Auction House London

Lot 22

Block of Apartments - Flats / Apartments 

63 Chalton Street

Kings Cross, London, NW1 1HY

£1,500,000+

Guide Price (plus fees)

A Well Located Substantial Mid Terrace Building. Internally Arranged to Provide Three Self-Contained Flats (2 x Two Bedroom & 1 x Four Bedroom). Fully Let Producing £77,796 Per Annum.

By Order of the Executors

Description

The property comprises a substantial mid terrace building arranged over lower ground, ground and two upper floors.

Tenure

Freehold

Location

The property is situated in the highly sought after area of Kings Cross. The open spaces of Regent's Park are within easy reach. Transport links are provided by Kings Cross St. Pancras underground station (Metropolitan and Circle lines) and St. Pancras International rail station.

Planning

The property previously had planning permission for the 'Erection of mansard roof extension at 2nd floor roof level to provide additional accommodation to existing flat (Class C3).' Reference: 2016/5102/P. Now lapsed.

Tenancy

Please refer to the legal pack for full copies of the tenancy agreements.

Current Rent Reserved

Current Rent Reserved £77,796 per annum

Addendum

For the avoidance of doubt, the planning permission from 2016 referred to in the auction particulars has lapsed.

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Rent
Flat 1 Lower Ground Open Plan Reception Room/Kitchen, Two Bedrooms, Bathroom, Study AST £19,200 Per Annum
Flat 2 Ground Reception Room, Kitchen, Two Bedrooms, Bathroom AST £19,800 Per Annum
Flat 3 First & Second Kitchen, Four Bedrooms, Bathroom, WC AST £38,796 Per Annum

Introducer

Additional Fees and Disclaimer

Administration charge: £1,500 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.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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Open House Viewings:
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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Enquire about 63 Chalton Street, Kings Cross, London, NW1 1HY

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