Lees Place, London

£12,000,000 - 13 bedroom detached house for sale

Photo 1 of Lees Place, London

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Property description

Investment Opportunity, Building For Sale . This is a low built property comprising eleven apartments over first to third floors and six commercial (A2/A1/B1) units over ground and lower ground with a total square footage of 12, 507sq ft (Gia). The entire building is owned on a headlease of 75years from December years remaining) and the apartments are owned on six Spv's allowing for possible lease extensions in the future. The commercial units are currently divided into six, although a license has been granted from the freeholders, allowing them to be combined to create one office of 6, 131sq ft. The residential (C3) part of the block has its own, private ground floor entrance and a lift servicing all floors, it benefits from established use for short term lettings (less than 90 days) and is currently fully let with an approximate income of £543, 400 pa.

Lounge (Reception)

Lounge (Reception)

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Lounge (Reception)

Lounge (Reception)

Lounge (Reception)

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Lounge (Reception)

Bathroom

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Kitchen

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Kitchen

Property Ref:3_1457_1525943

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For more information about this property, please contact Outlet Property Services, W1D on 020 3318 6617

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Lees Place home values and house price data

Lees Place Zed-Index! What is the Zed-Index!
£980,242

Turnover: 13.6% What is Turnover?

Avg. house price paid: --
No. of property sales: 0
Avg. house price paid: --
No. of property sales: 0
Avg. house price paid: £389,166
No. of property sales: 3
Avg. house price paid: £511,860
No. of property sales: 10

Local info for Westminster

This freehold 13 bedroom detached, located in Lees Place, London is listed for sale for £12,000,000. The current asking price is 1124% higher than the average current value for properties on Lees Place which is £980,242. There have been 0 property sales on Lees Place in the last 3 years, with sold house prices averaging --. This property has 13 beds, 11 baths, 11 receptions, and is located in Mayfair.

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