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