9 Bed Detached House, Single Let, London, N1 8DW, £2,550,000

City Garden Row, Islington, London, N1, N1 8DW - 2 years ago

BTL
~279 m²
+25 photos

ValuationUndervalued

Sold Prices£755K - £4.3M
Sold Prices/m²£7K/m² - £42.1K/m²

 

 

Square Metres

~279 m²
Price/m²£9.1K/m²

Value Estimate

£3,085,500
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£637,500

Stamp Duty & Legal Fees

£345,950

Total Cash In

£983,450

 

 

Cash Out

 

Rent Range

£2,687 - £7,000

Rent Estimate

£2,925

Running Costs/mo

£8,574

Cashflow/mo

£-5,649

Cashflow/yr

£-67,785

Gross Yield

1%

Local Sold Prices

52 sold prices from £755K to £4.3M, average is £1.9M. £7K/m² to £42.1K/m², average is £11.7K/m².

PriceDateDistanceAddressBeds 
£1.0M04/210.07 mi16, Remington Street, London, Greater London N1 8DH4
£2.5M11/200.17 mi64, Noel Road, London, Greater London N1 8HB4
£2.1M11/230.18 mi3, Quick Street, London, Greater London N1 8HL4
£1.8M03/210.18 mi103, Noel Road, London, Greater London N1 8HD4
£1.1M10/220.19 mi8, Sidney Grove, London, Greater London EC1V 7LP4
£1.0M01/210.19 mi2, Fredericks Row, London, Greater London EC1V 7LN4
£950K02/220.19 mi2, Elia Mews, London, Greater London N1 8DA4
£1.9M09/210.2 mi6, Elia Street, London, Greater London N1 8DE4
£4.3M09/210.23 mi1, Noel Road, London, Greater London N1 8HQ4
£1.6M06/210.24 mi19, Gerrard Road, London, Greater London N1 8AY4
£1.9M04/210.24 mi51, Noel Road, London, Greater London N1 8HQ4
£3.3M10/210.25 mi27 And A Half, Gerrard Road, London, Greater London N1 8AY4
£2.7M10/230.25 mi27, Gerrard Road, London, Greater London N1 8AY4
£2.9M07/230.25 mi14, Danbury Street, London, Greater London N1 8JU4
£1.8M02/210.25 mi36, Gerrard Road, London, Greater London N1 8BA4
£1.4M09/210.26 mi79, St Peters Street, London, Greater London N1 8JR4
£3.8M03/220.26 mi18, Northampton Square, London, Greater London EC1V 0AJ4
£1.9M07/220.28 mi12, Allingham Street, London, Greater London N1 8NY4
£1.6M03/210.29 mi31, Allingham Street, London, Greater London N1 8NX4
£2.9M11/230.3 mi25, Devonia Road, London, Greater London N1 8JQ4
£755K11/230.31 mi5, Godwin Close, London, Greater London N1 7HY4
£1.9M04/240.32 mi39, St Peters Street, London, Greater London N1 8JP4
£1.9M04/240.32 mi39, St Peters Street, London, Greater London N1 8JP4
£2.9M10/210.32 mi27, St Peters Street, London, Greater London N1 8JP4
£3.2M12/200.46 mi1, Myddelton Square, London, Greater London EC1R 1XL4
£1.5M11/200.48 mi1, Arlington Avenue, London, Greater London N1 7BE4
£1.6M12/200.48 mi9, Coleman Fields, London, Greater London N1 7AG4
£1.1M01/230.51 mi29, Ritchie Street, London, Greater London N1 0EH4
£2.1M10/210.55 mi69, Theberton Street, London, Greater London N1 0QY4
£2.0M05/210.55 mi20, Theberton Street, London, Greater London N1 0QX4
£1.6M11/200.56 mi22, Dagmar Terrace, London, Greater London N1 2BN4
£1.9M08/230.56 mi13, Dagmar Terrace, London, Greater London N1 2BN4
£1.8M11/230.56 mi21, Dagmar Terrace, London, Greater London N1 2BN4
£1.5M01/240.56 mi15, Dagmar Terrace, London, Greater London N1 2BN4
£2.4M02/230.58 mi4, Cruikshank Street, London, Greater London WC1X 9HF4
£1.4M10/220.59 mi60, Buttesland Street, London, Greater London N1 6BY4
£2.9M05/220.59 mi32, Wilmington Square, London, Greater London WC1X 0EG4
£2.6M03/210.61 mi68, Gibson Square, London, Greater London N1 0RA4
£2.7M11/210.61 mi48, Gibson Square, London, Greater London N1 0RA4
£2.6M06/240.61 mi54, Gibson Square, London, Greater London N1 0RA4
£1.7M04/220.63 mi84, Haberdasher Street, London, Greater London N1 6EJ4
£1.9M06/210.63 mi70, Cloudesley Road, London, Greater London N1 0EB4
£3.0M06/210.63 mi1, Islington Place, London, Greater London N1 0ET4
£3.0M06/210.63 mi1, Islington Place, London, Greater London N1 0ET4
£2.0M11/220.64 mi35, Lloyd Baker Street, London, Greater London WC1X 9AB4
£1.6M04/230.64 mi41, Lloyd Baker Street, London, Greater London WC1X 9AB4
£1.6M04/230.64 mi41, Lloyd Baker Street, London, Greater London WC1X 9AB4
£1.8M03/210.65 mi197, Liverpool Road, London, Greater London N1 0RF4
£2.6M05/210.66 mi10, Granville Square, London, Greater London WC1X 9PF4
£2.6M10/230.66 mi6, Milner Place, London, Greater London N1 1TN4
£1.5M02/210.67 mi38, Florence Street, London, Greater London N1 2DU4
£1.4M08/230.68 mi43, Wharton Street, London, Greater London WC1X 9PG4

