6,383 sq ft
Lower ground, ground and 4 upper floors
Park Street is located in the heart of Mayfair, London’s most affluent district. The property offers the opportunity to add value through substantial refurbishment and also benefits from planning permission to add a fifth floor two bedroom apartment with a roof terrace. There are 11 apartments in total, with 4 sold off on long leaseholds and 7 let on ASTs.
Mayfair is widely considered as the most desirable and affluent address in London and attracts the world’s wealthiest individuals. The property is situated just 200 m from London’s iconic Grosvenor Square, and close to the best and most historic hotels including the Five star Ritz hotel and Claridge’s hotel, which is regarded as the extension of Buckingham palace.
- Prime Mayfair location
- Planning permission to add a fifth floor and add substantial value
- Reversionary income, with potential to substantially improve the rental tone through active asset management