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Refundable Holding deposit Capped at 1 weeks rent
Security Deposit Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000
Rent The agreed monthly rent
Changes to tenancy Capped at £50 inc VAT
Early termination charge Not exceeding the landlord’s financial losses
Late payment of rent Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue
Replacement keys Reasonable costs or give the tenant the option to purchase themselves.
Utilities, council tax, communication services, TV Licence etc Tenants own responsibility unless otherwise stated in contract
Client Money Protection Scheme Membership details TBC
Property Redress Scheme  Membership details TBC

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Free Market Appraisal

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For Sale 6 Bedrooms 4 Bathrooms 4 Receptions £1,200,000

Kings Cross Road, Kings Cross, WC1X - £1,200,000

The Stamp Duty for this property would be £63,750    (Show break down) (Hide break down)

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Purchase price bands (£)Percentage rate (%)SDLT due (£)
Up to £125,000 0 £ 0
Above £125,000 and up to £250,000 2 £ 2,500
Above £250,000 and up to £925,000 5 £33,750
Above £925,000 and up to £1,500,000 10 £27,500
Above £1,500,000+ 12> £ 0
*This is for illustrative purposes only

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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 ft with a rental value of £28,000 per annum. 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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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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