UNBROKEN RESIDENTIAL FREEHOLD BUILDING

 

Summary

  • A unique opportunity to acquire an unbroken Marylebone freehold unit comprising six residential apartments
  • The property spans lower ground, ground, and three upper floors extending to 2,362 sqft (NSA).
  • The unit mix is: 4 one-bedroom apartments and 2 studios
  • The lower ground flat benefits from a private rear garden
  • Potential to increase the rental income through refurbishment and modernisation
  • The property is part-let part-vacant with a current passing rent £54,192 per annum.
  • Potential to add an additional storey and to increase space in the vaults, rear terrace garden and on the 1st floor mezzanine roof, subject to planning permission (STPP).
  • Offers are invited in excess of £2,650,000 (Two Million Six Hundred and Fifty Thousand Pounds).

Accommodation

The accommodation comprises the following areas:

Namesq ftsq mAvailability
Lower Ground - Vault 80 7.43 Available
Ground - Patio 171 15.89 Available
Unit - Flat A 250 23.23 Available
Unit - Flat B 250 23.23 Available
Unit - Flat C 496 46.08 Available
Unit - Flat D 483 44.87 Available
Unit - Flat E 594 55.18 Available
Unit - Flat F 619 57.51 Available
Total2,943273.42
Unbroken Marylebone Freehold, 23 York Street - 23E.YorkSt-11.jpg

Location

23 York Street is located in the heart of Marylebone, one of London’s most desirable residential districts. The area is renowned for its boutique shops, designer stores, fine dining restaurants, and stylish cafés, with Marylebone High Street nearby.

Baker Street and Marylebone stations are close providing excellent connectivity across London, with Underground and rail services offering direct links to Oxford Circus, Bond Street, Regent’s Park, King’s Cross, Paddington, Kings Cross St Pancreas offering Eurostar services and wider national routes via Chiltern Railways.

Excellent bus connectivity with several stops just a short walk away including York Street (Stop F), Gloucester Place (Stop Z) and Baker Street Station within about 2–4 minutes. The property is also close to cultural attractions such as The
Wallace Collection and Madame Tussauds, combining a central location with lifestyle amenities.

The property is ideally located with Regents Park, London Business School and Harley St within short walking distances

Get directions from Google Maps

Further Information


Description

23 York Street is an unbroken freehold building comprising six residential units over lower ground, ground, and three upper floors extending to 2,362 sqft (NSA) in the heart of Marylebone. The property includes 4x one-bedroom apartments and 2x studios, with the lower ground flat benefiting from a private rear terrace/garden.

Flat C requires full modernisation, while the other units offer scope for light refurbishment. The property is partially occupied, with four units currently vacant. The neighbouring properties act as a precedent for potential to add an additional storey and to increase space in the vault, in the garden/terrace and on the 1st floor mezzanine roof
(STPP). Centrally located, the property is close to Marylebone’s shops, transport links, and
luxurious amenities.