Summary - THIRD FLOOR AND FOURTH FLOOR MAISONETTE, 117, GLOUCESTER PLACE W1U 6JU
10 bed 5 bath Block of Apartments
Rare income-producing Grade II freehold in Marylebone, ideal for central London investors..
- Grade II listed freehold house, approx. 8,265 sqft
- Configured as five self-contained luxury apartments
- Direct lift access to all apartments
- Current gross rental income ~£348,790 pa
- High ceilings, ornate cornicing, period fireplaces
- Listed status restricts alterations and may complicate works
- Solid brick walls; likely no cavity insulation
- Council tax bands very expensive; high local crime rates
A rare Grade II listed freehold in Marylebone configured as five self-contained luxury apartments across lower ground to fourth floors. The block extends to approximately 8,265 sqft (768 sqm) and is presented in excellent condition, with direct lift access to each apartment and a current gross rental income of about £348,790 pa.
The accommodation retains strong period character — high Georgian ceilings, ornate cornicing, tall sash windows and grand fireplaces — paired with modern comforts such as a central boiler and radiators. Apartments benefit from hardwood floors and bright, well-proportioned reception rooms that suit high-value central London tenants or owner-occupiers.
Important practical points: the building is Grade II listed which will restrict alterations and may complicate permissions and maintenance. The property has secondary glazing, solid brick walls likely without insulation, and council tax bands range up to very expensive levels. The block is currently let and produces immediate rental income, making it suitable for investors seeking an income-producing central London freehold.
Location strengths include an affluent, inner-city Marylebone address with excellent mobile and fast broadband connectivity, direct access to plentiful local amenities and top independent and state schools nearby. Note the area records higher crime rates; prospective buyers should factor this into management and insurance considerations.
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