>
Block of apartments for sale
King's Mews, London, WC1
£6,500,000
King's Mews, London, WC1
£6,500,000
Our Summary
- Investment Summary - Unbroken freehold building - Income producing - September 2024 | net profit £300,000 per annum - 7 year lease term, and built in annual uplift (break clause option available upon purchase) - A turn key investment including furnishing, dressing and staging with no void upon completion
Description
This investment opportunity is a rare turn-key property in the West End, consisting of five fully furnished and dressed 1, 2, and 3-bedroom homes. The property is situated within walking distance of several major London transport hubs and is close to universities, colleges, and corporate offices. The building is a freehold property with a 7-year lease term and built-in annual uplift, offering a net profit of £300,000 per annum. The property is managed through a unique business model that blends extended corporate stays, mid-term residential stays, and occasional vacation rentals to maximize revenue. The property is held in a new UK-based SPV and is available for purchase with no void period upon completion.