8 Bedroom For Sale
A rare opportunity to acquire a substantial freehold building, ideally located within walking between Euston and King's Cross.
The property comprises six studio apartments arranged over the first and second floors, together with a spacious two-bedroom apartment set across the ground and lower ground floors. All studios are self-contained, with the exception of Studio 1, which benefits from a private WC located separately off the communal hallway.
The building is fully let and generates an annual rental income of approximately £165,000, representing an attractive yield of approximately 5.1%, providing immediate income from completion.
In addition, the property offers excellent potential to add value. Subject to obtaining the necessary planning consents, we believe there is scope to extend into the loft space to create an additional floor of accommodation, enhancing both the rental income and capital value.
Situated in one of Central London's strongest rental locations, the property benefits from exceptional transport links via Euston and King's Cross St Pancras, offering access to multiple Underground lines, National Rail services and Eurostar. This prime location continues to attract strong and consistent tenant demand, making the property an outstanding investment opportunity for private investors, family offices and institutional buyers alike.
EPC: C-D ratings
Tenure: Freehold
No EPC available for this property
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