2 Bed Flat, Single Let, EC1V 1AY, £1,350,000

City Road London EC1V 1AYV - 3 views - 10 months ago

Leasehold
BTL
~119 m²
+12 photos

ValuationOvervalued

Sold Prices£405K - £1.3M
Sold Prices/m²£7.3K/m² - £11.9K/m²

 

 

Square Metres

~119.29 m²
Price/m²£11.3K/m²

Value Estimate

£1,111,418

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£337,500

Stamp Duty & Legal Fees

£117,950

Total Cash In

£455,450

 

 

Cash Out

 

Rent Range

£2,800 - £5,742

Rent Estimate

£3,140

Running Costs/mo

£4,867

Cashflow/mo

£-1,727

Cashflow/yr

£-20,721

Gross Yield

3%

Local Sold Prices

50 sold prices from £405K to £1.3M, average is £519.3K. £7.3K/m² to £11.9K/m², average is £9.2K/m².

PriceDateDistanceAddressBeds 
£420K12/200.14 miFlat 37, Charles Gardner Court, Haberdasher Street, London, Greater London N1 6DS2
£432.5K11/200.16 miFlat 15, Newland Court, Old Street, London, Greater London EC1V 9NS2
£435K06/230.17 miFlat 57, Finn House, Bevenden Street, London, Greater London N1 6BL2
£550K03/210.18 mi126, Haberdasher Street, London, Greater London N1 6EJ2
£450K06/210.19 miFlat 27, Shoreditch House, Charles Square, London, Greater London N1 6HL2
£460K04/210.19 miFlat 37, Shoreditch House, Charles Square, London, Greater London N1 6HL2
£436K04/230.21 mi157, Haberdasher Street, London, Greater London N1 6EH2
£500K01/230.21 mi32, Pitfield Street, London, Greater London N1 6EU2
£415K05/210.26 miFlat 40, Braithwaite House, Bunhill Row, London, Greater London EC1Y 8NE2
£405K10/210.26 miFlat 63, Royal Oak Court, Pitfield Street, London, Greater London N1 6EN2
£460K11/230.26 miFlat 80, Royal Oak Court, Pitfield Street, London, Greater London N1 6EP2
£500K11/200.29 miFlat 11, Fairchild House, Fanshaw Street, London, Greater London N1 6LH2
£425K08/240.29 miWenlock Court, Flat 29, New North Road, London, Greater London N1 7QR2
£427.5K07/220.3 miFlat 17, Victoria Chambers, Luke Street, London, Greater London EC2A 4EE2
£468K12/220.31 miFlat 20, Alford Court, Shepherdess Walk, London, Greater London N1 7JW2
£543K12/220.31 miFlat 18, Burnhill House, Norman Street, London, Greater London EC1V 3PQ2
£430K06/210.31 miFlat 45, Alford Court, Shepherdess Walk, London, Greater London N1 7JW2
£406K04/210.33 miFlat 63, Sylvia Court, Cavendish Street, London, Greater London N1 7PG2
£471K02/210.33 miFlat 84, Shaftesbury Court, Shaftesbury Street, London, Greater London N1 7HN2
£430K03/230.35 miFlat 17, Hathaway House, Myrtle Street, London, Greater London N1 6QE2
£950K01/210.37 mi61a, Rivington Street, London, Greater London EC2A 3QQ2
£527.5K05/230.4 miFlat 6, Shire House, Lambs Passage, London, Greater London EC1Y 8TE2
£506K10/220.4 miFlat 10, Shire House, Lambs Passage, London, Greater London EC1Y 8TE2
£490K06/210.4 miFlat 25, Farriers House, Errol Street, London, Greater London EC1Y 8TB2
£435K04/210.41 miFlat 26, Rahere House, Central Street, London, Greater London EC1V 8DE2
£940K06/210.42 mi190, Dance Square, London, Greater London EC1V 3AN2
£500K01/230.45 miFlat 27, Celia House, Arden Estate, London, Greater London N1 6RB2
£513.5K06/210.45 miFlat 15, Stanley Cohen House, Golden Lane Estate, London, Greater London EC1Y 0RL2
£650K04/230.46 miFlat 41, Basterfield House, Golden Lane Estate, London, Greater London EC1Y 0TR2
£750K03/210.46 miFlat 25, Bayer House, Golden Lane Estate, London, Greater London EC1Y 0RN2
£660K04/220.47 miFlat 27, Bayer House, Golden Lane Estate, London, Greater London EC1Y 0RN2
£850K04/210.48 mi65, Graham Street, London, Greater London N1 8LA2
£663K10/200.48 miFlat 1, Bowater House, Golden Lane Estate, London, Greater London EC1Y 0RJ2
£735K05/220.48 miFlat 47, Hatfield House, Golden Lane Estate, London, Greater London EC1Y 0SU2
£1.3M04/230.52 miFlat 519, Ben Jonson House, Barbican, London, Greater London EC2Y 8NH2
£616K03/210.52 miFlat 204, Crescent House, Golden Lane Estate, London, Greater London EC1Y 0SL2
£445.5K02/230.53 miFlat 40, Geffrye Court, Geffrye Estate, London, Greater London N1 6RX2
£600K03/230.54 miFlat 35, Abingdon House, Boundary Street, London, Greater London E2 7HJ2
£790K03/230.54 miFlat 8, Marlow House, Calvert Avenue, London, Greater London E2 7JL2
£830K03/210.57 miFlat 101, Speed House, Barbican, London, Greater London EC2Y 8AU2
£890K07/230.57 miFlat 65, Speed House, Barbican, London, Greater London EC2Y 8AU2
£995K10/220.57 miFlat 109, Speed House, Barbican, London, Greater London EC2Y 8AU2
£415K02/230.57 miFlat 38, Clinger Court, Hobbs Place Estate, London, Greater London N1 5JA2
£525K11/200.58 mi68, Theseus Walk, London, Greater London N1 8DS2
£560K06/210.58 miFlat 13, Laleham House, Camlet Street, London, Greater London E2 7HE2
£560K07/230.6 miFlat 11, Langdon Court, City Road, London, Greater London EC1V 1LH2
£1.0M11/220.6 miFlat 119, Defoe House, Barbican, London, Greater London EC2Y 8ND2
£900K11/210.6 miFlat 115, Defoe House, Barbican, London, Greater London EC2Y 8ND2
£800K10/210.6 miFlat 21, Defoe House, Barbican, London, Greater London EC2Y 8DN2
£1.3M06/210.61 miFlat 502, Gilbert House, Barbican, London, Greater London EC2Y 8BD2

