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3 bed property
Kings Cross Road, King's Cross, London WC1X
£1,450,000
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 currently a commercial unit with residential upper floors, offering a unique opportunity for development. Planning permission has been granted to add an additional floor, transforming the space into a self-contained 3-bedroom apartment. Located in the prime King's Cross area, with close proximity to Clerkenwell, the property benefits from existing use potential with ERVs of over £70,000, as well as development potential, which could increase the building's end value to £2,000,000.