2 Bed Flat, Single Let, EC1V 2AG £1,650,000

Carrara Tower, Bollinder Place, London, EC1V 2AGV - 8 views - 2 years ago

Leasehold

BTL

~68 m²

ValuationOvervalued

Sold Prices	£162.5K - £1.3M
Sold Prices/m²	£2.7K/m² - £15.1K/m²

Square Metres	~68.11 m²
Price/m²	£24.2K/m²
Value Estimate	£711,533£711,533

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£412,500£412,500
Stamp Duty & Legal Fees	£159,950£159,950
Total Cash In	£572,450£572,450

Cash Out
Rent Range	£2,900 - £5,900£2,900 - £5,900
Rent Estimate	£3,375
Running Costs/mo	£5,851£5,851
Cashflow/mo	£-2,476£-2,476
Cashflow/yr	£-29,715£-29,715
Gross Yield	2%2%

Local Sold Prices

50 sold prices from £162.5K to £1.3M, average is £645K. £2.7K/m² to £15.1K/m², average is £9.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£740K	01/25	0 mi	1 Carrara Tower, Apartment 32, Bollinder Place, London EC1V 2AD	£11,212	66	2	Flat
£1.1M	02/25	0 mi	Apartment 81, 1 Carrara Tower, Bollinder Place, London EC1V 2AE	£11,526	95	2	Flat
£900K	11/24	0.05 mi	257 Canaletto Tower, Flat 1104, City Road, London EC1V 1AE	£11,538	78	2	Flat
£840K	03/25	0.18 mi	Flat 13, 248 Katial House, Goswell Road, London EC1V 7AS	£11,200	75	2	Flat
£616K	03/25	0.2 mi	Flat 1, 5 6 Firstoak House, Oakley Crescent, London EC1V 1AB	£8,676	71	2	Flat
£616K	03/25	0.2 mi	Flat 1, 5 6 Firstoak House, Oakley Crescent, London EC1V 1AB	-	-	2	Flat
£640K	03/25	0.2 mi	17 21 Cube Building, Flat 11, Wenlock Road, Hackney, London N1 7GT	-	-	2	Flat
£954K	08/23	0.21 mi	3, Paton Street, London EC1V 3PW	£11,494	83	2	Flat
£543K	12/22	0.21 mi	Flat 18, Burnhill House, Norman Street, London, Greater London EC1V 3PQ	-	-	2	Flat
£670K	12/24	0.21 mi	21, Flat 6, Lever Street, London EC1V 3QY	£11,754	57	2	Flat
£468K	12/22	0.21 mi	Flat 20, Alford Court, Shepherdess Walk, London, Greater London N1 7JW	-	-	2	Flat
£625K	12/24	0.21 mi	31, Flat 9, Seward Street, London EC1V 3PD	£9,921	63	2	Flat
£560K	07/23	0.22 mi	Flat 11, Langdon Court, City Road, London, Greater London EC1V 1LH	-	-	2	Flat
£430K	06/21	0.22 mi	Flat 45, Alford Court, Shepherdess Walk, London, Greater London N1 7JW	-	-	2	Flat
£940K	06/21	0.24 mi	190, Dance Square, London, Greater London EC1V 3AN	£11,899	79	2	Flat
£650K	03/23	0.26 mi	Flat 35, Moorgreen House, Wynyatt Street, London, Greater London EC1V 7JA	-	-	2	Flat
£640K	03/25	0.29 mi	Flat 1, 26, Bastwick Street, London EC1V 3PP	-	-	2	Flat
£702K	11/24	0.29 mi	26, Flat 9, Bastwick Street, London EC1V 3PP	£8,886	79	2	Flat
£670K	07/25	0.29 mi	Flat 7, 26, Bastwick Street, London EC1V 3PP	-	-	2	Flat
£640K	03/25	0.29 mi	Flat 1, 26, Bastwick Street, London EC1V 3PP	£10,159	63	2	Flat
