Project's Overview

2 Suffolk Lane, London EC4R

This rare freehold investment presents a comprehensively refurbished Grade II listed Georgian building, dating back to the 18th century, ideally positioned in the historic City of London financial district. Extending to approximately 16,822 sq ft (GIA) over basement, lower ground, ground, and three upper floors, the property offers 27 luxury serviced apartments and a separate vacant wine bar premises.

Key Investment Highlights
Unencumbered Freehold: Offered free of any existing management agreement or brand, providing full operational flexibility to maximise returns.
Strong Income Potential: Projected net income from serviced apartments in 2024 circa £855,000, with the vacant fitted wine bar offering an estimated rental value of £55,000 per annum.
Prime Location: Minutes from Bank, Cannon Street, and Monument stations, with excellent connectivity to London’s financial, insurance, and tech hubs.
Tourist Appeal: Within easy walking distance of iconic attractions including St Paul’s Cathedral, the Tower of London, The Monument, and Shakespeare’s Globe Theatre.
High-Quality Specification: Fully equipped apartments featuring comfort cooling/heating, WiFi, TVs, telephones, fully fitted kitchens (including dishwashers), contemporary bathrooms, and bespoke furniture. Retained original period details throughout, complemented by a grand reception hall, magnificent central staircase, passenger lift, DDA-compliant access, and extensive back-of-house concierge facilities.

The surrounding area is vibrant and well-served, with an array of restaurants, bars, and retail options including Bow Lane’s independent eateries, The Ned, Bloomberg Arcade, and One New Change shopping centre.

This asset represents a compelling opportunity in a market where high-quality C1 serviced apartment buildings rarely become available, combining heritage appeal, strong projected yields, and significant upside potential through the vacant wine bar and operational optimisation.

For further details or to view the brochure, please contact the agent. Business rates and charges may apply.

🪙 The Culture Mile regeneration project is transforming the area between Farringdon and Moorgate into a vibrant cultural district with new public spaces, arts venues, and improved pedestrian connectivity, expected to increase tourism, footfall, and property values in the City of London by enhancing its appeal as a cultural and leisure hub.
🪙 The City Cluster development involves constructing several high-rise commercial buildings in the eastern City of London, including projects like 1 Leadenhall and 40 Leadenhall, which will add premium office space and attract global businesses, thereby boosting economic activity and elevating nearby property values through increased demand for residential and hospitality assets.
🪙 The Bank Junction improvement scheme restricts general traffic to create a safer, more pedestrian-friendly environment around Bank station, with ongoing enhancements to public realm and cycling infrastructure, anticipated to improve accessibility and desirability of the area, positively impacting property liquidity and values by fostering a more livable urban space.
🪙 The Barbican Centre Renewal Programme includes major refurbishments and expansions to this iconic cultural venue near the property, adding new facilities and green spaces, which will enhance the area's cultural offerings and attract more visitors, leading to higher property values through increased vibrancy and investment attractiveness.
🪙 The Thames Tideway Tunnel, completed in 2025, is a major infrastructure project that cleans up the River Thames by reducing sewage overflows, with associated waterfront developments improving public access and green zones along the river, expected to boost the appeal of nearby properties by enhancing environmental quality and recreational opportunities.
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