Kings Cross residential development is situated parallel to a mainline rail station in the heart of the bustling commuter town. The eight-storey building boasts a selection of beautifully designed, high specification one- and two-bedroom apartments with communal roof terrace for residents.
The development has secure residents’ entrances with automated video door entry system and optional allocated underground car parking spaces.
There is direct trains into St Pancras within 22 minutes and 15 minutes train ride to West Hampstead being ZONE 2 London Underground Network.
Due for completion end of Q1 2021.
- The development is currently under construction with the internals being done and cladding/windows being fitted.
- Constructing 49 units in the town centre – parallel to the station so probably the best located units in town.
- 32×1 beds and 17×2 beds (1 beds are near 500 sqft and 2 beds are 620 soft and couple of 2 beds at near 800 soft) NIA: 26,576 sqft
- Walking distance to a main station (1 minute), Mall (2 minute), University (5 minute) and a short drive (5 minute) to one of London busiest airport.
- 1 bed are around the 180-200k mark (maybe a little more) and 2 beds 250k mark.
- Rental projections from 2 independent agents estimated to be circa £545,000 per annum for the 49 units.
- Currently have 2 proposals whereby company takes over all units on a guaranteed fixed yields basis offering gross 450k per annum for a 5-year period initially.For more information email: sam@kingdompartners.uk
Property Features
- passive income investment
- serviced apartment block
- tenanted residential apartments
- Type: Residential Development (New Build)