An ex-council property located on Tavistock Street just minutes from Covent Garden Piazza and the Royal Opera House has sold for an impressive £1.2m.
It was reported in May 2015 of the first ex-council property in the City for sale for over £1 million [source: http://www.huffingtonpost.co.uk/2015/05/22/london-property-bubbles-first-ex-council-flat-hit-market-115m_n_7421064.html]
The flat was bought from Westminster Council in 1990 for £130,000 using the right-to-buy rules and was sold by the original owner who has enjoyed living in the area for over 25 years. The purchaser is an owner-occupier and not an investor.
The flat is part of the ex-council mansion block, Siddons Court (WC2E 7NT) and sold after just six weeks on the market, the £1.2m apartment boasts 1118 sq ft, with its own private front door entrance, three bedrooms, kitchen and main reception room.
“The property is in a fantastic location, just behind the Royal Opera House and in the heart of Covent Garden. With central London property prices at a premium and with demand for properties far outstripping supply, we weren't surprised that this former council flat reached this impressive price.” said Barry Marner, Branch Manager, at Barnard Marcus Covent Garden Branch.
If you are interested in buying or selling in Covent Garden speak to our team on 0207 836 8427 or email: CoventGarden@sequencehome.co.uk – For more Barnard marcus, Covent garden properties for sale.
To view more properties to buy in London go to: link to Barnard Marcus website.
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