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Gloucester Place, London, W1U

London

£7,000,000
Listed on 16/03/2026

Property Details

Bedrooms
12
Type
Terraced
Area
8793 sqft

Description

This freehold townhouse, steeped in history and character, presents a unique opportunity for modernization. With an impressive gross internal area of 8,800 sqft, this property boasts high ceilings and retains original features that can be beautifully restored. Originally constructed by the Portman Estate around 1800 and formerly the residence of the Portuguese Embassy during the 1920s, it has served as office space since its acquisition by the current owners in 1934. Located centrally in Marylebone on Gloucester Place, this property is only moments away from key transport links including Bond Street, Marble Arch, and Baker Street stations. Its prime location combined with renovation potential makes it an appealing investment.

Investment Analysis

(W1 area)

Below Market Value

This property is priced -54.2% below area average per sq ft

-54.2%
Potential saving
This Property
£796/sq ft
Area Average
£1,737/sq ft
Avg Rent (weekly)
£1,128
Avg Yield
2.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Target Value
£16,802,720
10% above area average per sq ft
Potential ROI
+124.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
2%
Properties sold annually

Local Market Trend (W1)

Area prices are falling by -20.9% over the last 12 months
3 year growth: -25.5%
5 year growth: -43.0%
Investment Disclaimer: Analysis based on W1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Gloucester Place, London, W1U
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£24,793
Based on a loan of £5,250,000 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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