Central Bloomsbury flat with long lease and strong rental potential near King’s Cross.
Lift access and private balcony; third‑floor position
Over 100 years remaining on the lease (approx. 101 years)
Compact two‑bedrooms — total area about 584 sq ft
Chain free — vacant possession potential
Service charge approximately £2,100 per year
Annual ground rent nominal (£10)
Excellent transport links: Kings Cross/St Pancras/Russell Square nearby
Area records very high crime; local deprivation noted
Set on Cromer Street in the heart of Bloomsbury, this third-floor two-bedroom apartment offers straightforward central‑London living with lift access and a private balcony. At around 584 sq ft and presented in good order, the layout suits single professionals, a small family or buy‑to‑let investors seeking reliable rental demand close to King's Cross, St Pancras and Russell Square.
Practical details are clear: a long lease of approximately 101 years, an annual service charge of about £2,100 and a token ground rent. The property is chain free and benefits from excellent transport links and proximity to universities, shops and cultural amenities — features that support lettings and short‑term convenience for occupants.
Buyers should note material negatives plainly. The flat is compact for a two‑bedroom (small overall size) and sits in an area with very high recorded crime and significant local deprivation, which may affect long‑term resale or owner‑occupier appeal. The relatively high service charge for the size is a recurring cost to factor into affordability and yield calculations.
For investors, the combination of central location, long lease and strong nearby transport hubs makes this a practical rental proposition; for first‑time buyers or downsizers it provides a low‑maintenance, well‑located base in Bloomsbury but with trade‑offs in size and neighbourhood security. Verification of measurements, charges and local information is recommended before proceeding.