Block Of Flats in London

£32,000,000

Covent Garden and Soho Residential Portfolio, London

Block Of Flats for sale in London, Covent Garden and Soho Residential Portfolio, 16996 m²

Covent Garden and Soho Residential Portfolio, London

£32,000,000

16996
Type: Block Of Flats

Description

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. 

Location

Covent Garden and Soho Residential Portfolio, London

Data

Object TypeBlock Of Flats
Purchase Price£32,000,000
Living Space16996 m²
Plot SizeN/A
Bathrooms38
Construction YearN/A
ConditionNot specified
Rooms78

Contact Agent

Listing Agent