Initial price	£810,000
05/10/24	£799,500
25/01/25	£750,000
09/05/25	£575,000
11/12/25	£515,000
Price Change	-36.42%

Ariston Property is offering a unique development opportunity in central London's Bloomsbury area, via online auction. The site, located beneath the Queen Court Victorian red brick mansion block in Russell Square, has the potential to be excavated and transformed into lower ground floor space for residential flats or commercial units, subject to planning permission. The property enjoys excellent transport links, proximity to the British Museum, and a range of amenities. With a site area of approximately 0.107 acres, the project offers a rare chance to create something new in a prime central location. The tenure is leasehold, with a term of 999 years from October 7, 2015. With a starting bid of £575,000, this opportunity is not to be missed for developers and investors looking to make their mark in one of London's most desirable areas.