This vacant one bedroom apartment represents a compelling investment opportunity in the heart of Bloomsbury, offering strong rental demand and an attractive projected gross yield of approximately 12% based on an estimated £1,800 pcm. Set within the well-established Sinclair House, the property is ideally positioned for investors seeking a centrally located asset.
The apartment offers well proportioned accommodation suited to the local rental market, appealing equally to professionals, postgraduate students and academic staff drawn to the surrounding institutions. While investors will immediately recognise the income potential, the layout and location also make the flat a practical option for owner-occupiers or first-time buyers seeking a London base with excellent connectivity.
Sinclair House occupies a prime central London position, moments from Russell Square, Bloomsbury and the West End. The property benefits from outstanding transport links, including Euston station and King’s Cross St Pancras, providing access to multiple Underground lines, national rail services and international connections via Eurostar. The City, Soho and Covent Garden are all within easy reach, reinforcing long term demand from both tenants and owner occupiers. The area is further supported by world renowned universities, major hospitals and a diverse range of employment hubs.
From an investment perspective, the flat offers immediate income generation with the added benefit of vacancy, allowing a buyer to set rent at current market levels or consider light modernisation to enhance returns. With consistent demand for rental property in this location and limited supply at this price point, this is a rare opportunity to acquire a centrally located London apartment with strong yield credentials and enduring appeal.
Auction
To be sold by online auction (unconditional) on Thursday 26th February 2026 with a 6 WEEK COMPLETION, bidding will open at 10.00.
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Tenure
Leasehold with vacant possession
Lease
999 years from 25 December 1985 - 958 years remaining.
Ground rent and service charge
Please see legal pack for further details.
EPC rating
D
Council tax band
London Borough of Camden
Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.
Guide prices
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.
Additional fees
A buyers charge of £1,500 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
Deposit
If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller. Both parties are legally bound to complete the transaction as per the special conditions in the legal pack. Your card will be automatically debited for the bidder security amount of £6,000 and we'll require the remaining balance for a 10% non-refundable deposit. We will contact you after the auction has finished to make these arrangements.
Pre-auction offers
These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".
Mortgage finance
We advise all bidders who require a mortgage to confirm with their Financial Advisor as to whether or not the lot you are interested in would be suitable security to borrow finance against, prior to bidding. If you need to arrange a mortgage it is important that you obtain an offer from your lender before the day of the auction. Most building societies and banks will instruct a surveyor to prepare a valuation report before making a mortgage offer.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
Whether you’re looking to sell or let your property, we can provide you with a free, accurate valuation based on our expert knowledge and the latest trends in your local area.
Call 01344 753120
enquiries@firstforauctions.co.uk
