Flat for sale in Cedar House, Nottingham Place, London W1U, London,

United Kingdom Sotheby’s International Realty are excited to present this rare investment or break-up opportunity in the heart of Marylebone.

A rare pair of adjoining six storey buildings, comprising of 17 modern apartments spanning a total of 10,547 square feet, with an abundance of original period features, are located within a well-maintained red brick Victorian building in the heart of Marylebone on Nottingham Place. The gross internal area of the building totals 12,667 square feet. The entrance hall has been interior with Minoli porcelain floor tiles, carpeted stairs and communal hallways. Due to the cross-converted nature of the buildings, Cedar House provides highly sought after apartments that are equipped with a new passenger lift, and eligibility for Westminster parking permits. Additionally, a full ff&E designer rental package to the latest regulatory standards is available.

With a Freehold tenure, the current building erv in unmodernised condition is £714,500 per annum and £13,740 per week. There is potential for an incoming purchaser to fully redevelop the building to a high specification. This would increase the erv of the building to c.£1,071,750 per annum.

The apartments consist of:
> 1 x Studio apartment
> 5 x 1 bedroom apartments
> 11 x 2 bedroom apartments
(7 apartments feature outdoor space)

Marylebone is an affluent residential village, characterised by its architecture of ornate red buildings and Georgian streets. Nestled between leafy Regent’s Park to the north and the retail district of Oxford Street to the south, Marylebone boasts a central location with excellent access to central London’s first class retail and dining scene. Marylebone has however itself become fabled for its multitude of independent cafes, delis and shops.

Do not miss this rare once in a lifetime investment opportunity and contact us today to arrange a viewing.