive range of academic and medical institutions. The most prestigious shopping streets, world renowned restaurants, hotels and cultural landmarks are within a short stroll. There is easy access to the amenities of the Brunswick Centre (including a large Waitrose), UCL and to many other universities. The property is very well connected in terms of buses and tubes. The nearest Underground stations is Russell Square station (Piccadilly Line) 0.2 miles. London`s International Airports are easily accessible through the Underground and Mainline Station network at King`s Cross and the Eurostar link at St Pancras further enhances the area`s connectivity, reinforcing its stature as a vibrant and bustling slice of London life.
Available on: 2021-04-21
Terms: Not Specified