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Gray's Inn Road, London, WC1X

London

£1,400,000

Listed on 02/09/2025

The listing

Property details

Bedrooms
2
Type
Mixed Use
Area
1842 sqft

Description

Situated in a prime location between Gray's Inn and the bustling King's Cross, this property represents a significant renovation opportunity. With the ability to create an innovative live-work environment or develop a boutique mixed-use scheme, investors can take advantage of the area's ongoing regeneration. The property is strategically located near King's Cross St. Pancras International, one of London’s largest transport hubs, providing access to multiple Underground lines and national rail services. Additionally, it is surrounded by a diverse array of shops, cafés, and restaurants that cater to both residents and visitors alike. Currently configured with Class E commercial space on the ground floor and residential use on the upper levels, there is potential for reconfiguration into multiple self-contained flats pending planning permissions from the London Borough of Camden. Future projects could include extending at the rear and adding a mansard roof. This would not only modernize the ground floor for retail or office use but also allow for lucrative rental income opportunities from converted living spaces above.

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Location

Gray's Inn Road, London, WC1X
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Finance

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Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£5,289
Based on a loan of £1,050,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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