£1.4m Value on Offer: Prime Central London Stucco House
Updated: Aug 18, 2022
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 ...
Disclaimer: Ludgrove Property Limited is not authorised or regulated by the Financial Conduct Authority (FCA) and we do not provide any financial or investment advice. We recommend that any property investor seeks appropriate professional advice before entering into any contract, and we would also advise that the value of any investment can go down as well as up and that you might not get back what you put in. You may have difficulty selling a property investment at a reasonable price and in some circumstances it might be difficult to sell at any price. We would urge you not to invest unless you have carefully thought about whether you can afford it and whether it is right for you, and if necessary to consult with a professional advisor in accordance with the Financial Services and Markets Act 2000. All information is provided strictly as a guide only, is subject to change without prior notice and does not constitute an offer of investment. This website should not be regarded as an offer or solicitation to conduct investment business, as defined by the Financial Services and Markets Act 2000. Investors who are resident in or citizens of countries other than the United Kingdom may be subject to local restrictions. In particular, no offer or invitation is made to any US persons (being residents of the United States of America or partnerships or corporations organised under the laws of the United States of America or any state, territory or possession thereof), who are excluded from the services offered in this site. The information on this website has been obtained from sources which we believe to be reliable and accurate, but without further investigation this cannot be warranted.