Property for sale in Caledonian Road, Islington N1

£1,150,000
Interested in this property? Call +44 20 3478 2926 * or Request Details

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Property for sale - 3 bedrooms

3 3 3

Tenure:
Freehold
Council tax band:
Not available

Utilities and more details

Property features

  • Close to amenities
  • Close to public transport
  • Courtyard

Property description

Square Quarters are pleased to present this opportunity to purchase this Freehold building spread over 4 floors in this prime location consisting of a massive commercial unit over 2 floors and 2 x 1 bed apartments in Islingtons Barnsbury area N1 moments to Kings Cross.

The building has been fit out to a high standard after a recent refurbishment. The building consists of a ground floor lock up shop and basement with lovely flooring, glass frontage, small office, kitchenette and a WC. The first floor has a modern one bedroom apartment with open plan living room and kitchen, bathroom and spacious bedroom boasting large period sash windows and high ceilings. The top floor apartment has stairs leading up to the 2nd floor landing, a modern open plan kitchen and reception, bathroom, spacious bedroom and small loft area.

<span>The property is located on Caledonian Road in the Barnsbury area, only moments from the gardens of Thornhill Square and suitably located within a few minutes walk to Caledonian Road tube station and moments to the sought after Upper Street in Angel and perfectly for access to the major transport hub at Kings Cross/ St Pancras International and not only does Kings Cross & St Pancras International provide truly phenomenal accessibility around London but it is also currently one of the biggest development sites/ regeneration areas in London, benefiting from a massive influx of investment in infrastructure and property, creating one of the most exciting and vibrant locations with a wealth of amenities. With Google, amongst others, looking to build their European & UK headquarters and Central St Martins College this really is set to be an even more desirable and sought after area.</span>

<ol> - Commercial Unit producing £24,000 pa (10 year Fri ( Full insuring and repairing lease) with no break clause and rent review in 2024 and every 5 years thereafter) - Approx 1449 Sq Ft (134.6 sq.m)
- 1st Floor Flat (36 sq.m)
- 2nd Floor Flat (41.50 sq.m)
</ol>
*Flats producing £42,000 pa total current yield 5.74%*

*Precedence from neighbouring properties to build up, subject to planning permission*

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Square Quarters, N1 on +44 20 3478 2926 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Square Quarters, and do not constitute property particulars. Please contact Square Quarters for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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