12 Bed Flat For Sale White Lion Street, London, N1
£2,850,000- Flat
1 of 5
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Last Updated: 18th April 2024
Description
* A prime residential development opportunity with planning permission for reconfiguration and redevelopment in the heart of Islington.\r
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* The property is conveniently located just 0.1 miles from Angel Station (Northern line), offering residents the best of city living, with trendy shops, entertainment, and cultural amenities just moments away.\r
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* The building is currently arranged as 5 well-appointed apartments which are in need of refurbishment totalling 3,455 sq.ft NIA.\r
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* Planning permission has been granted by Islington Council (REF: P2021/3069/FUL) for a two-storey rooftop extension. This extension will create two further apartments.\r
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* The proposed development will consist of a well-balanced mix of 2 x studios and 5 x 2 beds with an NIA of 4,776 sq ft.\r
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* The existing apartments are fully let on ASTs, producing a total of £93,300 per annum.\r
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* CIL and Section 106 payments £173,370.\r
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* Freehold.\r
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We are instructed to seek offers in excess of £2,850,000 (Two Million Eight Hundred and Fifty Thousand Pounds.) subject to contract.
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* The property is conveniently located just 0.1 miles from Angel Station (Northern line), offering residents the best of city living, with trendy shops, entertainment, and cultural amenities just moments away.\r
\r
* The building is currently arranged as 5 well-appointed apartments which are in need of refurbishment totalling 3,455 sq.ft NIA.\r
\r
* Planning permission has been granted by Islington Council (REF: P2021/3069/FUL) for a two-storey rooftop extension. This extension will create two further apartments.\r
\r
* The proposed development will consist of a well-balanced mix of 2 x studios and 5 x 2 beds with an NIA of 4,776 sq ft.\r
\r
* The existing apartments are fully let on ASTs, producing a total of £93,300 per annum.\r
\r
* CIL and Section 106 payments £173,370.\r
\r
* Freehold.\r
\r
We are instructed to seek offers in excess of £2,850,000 (Two Million Eight Hundred and Fifty Thousand Pounds.) subject to contract.
Agent Details
ESTATE OFFICE INVESTMENTS LIMITED
Ground Floor 1 Finchley Road, London, NW8 9TT
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.