Great Portland Street, Marylebone, London

  • $23,000,000
For Sale

Great Portland Street, Marylebone, London

  • $23,000,000

Overview

Property ID: 382KZM
  • Villa, Residential
  • Property Type
  • 11
  • Bedrooms
  • 15
  • Bathrooms

Description

Great Portland Street

United Kingdom Sotheby’s International Realty are thrilled to showcase a mixed use building with excellent investment potential. This unique offering of five apartments and a commercial unit is positioned to capitalise on the very best that Marylebone and Fitzrovia has to offer. Located between Bolsover Street and Great Portland Street sits this rare luxury real estate investment opportunity. It is a newly developed, mixed use residential and commercial building that has immense income potential and a superb central London location. The residential portion of the building encompasses one duplex two-bedroom apartment, three two-bedroom lateral apartments and one split-level penthouse apartment. Each of these luxury properties has been beautifully appointed with chic and modern interiors that will appeal to a wide range of discerning tenants. The finish includes a host of elegant details including high ceilings, underfloor heating, state of the art appliances and an expansive, private West-facing roof terrace for the penthouse apartment. The apartments, all of which are accessed from Bolsover Street, and the commercial unit are held in six separate long leases, including the head lease with 992 years remaining. Owners of this mixed-use building can expect to see a projected income of –1,267,980. There is also space in the large entry foyer for a porter, which would underline the functionality and potential of the residential units for lucrative short lets. Since it has such an in-demand location only minutes from Regent—s Park, Harley Street and attractions like Madame Tussauds and the Welcome Collection, these apartments will be highly sought-after in the rental market.

Address


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  • Address Great Portland Street, W1W, Marylebone London, England, W1W United Kingdom

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  • City London

Details

Updated on November 19, 2023 at 1:10 pm
  • Property ID: 382KZM
  • Price: $23,000,000
  • Bedrooms: 11
  • Bathrooms: 15
  • Property Type: Villa, Residential
  • Property Status: For Sale

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