Local Rents

51 rents from £2.7K/mo to £7K/mo, average is £4K/mo.

RentDateDistanceAddressBeds 
£5,50012/240.02 mi-5
£5,00003/240.04 miHaverstock Street, Islington, N14
£3,77003/240.06 miBook House, City Road, EC1V3
£3,50004/240.06 miPickard Street, Clerkenwell, London4
£2,68705/240.07 miRemington street, Angel N13
£5,25004/250.07 mi-4
£5,00003/240.08 miChronicle Tower, City Road, EC1V3
£6,00003/240.08 miChronicle Tower, 261B City Road, EC1V3
£6,00012/240.08 miChronicle Tower, City Road, EC1V3
£3,40006/240.11 mi-3
£3,40012/240.11 mi-3
£2,92503/240.11 miHall Street, Clerkenwell - Angel EC1V3
£5,40005/240.12 mi-3
£5,50003/240.12 miCarrara Tower, 1 Bollinder Place, EC1V3
£4,85003/240.12 miSiena House, 250 City Road, London, EC1V3
£4,85005/240.12 miSiena House, 250 City Road, London, EC1V3
£5,75004/240.12 miBollinder Place, Islington, London, EC1V3
£5,75005/240.12 miBollinder Place, London, EC1V3
£7,00003/240.12 miCanaletto Tower, 257 City Road, London, EC1V3
£6,00005/240.12 miNelson Terrace, London, N13
£3,80004/250.13 mi-3
£3,00012/240.13 mi-3
£5,00003/240.13 miValencia Tower, Bollinder Place, EC1V3
£7,00003/240.14 miCanaletto Tower, 257 City Road, London, EC1V3
£5,00003/240.14 miSiena House, Bollinder Place, EC1V3
£4,50004/240.14 miSiena House, Bollinder Place, EC1V3
£2,80003/250.14 mi-3
£3,00003/240.14 miPeregrine House, Hall Street, EC1V3
£3,46204/240.14 miRahere House, Central Street, London, EC1V3
£5,00012/240.15 miSudeley Street, London, N13
£3,50002/240.15 mi-3
£3,20003/240.15 miWakley Street, London3
£3,25004/240.16 miWakley Street, Islington, EC1V3
£3,79512/240.17 mi-3
£3,99905/240.17 miWharf Road, Islington, London, N13
£4,00003/240.18 mi-4
£4,00003/240.18 miPresident House, London, EC1V4
£4,40012/240.18 miPresident House, London, EC1V4
£4,20012/240.18 mi-4
£3,44501/250.18 mi-4
£4,20003/250.18 mi-4
£3,50005/240.18 miPresident House, London, EC1V4
£3,50005/240.18 mi-4
£4,00012/240.18 miCube Building, 17-22 Wenlock Road, London, N13
£5,20012/240.18 mi-3
£5,20012/240.19 mi-3
£2,95012/240.19 mi-3
£2,95003/250.19 mi-3
£3,90012/240.2 mi-4
£3,72703/250.2 mi-3
£3,72703/250.2 mi-3

Local Area Statistics

Population in EC1

27,082

Town centre distance

0.36 miles away

Nearest school

0.20 miles away

Nearest train station

0.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Buyer's market

Capital growth (5yrs)

-2%

Property History

Listed for £2,550,000

February 24, 2023

Floor Plans

Description

  • Unbroken Freehold Building +
  • 2962 Sq.Ft / 275 Sq.m +
  • Six Self Contained Apartments +
  • 1 x 4 Bedroom two Bathroom Maisonette +
  • 3 x 1 Bedroom Apartments +
  • 2 Studio Apartments +
  • Opportunity to Add another Apartment Subject to planning consent +
  • Excellent Location +

Investment opportunity

Freehold building which was once a public house containing six self-contained apartments.
Currently rented out at circa £136,000 per annum.

The building is comprised of;
Two studio apartments
Three 1 Bedroom apartments
One four bedroom two bathroom apartments.

The building and interiors are in very good decorative order.

There is an opportunity (subject to planning consent) to add another apartment to the building.

City Garden Row, is an excellent location, in close proximity to the Regents Canal, Angel and Old Street.

Agent Details

Ellis & Co, Islington

020 3910 6715

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