For Sale

Pimlico – Rare to the Market Unbroken Residential Investment and Development Opportunity

56 Regency Street, Pimlico, SW1P 4AD

Offers in excess of £11,000,000

Property Types:
Development Opportunity, Residential
Tenure:
Freehold

Description

  • Unbroken Freehold building in prominent island site
  • Comprising 14 apartments – (3 x three bedroom & 11 x two bedroom apartments)
  • Secure garage parking for 10 cars
  • Majority let producing a rental income of £266,356 per annum
  • Potential to develop island site and add massing subject to necessary consents
  • 300 metres from Pimlico Underground Station
  • Opportunity to reconfigure, refurbish and add additional dwellings subject to necessary consents
  • Occupying a site of 0.13 acres
  • Various asset management opportunities to enhance rental income in short and medium term
  • Highly affluent and desirable location within City of Westminster

Offers sought in excess of £11,000,000 for the Freehold interest, subject to existing tenancies and subject to contract.

Subject to contract