£295,000
(£1,054/sq. ft)
1 bed flat for saleCaledonian Road, Islington N1
1 bed
1 bath
1 reception
280 sq. ft
EPC Rating: D
Added on
About this property
Close to amenities
Fitted Kitchen
Close to public transport
Wood Floors
Bright and Airy
Square Quarters are delighted to present this well-presented one-bedroom apartment on the vibrant Caledonian Road in Islington, moments from King-s Cross, N1.
The property comprises a spacious bedroom, open-plan reception room with modern fitted kitchen and a contemporary shower room, making it an excellent option for first-time buyers, investors or those looking for a London pied-à-terre.
The property also offers exciting future potential. Previous planning permission was granted to extend the apartment, demonstrating the potential to increase the accommodation and enhance the property further. The previous permission has now lapsed and any future extension would be subject to obtaining fresh planning permission and all other necessary consents.
There is also a potential opportunity to acquire an interest in the freehold, with the existing leaseholders currently progressing the acquisition of the buildings freehold.
The property is superbly located for access to King-s Cross and St Pancras International, providing outstanding transport connections across London, throughout the UK and into mainland Europe.
King-s Cross has undergone one of Londons most significant regeneration programmes, transforming the area into a thriving destination offering an excellent selection of restaurants, bars, shops, galleries, public spaces and cultural attractions, alongside the renowned Granary Square and Coal Drops Yard.
The apartment is currently tenanted and also represents an attractive buy-to-let opportunity.
Key Features
- Potential to extend – previous planning permission granted (now lapsed); any future extension subject to fresh planning permission and necessary consents
- Potential opportunity to acquire an interest in the freehold
- Great btl investment – currently tenanted with an attractive 6.41% yield
- Ideal first-time purchase or London pied-à-terre
- Open-plan reception and modern fitted kitchen
- Excellent access to King-s Cross & St Pancras International
- No onward chain
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More information
Tenure
Leasehold (116 years)
Service charge
£692 per year
Council tax band
A
Ground rent
£75
Ground rent date of next review
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