£1.3M	10/24	0.29 mi	1 Britannia Wharf, Unit 4, Baldwin Terrace, London N1 7RU	£14,719	89	2	Flat
£799.2K	03/25	0.29 mi	Flat 5, 20 21 St Lukes View, Bartholomew Square, London EC1V 3QT	-	-	2	Flat
£638K	03/25	0.3 mi	Flat 1, 17 19, Paget Street, London EC1V 7PA	£11,193	57	2	Flat
£495K	03/25	0.3 mi	82, The Triangle, Compton Street, London EC1V 0AG	-	-	2	Flat
£495K	03/25	0.3 mi	82, The Triangle, Compton Street, London EC1V 0AG	£6,972	71	2	Flat
£515K	04/24	0.31 mi	Shaftesbury Court, Flat 84, Shaftesbury Street, Hackney, London N1 7HN	£7,923	65	2	Flat
£860K	08/25	0.31 mi	Flat 8, 93 99 Strategy House, Goswell Road, London EC1V 7EY	-	-	2	Flat
£162.5K	05/25	0.32 mi	Flat 1, 164 Angel Wharf, Shepherdess Walk, Hackney, London N1 7JL	£2,708	60	2	Flat
£905K	01/25	0.34 mi	15 27, Flat 11, Gee Street, London EC1V 3RD	£9,837	92	2	Flat
£370K	07/23	0.35 mi	Flat 13, Wyclif Court, Wyclif Street, London, Greater London EC1V 0EL	-	-	2	Flat
£485K	07/25	0.35 mi	Flat 10, Nile House, Provost Estate, Hackney, London N1 7NJ	-	-	2	Flat
£515K	11/22	0.35 mi	Flat 52, Tompion House, Percival Street, London, Greater London EC1V 0HX	-	-	2	Flat
£515K	09/22	0.35 mi	Flat 32, Tunbridge House, St John Street, London, Greater London EC1R 4TT	-	-	2	Flat
£1.2M	06/21	0.36 mi	20, Gerrard Road, London, Greater London N1 8AY	-	-	2	Flat
£530K	01/25	0.37 mi	333 Tunbridge House, 26, St John Street, London EC1R 4TT	£15,143	35	2	Flat
£530K	01/25	0.37 mi	26, 333 Tunbridge House, St John Street, London EC1R 4TT	-	-	2	Flat
£420K	03/25	0.37 mi	11, Newland Court, Old Street, London EC1V 9NS	£5,753	73	2	Flat
£520K	02/25	0.37 mi	Newland Court, 44, Old Street, London EC1V 9NS	£7,324	71	2	Flat
£390K	05/25	0.37 mi	Flat 75, Evelyn Court, Evelyn Walk, Hackney, London N1 7PS	£7,500	52	2	Flat
£762.5K	05/25	0.38 mi	Flat 11, 1, Owen Street, London EC1V 7JW	-	-	2	Flat
£762.5K	05/25	0.38 mi	Flat 11, 1, Owen Street, London EC1V 7JW	£9,187	83	2	Flat
£850K	07/25	0.38 mi	Flat 20, 74, Arlington Avenue, London N1 7AY	-	-	2	Flat
£950K	06/25	0.38 mi	Flat 108, 145, City Road, Hackney, London EC1V 1AA	£11,875	80	2	Flat
£950K	06/25	0.38 mi	Flat 108, 145, City Road, Hackney, London EC1V 1AA	-	-	2	Flat
£744K	11/24	0.4 mi	231, Flat 4, St John Street, London EC1V 4NG	£9,073	82	2	Flat
£540K	10/22	0.4 mi	Flat 77, Patrick Coman House, Skinner Street, London, Greater London EC1V 4NY	-	-	2	Flat
£940K	10/24	0.4 mi	35, Basement Front And Ground Floor, Myddelton Street, London EC1R 1UA	-	-	2	Flat
£650K	07/24	0.4 mi	Flat 2, 94, Banner Street, London EC1Y 8JU	£7,831	83	2	Flat
£650K	07/24	0.4 mi	94, Flat 2, Banner Street, London EC1Y 8JU	£7,831	83	2	Flat
£825K	08/22	0.4 mi	23a, Arlington Way, London, Greater London EC1R 1UY	-	-	2	Flat

