Sotheby's International Realty® Listing
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    49 Marchmont Street
    London, England, WC1N 1AP
    United Kingdom
    49 Marchmont Street London, England, WC1N 1AP United Kingdom
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    49 Marchmont Street
    London, England, WC1N 1AP United Kingdom

    Polina Shchepetkova
    Listing image
    Listing image

    Property details

    • Property type

      Single Family Homes

    • Status

      Available

    Marchmont Street

    A Freehold plus 3 upper residential flats at 49 Marchmont street, WC1N 1AP.


    A rare opportunity to purchase a freehold with 3 luxury flats situated on the upper 3 floors on the Grade II Listed building in the heart of Bloomsbury that has been refurbished to the high standards. These modern apartments feature high-quality stylish interiors including a custom designed fitted kitchen. All apartments come with built-in appliances, utility room and a new leasehold. Fibre Internet.


    Key features:


    • £63-68,000 rental yield per year. Selling with going concern or vacate on request. Ground rent £1400pa.

    • Total area: 1396 sq f

    • 3 x 1 bedroom apartments fully furnished let on ASTs.

    • Stylish, impressive and spectacular finish


    Location:

    The building is located in the heart of Bloomsbury 250m from Russell Square tube station.



    https://youtu.be/HypG76wMRFk

    https://www.youtube.com/watchv=YcLetrhvGqQ

    https://www.youtube.com/watchv=ba6Dw6cO2KE




    A few useful points about this building:


    • A holding company is selling so no stamp duty or transfer of shares tax

    • There is a potential to further development/value add: adding a terrace on the first floor as neighbores did and adding a bedroom in the attic.

    • long ASTs in place.

    • There is £350 ground rent per flat from the lower ground flat and 3 upper residential flats. 125 years new lease on each of the upper 3 flats.

    • The whole building have been refurbished with new mains such as water pipes, electrical wiring, new 3x boilers, new 3 x main switch board, the new gas pipes. All certificates are in place including a full planning permission, building control completion certificates.


    ESG


    Environmental: the building is upgraded to comply with all applicable environmental codes. The building has been fully insulated including the loft to provide energy efficiency.


    Social: strong tenant relations. There is a continuing communication with tenants to make sure their well-being while staying at the building. Community building.


    Governance: ethos of providing professional, agile, building management with same-day repair times while keeping rents affordable.


    Council Tax Band: D


    Lease Length: Freehold

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    about London

    The neighborhood is just four miles from central London and well served by numerous Tube stations.

    Amenities & Features

    • Listing Details
      • Property ID
        WEH9SF
      • Property type
        Single Family Homes
      • Marketed By
        United Kingdom Sotheby's International Realty
      • Status
        Available
      • Listing Price
        $2,017,857
      • County
        Greater London
    • Interior
      • Full Bathrooms
        3
      • Bedrooms
        3