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Property for sale

£4,500,000 Offers in region of

Archer Street, London W1D

Property for sale
Interested in this property? Call +44 20 8033 2037 * or Request Details

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Property features

  • Freehold for sale
  • A3 Commercial Unit
  • Five self-contained flat
  • £132k combined income
  • Investment opportunity
  • Period building
  • Piccadilly Circus minutes away
  • Close to St Anne's Gardens
  • Further details available
  • Serious enquiries only

Property description

For sale is this freehold investment opportunity in bustling Soho just minutes from Piccadilly Circus, this well maintained period five storey mixed use building without lift which comprises five residential properties that are a mix of a studio, three one bedroom and one two bedroom flats and a ground floor commercial unit with basement benefitting from A3/A4/A5 use which collectively generate approximately £132k in rental income pa.
Archer Street is one of Soho's quieter streets and is a mix of residential, commercial and office units running between Rupert Street and Great Windmill Street within a short walk of Piccadilly Circus (Bakerloo and Piccadilly lines.
The internal photographs here illustrate the first floor studio with the respective floor sizes as follows;
Commercial unit 126 sqm
Flat 1 - 58 sqm
Flat 2 - 46 sqm
Flat 3 - 33 sqm
Flat 4 - 35 sqm
Flat 5 - 43sqm

Property info

Floorplan(s): Floor Plans.Jpg

Floor Plans.Jpg View original

Property value data/graphs for W1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £6,430,844 - - £1,122,500
Semi-detached £4,734,459 - - -
Terraced £4,640,560 - - £3,063,552
Flats £1,887,541 - - £2,020,396

Current asking prices in W1

Average: £3,652,509
Avg. current asking prices in W1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,424,000
(4)
£2,862,273
(11)
£3,539,762
(21)
£9,015,172
(29)
£12,625,000
(12)
Flats £1,645,607
(366)
£2,948,305
(644)
£5,017,257
(284)
£5,255,338
(71)
£9,684,375
(24)
All £1,643,212
(370)
£2,946,860
(655)
£4,915,528
(305)
£6,345,690
(100)
£10,664,583
(36)

Current asking rents in W1

Average: £8,380 pcm
Avg. current asking prices in W1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £5,694 pcm
(16)
£6,707 pcm
(14)
£16,392 pcm
(21)
£27,957 pcm
(43)
£23,716 pcm
(5)
Flats £4,648 pcm
(874)
£6,707 pcm
(687)
£15,319 pcm
(324)
£33,987 pcm
(68)
£29,990 pcm
(12)
All £4,667 pcm
(890)
£6,707 pcm
(701)
£15,384 pcm
(345)
£31,651 pcm
(111)
£28,145 pcm
(17)

Fun facts for W1

Highest value in W1
Highest value streets Zed-Index
Davies Street £6,039,699
Portland Place £5,649,335
Upper Brook Street £5,352,674
Grosvenor Square £4,760,200
South Street £4,215,354
Highest turnover in W1
Highest turnover streets Turnover
Bentinck Street 27.3%
Nottingham Street 23.5%
Wheatley Street 21.4%
Park Crescent 20.0%
Park Crescent Mews East 20.0%
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For more information about this property, please contact
Outlet Residential Ltd, W1B on +44 20 8033 2037 * (local rate)

Contact Outlet Residential Ltd about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Outlet Residential Ltd, and do not constitute property particulars. Please contact Outlet Residential Ltd for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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