ROI = 8% BMV = 28.83%
Description

An unmodernised studio apartment on Abbey Road. Description A rare opportunity to acquire this unmodernised studio apartment which is situated on the fourth floor of a popular purpose-built block on Abbey Road in St. John's Wood. Accommodation comprises of a spacious reception / bedroom, a separate kitchen and a bathroom. Further benefits include a live in caretaker, passenger lift and access to communal gardens. Current lease term is approx. 51 years remaining, costs to extend the lease is estimated at approximately £50,000 for a further 90 years – cash buyers only. Location Mortimer Court is well-located on the favoured East side of St. John's Wood and is in close proximity to the iconic crossing made world famous by the Beatles. St. John's Wood tube station (Jubilee line) is approximately 0.3 miles away and the sought-after amenities of St. John's Wood high street are within approximately 0.5 miles. Square Footage: 343 sq ft Leasehold with approximately 50 years remaining.

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Property Details
  • Property ID: 150584231
  • Added On: 2025-02-04
  • Deal Type: For Sale
  • Property Price: £275,000
  • Bedrooms: 0
  • Bathrooms: 1.00
Amenities
  • Unmodernised studio apartment
  • Situated on the 4th floor
  • Access to communal gardens
  • Porterage & passenger lift
  • Close to St. Johns Wood Station
  • EPC Rating = D