Block of flats for sale in King Street, London WC2E
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Property description
An exclusive residential sales and investment opportunity of four income producing apartments, recently refurbished and furnished to a high standard.
This sale consists of three 1 bedroom apartments, with an additional duplex 1 or 2 bedroom penthouse with a private roof terrace on the top floor.
This sale includes the long leasehold interest in all four apartments, but also includes all common internal areas. This structure gives much more control over the upper parts, and internal flexibility to an incoming purchaser.
For example, the configuration could either be a straight investment with incredibly strong and flexible income, or a mixture of income-producing units and owner occupation.
Building Specification
- Self contained upper parts with exclusive access from street level
- All communal areas/hallway included within the lease
- Low maintenance and easy roof access
- Rooftop terrace with direct views of the Piazza
- Dual aspect
Interior Specification
- Fully fitted kitchens
- Integrated neff appliances
- Induction Bosch hob
- Stylish furnishings and interior design
- Full height wardrobes in bedrooms
- Wooden floors throughout
- Intercom door entry system
Investment Summary - 7 King Street, WC2E 8HN
Guide Price: £4 million STC
- Long leasehold of all the upper parts (105 years remaining)
- All apartments completely refurbished less than 18 months ago
- Lease includes common areas and control
- A turn key investment including furnishing, dressing and staging with no void upon completion.
- High income with proven returns
- 2023 Gross Revenue | £362,060.35
- Representing a gross yield of 9%
- Energy Rating c-e | EPC available upon request
- Sole agency for all viewings: Be London Investments
The Be London difference
Be Londons innovative business model has a legacy of increasing returns by managing each apartment through a blend of extended corporate stays, mid term residential stays and the occasional vacation rental. This unique revenue blend enables Be London to maximise the revenue of a property.
A partner and a consultancy
As landlords and developers, we understand property and owners requirements, consulting on the routes to market to achieve optimal revenue through our own experience.
Maintain control of your property
Control your assets as and when you need to, maintaining exclusive possession and rights on your property, eliminating the risk of nonpaying tenants.
Extensive market research
Through our brand portfolio and solid partner relationships, we have extensive access to multiple markets including corporate, high-end student and leisure stays.
Property info
Apartments 1-3 Floorplans View original
Apartment 4 Floorplan View original
For more information about this property, please contact
Be London Investments, WC2H on +44 20 3544 0549 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Be London Investments, and do not constitute property particulars. Please contact Be London Investments for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.