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Plot for sale
18 Lisson Grove and 1a & 1b Harewood Row, London NW1 6SE
£2,150,000
18 Lisson Grove and 1a & 1b Harewood Row, London NW1 6SE
£2,150,000
Our Summary
- - Freehold- Offers a good investment opportunity with significant development potential
Description
The property is situated 150 meters west of Marylebone Station, on the corner of Lisson Grove and Harewood Row, and offers a unique investment opportunity with significant development potential. The site comprises a ground floor retail unit, three residential units across three storeys, and an office space adjacent to the residential building. The retail unit and residential flats are currently occupied, generating a total rental income of £92,800 per annum. Permitted development has been granted for the conversion of the existing office into two 2-bedroom apartments. The property has a total GIA of 5,066 sq ft, with a NIA of 2,845 sq ft and a NSA of 1,173 sq ft. The site benefits from excellent transport links, proximity to Regent's Park, and a dynamic location in the heart of Westminster.