£5,300,000

Block of flats for sale

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Freehold

Guide price

£5,300,000

(£1,381.29/sq. ft)

Block of flats for sale

Belgrave Road, Pimlico, London SW1V

From 3,837 - 5,041 sq. ft

Local area information

Property location

Nearby amenities

  • Pimlico Academy 0.1 miles
  • Pimlico Primary 0.1 miles
  • Pimlico 0.1 miles
  • St George Wharf Pier 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for City of Westminster, Victoria and Pimlico to find out more about the local area.

Features and description

  • Freehold
  • 0.1 miles from Pimlico Station
  • Grade II Listed mid-terraced stucco fronted building
  • Gia of 5,041 sq ft
  • Freehold
  • Income: £244,228 pa
A rare opportunity to acquire a prime residential investment located in the heart of Pimlico (Zone 1). Ideally situated 0.1 miles from Pimlico Station (Victoria Line). The property is a Grade II listed mid-terraced stucco fronted building arranged over lower ground to fifth floor. Comprising 17 x self-contained studios and a 2 bedroom flat. Gia of 5,041 sq ft and NIA of 3,837 sq ft. The property is currently producing a passing rent of £244,228 per annum with 7 units currently vacant. The 2 bedroom flat on the lower ground floor is occupied by a regulated tenant. We have been advised that the Estimated Rental Value in the current condition is in the region of £425,000 per annum. The properties represent an opportunity to significantly improve returns through active asset management. Once the apartments are fully refurbished the erv is likely to be in the region of £475,000 per annum. First time on the market in 24 years. Freehold.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. South London
  5. Millbank
  6. Belgrave Road