From
£7,000,000
Studio for saleGreycoat Street, Westminster, London SW1P
EPC Rating: C
- Leasehold
Tedworth Property
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About this property
A rare opportunity to acquire 6 individual units as an ongoing rental portfolio generating an income equating to a net yield of circa 4.5%.
Comprising a one bedroom apartment of 505 sq. Ft, three 2 bedroom apartments, and two 3 bedroom apartments, including a duplex penthouse of 2,068 sq. Ft, these apartments have been consistently let since construction in 2016/2017.
The specification throughout is of a high standard, including kitchen appliances by Miele and Siemans, comfort cooling to key rooms and underfloor heating. Wooden floors are finished in a washed fine oak timber, and compliment a blend with 100% wool carpets in the bedrooms and Forma Tortora Italian ceramic tiling in the bathrooms. All the apartments continue to present in good order.
For inofration regarding the individual beak down of rents please contact the agent but broadly the currnet gross income equates to circa £388,000pa.
Greycoat Street is in the heart of Westminster and is convenient for the array of restaurants, cafes, galleries, parks, concert halls, theatres, pubs, and markets, all with a notable history and culture and combining to make this a thriving and eclectic enclave of Central London.
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Tenure
Leasehold (990 years)
Service charge
Council tax band
A band has not yet been confirmed.
Ground rent
£999
Ground rent date of next review