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Freehold Investment 147 & 149 Cleveland Street, London, W1T 6PF
2,038 to 4,093 Sq Ft / Other / Residential
Withdrawn - Last updated: 14 November 2023
Summary
147 & 149 Cleveland Street: forms two neighbouring residential freehold buildings arranged over lower ground, ground and three upper floors.
No. 147: comprises a 2 bedroom apartment on the ground and lower ground floors with a 3 bedroom triplex above in need of refurbishment. There is a garden space to the rear of the building where there is potential to extend subject to the necessary planning consents (similar to No. 149).
No.149: comprises a 3 bedroom apartment on the ground and lower ground floors with three studio flats above. There is an external area on the lower ground floor with two vaults suitable for storage at the front of the property. The studio flat on the first floor has been sold off on a 170 year long leasehold interest at peppercorn ground rent.
The properties are Grade II Listed.
Key Points
Two adjoining Grade II Listed Residential Freehold InvestmentsLocated on Cleveland Street within the key West End submarket of FitzroviaBoth buildings are arranged over lower ground, ground and three upper floors147 measures 2038 sqft with a current income of £20,400 pa149 measures 2055 sqft with a current income of 52,800 paThe properties are not elected for VATThe buildings can be acquired together or individuallyLocation
The properties are located on Cleveland Street, within the key West End submarket of Fitzrovia. It is one of the most well-known thoroughfares in the area with an array of local eateries, galleries, museums and public houses close by. The subject property is located a short walk from Great Portland Street & Warren Street Underground Stations. Euston Main Line Station is also within close proximity.
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