Summary - St. Marks Studios, 14 Chillingworth Road, London, N7 8QJ N7 8QJ
1 bed 1 bath Serviced Office
Large under-rented studio offices with clear income growth potential.
Freehold Grade II listed former church conversion, recently refurbished
An imposing Grade II listed former church recently refurbished to provide 14,433 sq ft NIA of studio and open-plan serviced office accommodation. The building is offered freehold at £4,500,000 with a current gross rent roll of £466,122 pa from nine occupiers and significant immediate asset-management upside through re-gearing and re-letting.
The property is substantially under-rented against market opportunity, creating potential to increase income quickly. Accommodation ranges across large, high‑ceilinged neoclassical spaces and contemporary open-plan studios, suitable for serviced office operators or a single owner-occupier seeking a distinctive central London headquarters. The location is well connected — approximately a ten-minute walk to five Zone 2 stations — and benefits from excellent mobile signal and fast broadband.
Material considerations are straightforward: the Grade II listed status will restrict alterations and can complicate refurbishment or reconfiguration works. The plot is small and the site sits in a very deprived local area, which may influence tenant mix and long-term planning prospects. The current occupation by nine tenants presents both income security and the operational task of estate management.
This opportunity suits investors seeking value-add income growth, serviced office providers looking to expand with an impressive landmark asset, or owner-occupiers wanting large, characterful floorplates in the Northern City Fringe. Purchase provides immediate scale, visible reversionary potential and scope to reposition rental levels within a recently renovated, landmark building.
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