Prime Central London Residential Investment Opportunity

The property is positioned prominently on the west side of Southampton Row close to its junction with Russell Square and links Holborn in the south to Euston and St Pancras to the north. 15 one and two bedroom flats held on long leases. Head lease for the entire block (excluding ground floor retail units). Current gross occupational lease income of £29,379 pcm (£352,544 pa). Asset management opportunities including refurbishment and break up. Control of the service charge. Strong rental demand. Vacant 12 space car park. Potential Freehold enfranchisement. The ground floor provides retail units which have been sold separately with 25 residential flats above. Of the 25 flats, the long leasehold interest of 15 flats along with the building's headlease is included in the sale. The head lease does not include the retail units. The freehold interest is held in separate ownership.The 15 flats comprise 10x 1 beds and 5x 2 beds.