3 bed property

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3 bed property

Kings Cross Road, King's Cross, London WC1X
£1,450,000

Our Summary

  • Planning permission granted to add an additional floor and create an impressive self contained 3-bedroom apartment
  • Prime Kings Cross location, also close to Clerkenwell, both existing use potential with ERVs of over £70k, and development potential which would give the building an end value of £2,000,000
  • ERVs of £70,000 for the current building, with uplift on this should the property be extended

Description

This fantastic freehold sale is a unique opportunity in a prime Kings Cross location, currently set up as a commercial unit with residential uppers. Planning permission has been granted to add an additional floor, transforming the space into a self-contained 3-bedroom apartment. With existing use potential and ERVs of over £70,000, the property also offers development potential, with an end value of £2,000,000. The building is situated in a highly sought-after area, close to Clerkenwell, Bloomsbury, Angel, and Euston, making it an attractive investment opportunity.