Development
properties

Sold

146 Caledonian Road, London N1 9RE

Offers in excess of £300,000

Refurbishment Opportunity

Freehold

570sq.ft split level maisonette

Desirable North London Location

Offers invited in excess of £300,000

Flat A - Ground, 1st & 2nd floor: Sold on a 125 year lease from 1985

Flat B - Ground & Lower ground floor: Vacant

Description

146 Caledonian Road is a four storey end of terrace grade II listed building, arranged as two maisonettes. Flat A is arranged over ground, first and second floors and is sold on a long lease. Flat B is over ground and lower ground floors and is vacant. The vacant flat is approximately 570sq.ft and currently arranged as a one bedroom, but has potential to be reconfigured into a two bedroom. The flat benefits from it’s own entrance, courtyard and shared garden and is in need of extensive modernisation.

Location

The property is located in Kings Cross, Central London within the London Borough of Islington. The property is set back from the main road and the entrance is on Calshot Street.

The area of Kings Cross is undergoing the largest regeneration and development in Europe, with new homes, streets and open spaces being created. There are numerous restaurants, bars, music venues and galleries in the area, making it one of the most exciting places in London to live.

Transport

The property has excellent transport links, with Kings Cross St. Pancras Station an 8-minute walk away and St. Pancras International a 12-minute walk away. Four train services run from Kings Cross with links to most of the UK and Scotland. The Eurostar runs from St Pancras Station.

Buyers Note

Purchaser will have a contractual obligation to rebuild the ground floor side extension, and re-house flat B lessee whilst work is carried out (reasonable rental budget agreed). Planning and Listed Building consent approved. Specification of works available within the buyers pack.
Purchasers should note that this opportunity is being offered by way of a company sale.

Tenure

Freehold

VAT

We understand that VAT is not applicable.

Viewings

Viewings by appointment only via Highfield Investments.

Terms

Offers are invited in excess of £300,000 Subject to Contract for the freehold interest.

Additional Information

Copies of the approved plans, listed consent, decision notice and freehold obligations are available upon request.

Please note the information provided by Highfield Investments London Limited, trading as Highfield Investments has been given in good faith, however all parties must undertake their own due diligence to satisfy themselves in regards to accuracy.