Prime central pied-à-terre moments from museums, theatres and major transport links.
Third-floor one-bedroom, 442 sq ft (approx. 41 sqm)
A compact third-floor apartment in a handsome red-brick mansion block, 160 metres from the British Museum and steps from Tottenham Court Road. The flat faces an internal patio, giving a quieter aspect and good natural light to the reception bay window. Communal benefits include a lift, day concierge and community heating.
This 442 sq ft one-bedroom offers clear rental and pied-à-terre potential in a high-demand central location. The 110-year lease provides long-term ownership security for a leasehold purchase, and proximity to major universities supports steady tenant demand.
Notable costs and works are material: the apartment needs renovation and broadband speeds are very slow. Service charge is circa £4,100 per year and council tax is in Band F (around £3,043 pa), with a small ground rent of approximately £100 pa. The immediate area records very high crime levels, which will affect letting and insurance considerations.
Overall this suits an investor or buyer seeking a central Bloomsbury pied-à-terre who accepts upfront refurbishment and running costs in exchange for location and long-term rental prospects. No private parking or garden; buyers should factor communal maintenance and potential refurbishment budgets into yield calculations.
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