£4,000,000

Block of flats for sale

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Under offer
Leasehold

Offers over

£4,000,000

(£2,111/sq. ft)

Block of flats for sale

King Street, London WC2E

1,895 sq. ft

Key Information

Tenure:
Leasehold (105 years)
Service charge:
Council tax band:
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • The Royal Ballet School 0.1 miles
  • Covent Garden 0.1 miles
  • Leicester Square 0.2 miles
  • St Clement Danes CofE Primary School 0.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Covent Garden, Charing Cross and Chinatown to find out more about the local area.

Features and description

  • Leasehold
King Street has always been one of the most premium streets in Covent Garden, leading immediately from the Piazza. The street is primarily pedestrianised and directly overlooks St. Paul’s Church Gardens to the rear. Home for home in the centre of Covent Garden, but with the peace and views the neighbouring church and gardens offer.

An exclusive residential sales and investment opportunity of four income producing apartments, recently refurbished and furnished to a high standard.

This sale consists of three 1 bedroom apartments, with an additional duplex 1 or 2 bedroom penthouse with a private roof terrace on the top floor.

This sale includes the long leasehold interest in all four apartments, but also includes all common internal areas. This structure gives much more control over the upper parts, and internal flexibility to an incoming purchaser.

For example, the configuration could either be a straight investment with incredibly strong and flexible income, or a mixture of income-producing units and owner occupation.

Building Specification

- Self contained upper parts with exclusive access from street level
- All communal areas/hallway included within the lease
- Low maintenance and easy roof access
- Rooftop terrace with direct views of the Piazza
- Dual aspect

Interior Specification

- Fully fitted kitchens
- Integrated neff appliances
- Induction Bosch hob
- Stylish furnishings and interior design
- Full height wardrobes in bedrooms
- Wooden floors throughout
- Intercom door entry system

Investment Summary - 7 King Street, WC2E 8HN
Guide Price: £4 million STC

- Long leasehold of all the upper parts (105 years remaining)
- All apartments completely refurbished less than 18 months ago
- Lease includes common areas and control
- A turn key investment including furnishing, dressing and staging with no void upon completion.
- High income with proven returns
- 2023 Gross Revenue | £362,060.35
- Representing a gross yield of 9%
- Energy Rating c-e | EPC available upon request
- Sole agency for all viewings: Be London Investments

The Be London difference
Be Londons innovative business model has a legacy of increasing returns by managing each apartment through a blend of extended corporate stays, mid term residential stays and the occasional vacation rental. This unique revenue blend enables Be London to maximise the revenue of a property.

A partner and a consultancy
As landlords and developers, we understand property and owners requirements, consulting on the routes to market to achieve optimal revenue through our own experience.

Maintain control of your property
Control your assets as and when you need to, maintaining exclusive possession and rights on your property, eliminating the risk of nonpaying tenants.

Extensive market research
Through our brand portfolio and solid partner relationships, we have extensive access to multiple markets including corporate, high-end student and leisure stays.

Floor plans and tours

Floor plans (2)

Floor plan 1
Floor plan 2

Tours

No virtual tour available

More information

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Listed by

Be London Investments

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Property descriptions and related information displayed on this page are marketing materials provided by - Be London Investments. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Be London Investments for full details and further information.

  1. Zoopla
  2. For sale
  3. London
  4. Central London
  5. Charing Cross
  6. King Street

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