SOLD: Mayfair Home with c£2m Upside
Updated: Aug 18, 2022
Ludgrove has privileged access to a property in the heart of Mayfair with the opportunity to convert into a stunning family home or two separate apartments with roof terrace. The house would measure c4,600 square foot (430m2) and the two apartments c2,200 (206m2) square foot apiece. We estimate the capital value of the new house, would be upwards of £13m and the combined value of the flats north of £15m. With The Ritz, Nobu and Berkeley Square within a stone’s throw, the property would be make a perfect Mayfair home or an opportunity to sell one of the apartments to finance the acquisition of the second. Conservatively we would expect the works to take around 18 month and upside for the owner of at least £2m.
Get in touch with Ludgrove to find out more about this fantastic property.
Fraser Slater
Ludgrove Property
43 Berkeley Square
Mayfair
London W1J 5AP
Tel: 0207 889 2860
Email: info@ludgroveproperty.com
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.
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