Wiseman
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More about this property

King Cross/ St Pancras

Brilliant Investment opportunity

A must see !!

Freehold

A fantastic investment opportunity to purchase this free hold terraced property located on Kings Cross Road. Situated in the centre of Farringdon, Russell Square, King Cross and St Pancras Tube Stations and very close to the regenration works that are taking place in this area. Within easy access to Barbican, The City and West Ends Shopping districts.

The property comprises of an A3 commercial unit on the ground floor which was previously an Indian restuarant, it is approximately 850 sq. Above the commercial unit there are three, self contained one bedroom flats on each floor with separate kitchens, all are approximately 350 sq ft, and a further one bedroom flat on the lower ground floor which is approximately 450 sq ft.

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Stamp Duty for Kings Cross Road, Kings Cross, London, WC1X

Stamp Duty Land Tax

See full breakdown

Total SDLT due

Below is a breakdown of how the total amount of SDLT was calculated

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Please note: This is for illustrative purposes only. The above calculator should not be relied upon when making financial decisions. Please seek advice from a specialist financial provider.

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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Letting Fee Information

Reservation Fee - One week's rent.

Security Deposit - Five weeks rent if rent per annum below £50,000, six weeks rent if above £50,000

Unpaid Rent - Interest at 3% above the Bank of England Base Rate. Interest will not be applied until the rent is 14 days in arrears.

Lost Keys - Tenants are liable for the cost of replacing any lost keys and/or security device including the costs of replacing any locks and/or security device if required.

Changes to the tenancy agreement (Tenant's Request) - £50 inc. VAT (or reasonable costs if higher).

Early Surrender of tenancy (Tenant's Request) - Should a tenant require an early surrender of their tenancy and should the landlord agree, the tenant will remain liable for the rent due under the tenancy until the date a new tenant takes up occupation of the property. The tenant will be required to cover the landlord's costs in connection with the surrender of the tenancy and the re-letting the property