>
Caledonian Road, Islington, N1 3 bed block of apartments for sale
Caledonian Road, Islington, N1
£1,200,000
Caledonian Road, Islington, N1
£1,200,000
Our Summary
- 74%**Precedence from neighbouring properties to build up, subject to planning permission*
Description
This freehold building in Islington's Barnsbury area offers a unique investment opportunity. The property features a large commercial unit spread over two floors, with a lock-up shop and basement, as well as two one-bedroom apartments. The commercial unit has been recently refurbished and is currently producing £24,000 per annum, with a 10-year FRI lease and no break clause. The two apartments, located on the first and second floors, offer modern living spaces with high ceilings and period sash windows. The property is situated on Caledonian Road, just moments from Thornhill Square gardens and Caledonian Road tube station, with easy access to Upper Street in Angel and the major transport hub at Kings Cross/St Pancras International. With the area undergoing significant regeneration and investment, this property presents a rare opportunity to capitalize on the growth and development of the area.