Updated: Aug 18
Ludgrove has sourced an off-market, white Stucco-fronted period property in a Prime Central London location with £1.4m of value on offer. The property is currently in a poor condition having been in the same family for around 30 years and requires a full refurbishment. We estimate the works will take c12 months and post completion the property will be capitalised around £6.5m based on current market values.
The c£1.4m of Value consists of a c£600,000 discount to the asking price negotiated by Ludgrove and c£800,000 upside to the new owner following the completion of the refurbishment works.
The proposed accommodation will include a kitchen, living room, drawing room, 4 bedrooms, a media room/play room and utility. Spanning c3,600 square feet the property also benefits from high ceilings, a large rear garden, access to a residents Private Garden Square and a Southerly aspect.
Full details are outlined below. For further information please contact:
43 Berkeley Square
London W1J 5AP
Tel: +44 (0)207 889 2860
*Note: Ludgrove pays 20% commission to Introducers ...
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