3 bed Flat For Sale £1,100,000
We're delighted to introduce this unique opportunity to purchase a stunning period property in the heart of one of London's most desirable neighborhoods. Perfectly located in St. Johns Wood, Abbey Court, located on the famous Abbey Road is just 5 minutes from St Johns Wood station, Lords Cricket Ground and Regents Park.
Less than 5 minutes from the bars and restaurants of St John's Wood, this apartment is well situated for access to all the business centers of the capital. As a result of the apartment's highly desirable location, there is huge demand for period-style properties throughout the area, and such as this apartment offers the opportunity for not only robust rental yields, but also strong capital appreciation.
Property Details:
This spacious three-bedroom apartment is in need of cosmetic renovation, allowing for the new owners to add significant value to the property. The apartment itself consists of two spacious double bedrooms, and one single bedroom, catering for either a young family or young professionals. The large, open-plan lounge/dining area utilises well the height of the building, offering stunning views over St Johns Wood and across North London beyond. The apartment also benefits from a well-sized family bathroom, additional toilet and is serviced by a recently refurbished lift.
Flat 22 - £1,100,000
This flat presents a genuine below-market valuation, reflecting a low level of cosmetic refurbishment that is currently required on the property. Upon completion, we would estimate a significant uplift in the property's valuation, providing the purchasers with the opportunity for immediate capital appreciation and equity in the property.
Development Opportunity:
For investors interested in further development, the adjacent flat is also for sale offering the potential to be the sole property on the top floor.
In addition, the freeholder is willing to enter into negotiations to sell the roof space either in part or in full which subject to local authority planning permission could offer yet further additional development opportunities. The plans have already been approved by the freeholder and are available on request.
Property Management
Our partner in the heart of the city will be able to provide all of the property rental and management services needed once the property has been purchased if required.
Contact us today for further details and to view this property.
