Royal College Street, London, NW1
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
28
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Sui Generis Use
- Operating As C3 over 13 years
- 28 Studios
- Asset Management Potential
- Alternative Use Potential
Description
* Opportunity to acquire an underlet freehold residential investment comprising 28 studios with Sui Generis use.
LOCATION
* The property is situated on Royal College Street and is approximately a 10-minute walk to Camden Town underground station, offering Northern line services.
DESCRIPTION
* The property is arranged across five storeys and provides 28 studios extending to approximately 10,658 SqFt (NIA).
* The property is currently generating approximately £556,560 per annum.
* Currently, all 28 studios are let on ASTs.
* The ground-floor commercial units have been sold off on long leaseholds.
* The property has an estimated market rental value of approximately £604,800 per annum.
* We have been advised that the current operating costs amount to £57,988.91 per annum.
* The property currently has a use class of Sui Generis.
* The property has been operating as C3 class use for over 13 years.
TERMS
* The property is not elected for VAT.
* The property is available freehold.
* Offers in excess of £7,700,000
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Royal College Street, London, NW1
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Visit our security centre to find out moreDisclaimer - Property reference CamdenMass. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Di Properties Ltd, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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