POA
PROPERTY TYPE: Freehold Block of 6 Flats (Investment)
BEDROOMS: 10
BATHROOMS: Ask agent
SIZE: 4,404 sq ft (409.1 sq m) residential, 4,893 sq ft (454.6 sq m) gross external
TENURE: Freehold
PRICE: POA
Property Details Title
A rare chance to buy an unbroken freehold in prime Marylebone. The property is two buildings: 10 Upper Montagu Street (W1H 2PB) and 2 Montagu Mews North (W1H 2JR). Both have been fully refurbished and together contain six flats.
There are three two-bedroom lateral apartments, two one-bedroom apartments and a two-bedroom mews house. The mews house has two parking spaces, which could become a garage or a further house. The building also has vaults and a first-floor balcony.
The property brings in a net rental income of £330,000 a year. There’s potential to extend the mews house, which the brochure describes as historically supported.
Baker Street, Marylebone, Bond Street and Regent’s Park stations are all within walking distance. So are Marylebone High Street, Chiltern Street, Regent’s Park and Hyde Park. The area is largely owned by the Portman and Howard de Walden estates, so freeholds here rarely come up for sale.
Amenities:
Unbroken Freehold, Prime Marylebone
Six Refurbished Flats
Net Rental Income £330,000 per year
Two-Bedroom Mews House with Potential to Extend
Two Parking Spaces
Period Features and Balcony
Moments from Marylebone High Street