Local Rents

50 rents from £2.9K/mo to £5.9K/mo, average is £3.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,750	03/24	0 mi	Carrara Tower, 1 Bollinder Place, EC1V	2	Flat
£3,600	03/24	0 mi	Bollinder Place, Carrara Tower, EC1V	2	Flat
£4,000	03/24	0 mi	Siena House, 250 City Road, EC1V	2	Flat
£4,333	03/24	0 mi	Carrara Tower, 1 Bollinder Place, London EC1V	2	Flat
£4,498	04/24	0 mi	Siena House, 250 City Road, EC1V	2	Flat
£4,099	04/24	0 mi	Siena House, 250 City Road, EC1V	2	Flat
£3,600	05/24	0 mi	Bollinder Place, Carrara Tower, EC1V	2	Flat
£3,850	05/24	0 mi	Carrara Tower, Bollinder Place, London EC1V	2	Flat
£4,767	09/25	0 mi	Carrara Tower, Bollinder Place, City Road, Shoreditch, Old Street, London, EC1V	2	Flat
£3,900	07/25	0 mi	Carrara Tower, Bollinder Place, London EC1V	2	Flat
£3,600	08/25	0 mi	Carrara Tower, Bollinder Place, London EC1V	2	Flat
£3,650	08/25	0 mi	Carrara Tower, Bollinder Place, London, EC1V	2	Flat
£3,800	08/25	0 mi	Bollinder Place, Carrara Tower, EC1V	2	Flat
£5,750	08/25	0 mi	Carrara Tower, Bollinder Place, London EC1V	2	Flat
£3,500	08/25	0 mi	Carrara Tower, Bollinder Place, London EC1V	2	Flat
£5,000	09/25	0 mi	Bollinder Place, Carrara Tower, EC1V	2	Flat
£3,650	08/25	0 mi	Carrara Tower, Bollinder Place, London EC1V	2	Flat
£4,200	10/25	0 mi	Carrara Tower, Bollinder Place, London, EC1V	2	Flat
£5,000	09/25	0 mi	Bollinder Place, Carrara Tower, EC1V	2	Flat
£3,870	10/25	0 mi	Carrara Tower, 1 Bollinder Place, EC1V	2	Flat
£3,450	11/25	0 mi	Carrara Tower, 1 Bollinder Place, London, EC1V	2	Flat
£3,700	11/25	0 mi	Carrara Tower, London, EC1V	2	Flat
£3,400	10/25	0 mi	Carrara Tower, Bollinder Place, EC1V	2	Flat
£3,725	11/25	0 mi	Carrara Tower, London, EC1V	2	Flat
£4,767	11/25	0 mi	Carrara Tower, 250 City Road, EC1V	2	Flat
£4,800	09/25	0 mi	Carrara Tower, 1 Bollinder Place, London, EC1V	2	Flat
£3,900	03/24	0 mi	Siena House, 250 City Road, London, EC1V	2	Flat
£3,800	04/24	0 mi	Carrara Tower, 1 Bollinder Place, EC1V	2	Flat
£4,950	07/25	0 mi	Carrara Tower, Bollinder Place, London, EC1V	2	Flat
£5,000	07/25	0 mi	Carrara Tower, London, EC1V	2	Flat
£3,900	11/25	0 mi	Siena House, 250 City Road, London, EC1V	2	Flat
£3,550	10/25	0 mi	Carrara Tower, Bollinder Place, London, EC1V	2	Flat
£3,500	11/25	0 mi	Bollinder Place, London, EC1V	2	Flat
£4,000	05/25	0 mi	Bollinder Place, London, EC1V	2	Flat
£5,900	05/25	0 mi	Bollinder Place, London, EC1V	2	Flat
£5,000	05/25	0 mi	Bollinder Place, London, EC1V	2	Flat
£3,900	09/25	0 mi	Carrara Tower, 250 City Road, London, EC1V	2	Flat
£4,500	03/24	0 mi	Carrara Tower 1 Bollinder Place LONDON EC1V	2	Flat
£4,250	03/24	0 mi	Carrara Tower 1 Bollinder Place LONDON EC1V	2	Flat
£3,750	03/24	0 mi	Carrara Tower 1 Bollinder Place LONDON EC1V	2	Flat
£4,000	06/25	0 mi	Carrara Tower, 1, Bollinder Place, LONDON, EC1V	2	Flat
£3,400	06/24	0 mi	-	2	Flat
£4,500	04/24	0 mi	-	2	Flat
£4,500	12/24	0 mi	-	2	Flat
£3,890	12/24	0 mi	-	2	Flat
£4,500	12/24	0 mi	-	2	Flat
£4,500	03/25	0 mi	-	2	Flat
£2,900	05/25	0 mi	-	2	Flat
£3,350	07/25	0 mi	-	2	Flat
£3,600	03/24	0 mi	Carrara Tower, London, EC1V	2	Flat

Local Area Statistics

Population in EC1	27,08227,082
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.45 miles away0.45 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-6%-6%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-10%-10%

Property History

Listed for £1,650,000

January 15, 2024

Floor Plans

Description

Two Bedroom +
Two Bathroom +
Concierge +
39th Floor +
Gym, Spa, Pool and Yoga Studio +
Views Of The City +
Triple Aspect +
Close To Old Street and Angel Underground Stations +

Two-bedroom apartment in the highly anticipated 250 City Road development, EC1V. Located the 39th floor of Carrara Tower. The property comprises an open plan kitchen living area, with breath taking views over London, two double bedrooms, one with an en suite and seprate stylish bathroom with stunning views.

Carrara Tower perfectly located for commuting to Old Street, Angel, Shoreditch and Hoxton Square. Incorporating beautiful Wi-Fi enabled landscaped gardens, retail spaces, boutique nhow Hotel and iBasin co-working space. The latest residential phase, Valencia Tower, rises above its surroundings, offering stunning 5-star facilities including, gym, spa, pool, yoga studio and concierge. With everything you need on your doorstep, there is no need to go far to find what you are looking for.

Agent Details

JOHNS&CO, City and Wapping

020 3834 8052

Next Steps?

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

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2 Bed Flat, Single Let, EC1V 2AG £1,650,000

ValuationOvervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents