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Marchmont Street, Bloomsbury, London, WC1N

Offers Over
£1,600,000
Added on 15/04/2021
Tempocasa, London
PROPERTY TYPE
Block of Apartments
BEDROOMS
x3
BATHROOMS
x3

Key features

  • 3 Bathrooms
  • 3 Bedrooms
  • 3 Reception Rooms
  • Investment Opportunity
  • Block of Apartments
  • Freehold Building
  • Period
  • Freehold

Property description

Tenure: Freehold

An outstanding opportunity to invest in a stunning freehold building. This chance to acquire an SPV boasts the rare benefit of no stamp duty upon purchasing the building. The apartments generate a strong rental income reflected in a 5% rental yield. The building is comprised of 3 one-bedroom apartments which are finished to a high standard and have been refurbished recently, a commercial unit on the ground floor on a 999 year head lease as well as a lower ground apartment which has been sold on a long lease and contributes ground rent payments. Furthermore, there is a possibility to add a small terrace on the rear of the building subject to planning.

The property can be let on both long AST’S and on a short let basis as it is located moments away from Russell Square underground station as well as Kings Cross and attracts UCL and SOAS University of London students.


Marchmont Street, Bloomsbury, London, WC1N

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Russell Square Station0.2 miles
  • St. Pancras Station0.3 miles
  • King's Cross Station0.4 miles
Mortgages
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Market information
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About the agent

Tempocasa, London

1 Clarendon Road, W11 4JA

Tempocasa, London

With 30 years experience on the international real estate market we provide a professional service characterized by confidence in managing sales and lettings that opens doors to the global market. Tempocasa opened the first branch in Milan, Italy in 1988 and after having enjoyed worldwide success we finally arrived in London. We have strong international presence around the world with branches in different locations including Italy, Spain, Portugal, Luxembourg, Tenerife and Miami. We understa

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Stamp Duty calculator

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Disclaimer - Property reference NHG210074. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Tempocasa, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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