Summary - Flat B, 127 Kings Cross Road, LONDON WC1X 9BJ
3 bed 1 bath Mixed Use
Add a floor and unlock a spacious three-bedroom home plus commercial earnings near major transport hubs.
- Freehold mixed-use Victorian terrace, approximately 2,116 sq ft
- Planning permission granted to add a floor and form a 3-bed apartment
- Existing ERVs circa £70,000 p.a.; uplift expected post-extension
- Spacious 3-bedroom residential unit across first and second floors
- Single bathroom only; likely refurbishment and reconfiguration required
- Small plot size; limited external space
- Excellent transport links; close to major stations and local amenities
- Local area records very high crime and deprivation; factor for management costs
A rare freehold in a highly connected central location, this mixed-use Victorian terrace currently houses a commercial unit with spacious three-bedroom accommodation across the first and second floors. The building totals approximately 2,116 sq ft and benefits from planning consent to add an additional floor and form a self-contained three-bedroom apartment, increasing rental and capital potential.
Current estimated rental value for the existing building is around £70,000 per year, with scope for uplift following extension and conversion. The property sits a short walk from major transport hubs and local amenities in nearby Clerkenwell, Angel and Bloomsbury, making it attractive for professional tenants or short-letting operators once works are completed.
Buyers should note practical and area factors: there is one bathroom in the residential accommodation, the site occupies a small plot, and the immediate area records very high crime and local deprivation levels. These realities affect management costs, lettability considerations and will influence refurbishment budgets.
This freehold will suit investors or developers who can manage refurbishment and local letting risks while unlocking the approved development uplift. The planning permission already in place reduces some entitlement risk, but refurbishment, tenant-sourcing and security measures are likely necessary to realise full value.
3 bedroom mixed use property for sale in Cromer StreeT, King's Cross, London, WC1H — £1,200,000 • 3 bed • 1 bath • 1296 ft²
3 bedroom block of apartments for sale in Cromer Street, London, WC1H — £1,200,000 • 3 bed • 3 bath • 1296 ft²
2 bedroom mixed use property for sale in Gray's Inn Road, London, WC1X — £1,400,000 • 2 bed • 1 bath • 1842 ft²
5 bedroom house for sale in Gray's Inn Road, Bloomsbury, WC1X — £1,400,000 • 5 bed • 2 bath • 1800 ft²
Commercial property for sale in 1 Birkenhead Street, London, WC1H 8BA, WC1H — £1,500,000 • 1 bed • 1 bath • 1445 ft²
Commercial property for sale in 1 Birkenhead Street, London, WC1H 8BA, WC1H — £1,500,000 • 1 bed • 1 bath • 1445 ft²
