17 Grosvenor Street

Already owning 19 Grosvenor Street GSI decided to purchase this neighbouring property to allow our commercial tenant to expand their office space on the ground floor. We then developed the upper floors into four luxury studio apartments. Our vision for this development was to offer studios finished to a luxury hotel room standard whilst retaining some of the history of the building. This also sits highly when looking at GSI’s best performing rental properties.

Project Overview:

  • Purchased price £250,000
  • Development costs £190,000
  • Current Value £750,000
  • Yield based on value 7.06%

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