Ariston Property is presenting a unique land and development opportunity in Russell Square, central London, via online auction. The site, located in the prime Bloomsbury area, is a Victorian red brick mansion block comprising 45 high-end apartments, moments from Russell Square station. The project involves excavating beneath the current plot to create lower ground floor space for residential flats or commercial units, subject to planning permission. The site measures approximately 0.107 acres and is held on a leasehold tenure with a 999-year term from 2015. With excellent transport links and proximity to iconic landmarks, this development opportunity presents a rare chance to create a unique and desirable property in one of London's most sought-after areas.