Offers over

£500,000

2 bed flat for sale
Lisson Grove, London NW1

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: D

  • Leasehold

London House

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About this property

    Prime Marylebone Investment Opportunity – 7.9% Gross Yield!

    Set on the third floor of the sought-after gated Portman Gate development, this well-proportioned two-bedroom apartment presents an excellent investor-only opportunity, offered with long-term tenants in situ and immediate income from completion.

    Prime Marylebone Investment Opportunity – 7.9% Gross Yield

    Set on the third floor of the sought-after gated Portman Gate development, this well-proportioned two-bedroom apartment presents an excellent investor-only opportunity, offered with long-term tenants in situ and immediate income from completion.

    The property features two generously sized bedrooms and a bright open-plan living and dining space, complemented by a fully fitted modern kitchen with a central island, creating a practical and highly lettable layout well suited to sustained tenant demand in this prime Central London location.

    Currently producing £39,600 per annum, with approximately one year remaining on the fixed-term tenancy, the property provides secure day-one income with no immediate void risk.

    • Gross Yield: 7.92%
    • Net Yield: 4.71% (after 10% management and £12,000 annual service charge)

    Residents of Portman Gate benefit from an excellent range of amenities, including a communal garden, swimming pool, on-site gym, 24-hour concierge service, and round-the-clock security, all of which enhance tenant appeal and support long-term investment value.

    Perfectly positioned for connectivity, the development is within comfortable walking distance of Marylebone Station and Baker Street Station, providing access to the Metropolitan, Jubilee, Bakerloo, Circle and Hammersmith & City lines, along with excellent mainline rail connections.

    Investment highlights include:
    • Income-producing from day one
    • Long-term tenants in place
    • No immediate void risk
    • Professionally managed
    • Strong Central London rental demand
    • Secure, amenity-rich gated development
    • Attractive entry price point for Marylebone

    Marylebone remains one of London’s most resilient and established central markets, underpinned by consistent tenant demand, world-class amenities, excellent transport links, and strong long-term capital growth prospects.

    Upon expiry of the current tenancy, there may be potential to reassess rental levels, enhance value through refurbishment (subject to condition), optimise the management structure, or consider future owner-occupation.

    This represents a rare opportunity to acquire a prime Central London asset combining strong yield fundamentals, immediate rental income, and future growth potential.

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    More information

    • Tenure

      Leasehold (958 years)

    • Service charge

      £12,000 per year

    • Council tax band

      A band has not yet been confirmed.

    • Ground rent

    • Ground rent date of next review

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    Property descriptions and related information displayed on this page are marketing materials provided by - London House. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact London House for full details and further information.