This three bedroom apartment is situated within the heart of prime Fitzrovia, only moments from Marylebone and Regents Park. The large, bright reception room overlooks the stunning private communal gardens and also benefits from a west facing balcony. We consider this a perfect rental investment.
This three-bedroom apartment situated within the heart of prime Fitzrovia, is only moments from Marylebone and Regents Park. Being located within walking distance of four universities comprising between them a student population of about 250,000 people this property presents an excellent buy to let investment opportunity. Consisting of two bedrooms and a third study which could also be used as a bedroom, a generous bathroom and guest cloakroom. Even with the entire, 3 bedroom, potential of the space being tenanted the owner would still be exempt from having to apply for HMO licensing as the City of Westminster currently has no additional or selective licensing scheme and licensing is not mandatory for HMOs occupied by less than 5 people, forming two or more households. The property has in the past achieved a 4.7% yield per annum (relative to the asking price). The building is serviced with a lift and access to underground parking by separate negotiation. The property also benefits from a long leasehold tenure and access to a large private garden in the heart of the scheme. Holcroft court is also situated on the doorstep pf one of Fitzrovia`s prime new development schemes meaning an immediate uplift in local values once completed. 101 on Cleveland is a residential led mixed-use development by Duke lease, Art-Invest Real Estate and ECE. Situated in the heart of Fitzrovia, one of central London`s most desirable neighbourhoods,101 on Cleveland comprises 88 private residences with a selection of one, two and three bedroom apartments early viewing is strongly recommended.
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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