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Under Offer

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Corlett Street, London, NW1

1 bedroom flat/apartment in London

Offers in excess of £7,000,000 Freehold

  • Bedrooms 1
  • Bathrooms 1
  • Reception rooms 1
  • Dimensions 3868 sq ft
    359 sq m
  • Floorplan

PICTURES AND VIDEOS

KEY FEATURES

  • Prime NW1 location
  • EPC Ratings: C & D
  • Freehold residential block
  • 20 self-contained apartments
  • Strong rental demand
  • Immediate income stream
  • High-yield investment
  • Asset management potential
  • Refurbishment upside
  • Roof terrace/extension potential STPP
  • Excellent long-term growth prospects

KEY INFORMATION

  • Tenure: Freehold
  • Council Tax Band: C
  • Local Authority: City Of Westminster

Description

An exceptional opportunity to acquire the Freehold interest of a substantial residential block in the highly sought-after NW1 postcode. Spanning five floors, this asset offers a robust immediate income stream alongside significant asset management potential to substantially increase yield through targeted improvements.



The building features an efficient layout comprised entirely of self-contained residential apartments, perfectly aligned with premium Central London rental demand.

Total Units: 20 residential apartments distributed across five floors.

Unit Mix:
15 x one-bedroom units
5 x two-bedroom units (strategically arranged with one per floor)

Ancillary Space: A roof level is fully accessible via the central stairwell from the fourth floor, offering excellent potential for further enhancement or amenity space (subject to the necessary planning consents).

Financial Performance & Value-Add Potential
The property currently operates as a high-yielding investment but holds significant reversionary upside. By implementing a programme of modernisation and property improvements, the asset’s earning capacity can be optimised.
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