Studio for sale

Harley Street, London W1G

Lot 47 **for sale by online auction** on 25th March 2026

Leasehold Roof Space with Planning Consent Granted for a Two Bedroom Flat

Situated on Harley Street, in a sought after location close to local shopping/travelling facilities including Regents Park (Bakerloo Line) and Great Portland Street (Circle, Metropolitan and Hammersmith & City Lines) Tube Stations. The Regent's Park is also nearby.

A Leasehold Roof Space

Planning Consent has been granted by City of Westminster on the 11th June 2025 for Removal of Existing Roof Structures and the Erection of a Single Storey Roof Extension at 7th Floor Level to Provide a Two Bedroom Flat with and enclosed plant area at the front and the creation of a rear terrace Copies of the proposed plans are available for inspection. (Planning Reference 23/08248/full)

Leasehold for a term from 28th January 2025 expiring on 15th October 2055 (thus having approximately 29 years unexpired) at a fixed ground rent of a peppercorn.

Note 1: The property is sold with the freeholders consent for development.

Note 2: We have been advised, once constructed the lessee of the flat will be able to extend their lease with the freeholder. When the lrfa 2024 act is enacted marriage value will no longer be payable. Indicative lease extension costs are available in the legal pack. Purchasers must rely on their own enquiries.

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.

There is a buyers fee payable to McHugh & Co of £1,200 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.

The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.