Summary - Flat 37, King Regent Place, 12-16 Fitzroy Street W1T 4BL
1 bed 1 bath Apartment
Central pied-à-terre or rental near universities and transport links.
Seventh-floor flat with lift and bright, large windows
Situated on the seventh floor of a central Fitzrovia block, this compact one-bedroom apartment offers bright, quietly comfortable city living with lift access. Large windows flood the living space with natural light, and the flat's location puts Goodge Street, Warren Street and several mainline stations within easy walking distance — ideal for short-term lets or a convenient pied-à-terre.
As an investment proposition, the flat benefits from a strong rental catchment (near UCL, UCH and other universities), excellent mobile signal and fast broadband — features that appeal to students and professionals. The block is modern (1983–1990 construction) and the accommodation is ready to occupy without major cosmetic works.
There are important legal and running-cost considerations: the lease term is low (circa 71 years from new), which is likely to restrict mortgage availability and could deter some buyers. Service charges (£3,307 pa) and a small ground rent (£176 pa) apply, and Council Tax sits in Camden Band F (approx. £3,043 pa).
Other practical points: heating is by electric room heaters rather than a gas central system, and the local area records very high crime levels — factors to weigh if letting to certain tenant groups. Overall, the property suits a cash buyer or investor seeking a centrally located rental asset with immediate income potential, provided they accept the lease and running-cost profile.
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