This property presents a significant renovation and development opportunity, situated in the heart of Bloomsbury, an area known for its rich history and vibrant community. The site features a Victorian red brick mansion block, Queen Court, which currently houses 45 upscale apartments. Its prime location near Russell Square station provides excellent transport links via the Piccadilly line, making it easily accessible for residents and visitors alike.
The surrounding neighborhood is bustling with amenities, including the National Hospital for Neurology and Neurosurgery, the British Museum, and a wide array of hotels, restaurants, bars, and cafés. These factors contribute to a thriving local economy and make this area highly desirable for both residential and commercial ventures.
The property offers the potential for further development by excavating beneath the existing structure to create lower ground floor space suitable for additional residential flats or commercial units (subject to planning permission). There are numerous examples of successful similar projects in nearby buildings that demonstrate the feasibility of such an undertaking.
This site spans approximately 0.107 acres (433.01 sqm) with a perimeter of 92.75 meters, providing ample space for innovative development ideas. With a leasehold tenure established for 999 years from October 2015, this property represents not just a home but a promising investment opportunity in one of London's most sought-after locales.
