Strathmore Court, 137-149 Park Road, St John’s Wood, London NW8 7HT

Rare opportunity to acquire a Prime Central London, unbroken, freehold residential island mansion block directly opposite, and with views over Regent's Park. • Edwardian mansion block overlooking Regent’s Park comprising 21 residential apartments and 10 retail units a short walk from St John’s Wood tube station • Ornate period finishes throughout including high ceilings, original woodwork and an elegant marble-clad lobby • Current apartments total 39,039 sq ft with implemented planning permission to increase to 30 units • Planning permission granted in Feb 2019 for the full reconfiguration of the existing units as well as the erection of a three-storey rear extension to increase the number of units to 30. Planning permission has been implemented and certified • Total residential NIA increases to 44,845 sq ft following redevelopment • An ERV of £34,062 per week or £1,771,224 p.a. in current condition. Refurbishing the existing apartments would give an estimated ERV of £2.6m. A full refurbishment and redevelopment of the building would give an estimated ERV of between £4.1m to £4.7m, depending on specification • The GIA of the existing building totals 50,375 sqft • Ten retail units totalling 5,020 sq ft, let on commercial tenancies • Apartment 8 is a regulated tenancy • Apartments have been lightly refurbished and are in good rental condition • All apartments and penthouses come with Westminster on-street parking permits • A selection of apartments have views over Regent’s Park and balconies or outside space • New passenger lift, CCTV in common parts and key phone entry system. Reception area and desk for porter