Extensive penthouse with panoramic royal park views — sold as an investment..
Roof terraces with panoramic views over St James's Park
A rare penthouse occupying the two top floors with extensive roof terraces and direct views over St James's Park and Birdcage Walk. The apartment is extremely large (c. 1,924 sq ft), arranged as a high-ceilinged double reception, fitted kitchen, utility room, three double en-suite bedrooms and outdoor entertaining space — a clear premium Westminster asset for a buy-to-let portfolio.
Positioned adjacent to Buckingham Palace and five minutes' walk from St James's Park station, the flat benefits from lift access, day porter, air conditioning and underfloor heating. The lease is effectively long (992 years) and the property is sold specifically as an investment: currently let to a PLC company until 11/08/2027, providing immediate occupational income.
Important commercial points: service charges are high (c. £17,746.12 pa) and council tax is very expensive, both of which materially affect net yield calculations. Broadband speeds are reported very slow and local recorded crime levels are very high — factors to consider for tenant demand and management.
The building dates from the early 20th century with solid brick walls and pre-2002 double glazing. The flat presents well and requires only standard maintenance, but buyers seeking higher rental or resale premiums should budget for technology upgrades (internet) and potential thermal improvements. EPC rating C. This is an investment for buyers focused on location, view and long-lease security rather than a primary family home.