3 bedroom terraced house for sale in London WC1

Further details

This is a rare opportunity to purchase a freehold mixed use investment on a popular Street in Bloomsbury. The property comprises of three upper floors with a large studio flat on each floor (with potentual to convert into one bedroom flats). Ground and lower ground floors has official A3 useage and is rented out to a restaurant. the combined income of the building at present is £60,000pa. It is feasible to increase this income by improving the flats and reviewing the rental income from the restaurant at the next rent review date.

General Description:
This is a rare opportunity to purchase a freehold mixed use investment on a popular Street in Bloomsbury. The property comprises of three upper floors with a large studio flat on each floor (with potentual to convert into one bedroom flats). Ground and lower ground floors has official A3 useage and is rented out to a restaurant. the combined income of the building at present is £60,000pa. It is feasible to increase this income by improving the flats and reviewing the rental income from the restaurant at the next rent review date.

Area:
Located in the heart of Bloomsbury, Marchmont Street is close to both the newly refurbished Brunswick Centre and the Eurostar at St Pancras. Nearest tube can be found at Russell Square.

Total Square Footage:

Tenure:
Freehold

Special notes:
To view this property please call: 020 7291 0650 or 020 7833 4466

Exterior:

3 Bedrooms