Auction House London

Lot 48

Block of Apartments - Flats / Apartments 

35 Swinton Street

Kings Cross, London, WC1X 9NT

£2,100,000+

Guide Price (plus fees)

A Well Located Grade II Listed End of Terrace Period Building Currently Arranged to Provide Seven Self-Contained Flats (Five x 1 Beds, Two x Studios). Part Let Producing £75,000 per annum. Offer from Tenants to Let the Remaining Two Flats at an Additional £23,400 Per annum

Description

The property comprises a substantial end of terrace period building arranged over lower ground, ground and three upper floors internally arranged as seven self contained flats.

Tenure

Freehold

Location

The property is situated in the sought after area of Kings Cross close to local shops and amenities. A multitude of local parks are within easy reach. Transport links are provided by Kings Cross St Pancras underground and rail stations as well as St Pancras International which provides Eurostar access.

Addendum

The two studios are not currently let. There is an offer from the existing tenant to let the two flats. The incoming buyer can choose to exercise this if they wish.

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Rent
Flat A Lower Ground Studio Room, Kitchen, Shower Room Offer of 1 year tenancy at £1,150 pcm (£13,800)
Flat B Lower Ground Studio Room, Kitchen, Shower Room Offer of 1 year tenancy at £800 pcm (£9,600)
Flat 5 Ground Open Plan Reception/Kitchen, Bedroom, Two Bathrooms Let on a corporate AST for 6 months starting 1st October 2021 at a rent of £1,250 pcm £15,000
Flat 1 Ground Open Plan Reception/Kitchen, Bedroom, Bathroom Let on 3 year tenancy from Feb 2021 at £1,250 pcm £15,000
Flat 2 First Open Plan Reception/Kitchen, Bedroom, Bathroom Let on 3 year tenancy from Feb 2021 at £1,250 pcm £15,000
Flat 3 Second Open Plan Reception/Kitchen, Bedroom, Bathroom Let on 3 year tenancy from Feb 2021 at £1,250 pcm £15,000
Flat 4 Third Open Plan Reception/Kitchen, Bedroom, Bathroom Let on 3 year tenancy from Feb 2021 at £1,250 pcm £15,000

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Download Legal PackView Details as PDFEnquire NowFinance AvailableRegister to Bid
Open House Viewings:

Monday 6th December12:00 - 12:30

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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