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£5,250,000

Almeida Street, Islington, London, N1

  • 11 beds
House

£5,250,000

  • 11 beds
House
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Estimate monthly mortgage payment:

£23,967 per month

Minimum deposit amount:

£262,500
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A freehold interest for the entire Grade II listed Georgian premises of 3 and 4 Almeida Street c.1837 (subject to a short lease 58 years, 4 first floor flat). A rare opportunity to acquire a pair of attached freehold semi-detached properties. Number 3, the family home was bought in 1975, with the residence extended into the ground floor at number 4, following the purchase of the freehold of 4 Almeida Street 1988. Included in the sale are the lower ground flat at 4a, and the upper maisonette at 4c, and freehold of 4 Almeida Street. The first floor flat is owned separately on a leasehold with 58 years to run. The current extension allows for a flexible living space, with double fronted reception rooms, which currently lead into a ground floor bedroom on the (nos. 4) side but could be used as a study or playroom. Number 4, the lower ground floor flat and second and third floor maisonette are both let on assured shorthold tenancies (AST). The first floor flat was sold on a separate 99-year lease back in 1983. The main entrance to number 3 is set to the side and leads into a wide 2m wide entrance hall. To the rear of the entrance hall is a most useful utility room and boot/cloaks room. The inner hallway leads into the glorious front reception room with two large sash windows and a delightful array of period features. To the rear is a fitted kitchen which opens to a rear walkway and gardens. The front reception was opened into the neighbouring reception room some years ago and we understand has permissions to retain. The second reception is of the same proportions and similar features. To the rear is currently a bedroom/ former dining room, which leads to a rear bathroom, workshop, utility, and store cupboards. This also provides further access to the rear garden and into the entrance hall of the attached property. The lower ground floor provides two bedrooms, a store/workshop, bathroom, kitchenette, and access to the front lightwell and two vaults. The staircase leads to the first floor with a wonderful and elegant reception with tall sash windows and period features and shelving. There is a study/ bedroom to the rear. The second floor offers a further well proportioned bedroom and master bathroom. The top (third floor) offers two further double bedrooms and a further bathroom with storage cupboards. The rear garden is almost due south facing with a retained wall and over 50ft in width. The gardens are accessed via the two-rear utility/ workshops and kitchen and ground floor bedroom via the walkway. There is a splendid brick archway between the two main gardens sections and a rear walkway to the immediate rear of both properties. To the front of number 3 is an area for off street parking. The second and third floor of 4 Almeida Street is currently arranged as a spacious and well-presented three double bedroom maisonette, with light and airy reception room. There is a bathroom and kitchen to the second floor. The lower ground floor of 4 Almeida Street is accessed via the gate on the front railings and into the front lightwell. This one-bedroom apartment is spacious, offering 637 sq. ft plus a cellar, The long kitchenette is within one vault with added storage. To the rear is a spacious bedroom with doors out to a patio. To the side is good storage and a utility room and shower room. Almeida Street is found in central Islington a few doors along from the internationally renowned Almeida Theatre. Upper Street is close by and continues to offer wonderful shopping, restaurants, and bistros. Most recently, the Islington Square complex just seconds away from this property, has been completed, providing a cinema, restaurants, and further shopping opportunities.

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£541,250
Mortgage and legal costs:
£999
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