Summary - DOWNING COURT FLAT 5 GRENVILLE STREET LONDON WC1N 1LX
1 bed 1 bath Apartment
Refurbish a period apartment with long lease and porter near Russell Square.
Ground-floor one-bedroom flat, approx. 539 sq ft
Set on the ground floor of a handsome Georgian Revival mansion block, this one-bedroom flat offers a rare chance to create a bespoke central London home. The apartment benefits from a long lease (approx. 988 years) and share of freehold, plus use of a portered block and a substantial sinking fund, providing ownership stability in a desirable Bloomsbury location near Russell Square and Brunswick Centre.
The accommodation is a sensible 539 sq ft with a medium reception room, double bedroom, separate kitchen and bathroom. High ceilings and period features are evident and the flat overlooks Brunswick Square; there is no private outdoor space. Fast broadband and excellent mobile signal suit remote working, while nearby transport hubs (Russell Square, Euston, St Pancras) make commuting straightforward.
Important practical points: the property requires renovation throughout, so buyers should budget for updating. The annual service charge is high (approx. £6,500) but includes heating, hot water, lift maintenance, cleaning, porter and a sinking fund. Council Tax Band D is payable at around £2,107. The wider area is a multicultural, student-heavy neighbourhood with a very high recorded crime level; purchasers should factor local context into their plans.
This home will appeal to buyers seeking central location and long-term ownership security who are happy to invest in refurbishment. It also suits investors looking for a well-located apartment to modernise for rental, though the high service charge and local crime profile should be considered in income projections.
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