This property presents a compelling opportunity for renovation and investment, situated in the heart of Bloomsbury, a desirable area known for its rich history and vibrant community. The building, a Victorian red brick mansion block known as Queen Court, features 45 high-quality apartments and is conveniently located just steps away from Russell Square station on the Piccadilly line.
The site spans approximately 0.107 acres (433 sqm) and offers significant potential for development, pending planning permission (STPP). There is an opportunity to excavate beneath the existing structure to create lower ground floor space suitable for residential flats or commercial units, taking advantage of the growing demand in this central location. Recent similar developments in the surrounding area support the viability of such projects.
Bloomsbury is well-regarded for its excellent transport links and proximity to key landmarks, including the National Hospital for Neurology and Neurosurgery and the British Museum. The neighborhood boasts an array of amenities such as hotels, dining options, bars, and cafés, enhancing its appeal for both residents and visitors.
With a leasehold tenure extending to 999 years from October 2015 and a clear title number (NGL954638), this property not only represents a sound investment but also an opportunity to contribute positively to the local community through thoughtful redevelopment.
