Property Description
An exceptional opportunity to acquire a prominent freehold period building moments from Montagu Square Gardens in one of Marylebone’s most desirable addresses. Spanning five storeys, this elegant Georgian terrace comprises:• 1 x 2-bed mews house (Montagu Mews North, W1U 2JR) with potential to extend
• 3 x 2-bed lateral apartments
• 2 x 1-bed apartments
• 2 parking spaces (potential for conversion into garages or residential units, STPP)
Set within a tranquil tree-lined street, the building offers direct views over Montagu Square Gardens and is surrounded by world-class amenities, dining, and shopping. Baker Street, Regent’s Park, and Marylebone Stations are all within short walking distance.
The property is currently fully tenanted, offering an attractive gross rental income of £330,000 per annum with scope for rental uplift and capital appreciation.
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Investment Highlights
• Freehold asset in prestigious W1 postcode
• £330,000 p.a. gross income across 6 self-contained units
• Development potential (subject to planning) for mews extension and garage conversion
• Prime location with easy access to Hyde Park, Oxford Street, and major transport hubs
• Quiet residential street with excellent tenant demand
• No immediate refurbishment required – units are in lettable condition
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Price Guidance (POA)
While the price is currently listed as POA, based on a 5%–5.5% gross yield range typically seen in Marylebone for similar freehold investments, the pricing would likely sit between:
• £6,000,000 – £6,600,000
A premium may apply due to location, garden aspect, and development scope.