Local Rents

50 rents from £2.8K/mo to £5.7K/mo, average is £3.7K/mo.

RentDateDistanceAddressBeds 
£3,70003/240 miAtlas Building, London EC1V2
£3,59703/240 miThe Atlas Building, Old Street, Shoreditch EC1V2
£3,79203/240 miAtlas Building, EC1V2
£3,79203/240 miThe Atlas Building, EC12
£5,17803/240 miCity Road London EC1V2
£3,70103/240 miThe Atlas Building, Old Street, London EC1V2
£3,79203/240 miAtlas Building, 145 City Road, EC1V2
£5,41703/240 miCity Road London EC1V2
£5,17804/240 miCity Road London EC1V2
£5,41704/240 miCity Road London EC1V2
£5,74204/240 miCity Road London EC1V2
£3,81305/240 miAtlas Building, EC1V2
£3,55005/240 miAtlas Building, Old Street, N12
£4,00012/240 mi-2
£3,47003/240 mi-2
£5,41704/240 mi-2
£4,00012/240 mi-2
£5,61203/240 miCity Road, Old Street, EC1V 1AZ – 2 Bedrooms Flat2
£4,11703/240 miCity Road, Old Street, EC1V 1AY – 2 Bedrooms Flat2
£5,15703/240 miCity Road, Old Street, EC1V 1AZ – 2 Bedrooms Flat2
£4,07803/240 miCity Road, Old Street, EC1V 1AY – 2 Bedrooms Flat2
£4,98304/240 miCity Road, Old Street, EC1V 1AZ – 2 Bedrooms Flat2
£3,70104/240 mi-2
£3,70004/240 miThe Atlas Building, City Road, London, EC1V2
£3,75003/240 miAtlas Building, City Road, Old Street, London, EC1V2
£4,00003/240.02 miCity Road, London, EC1V2
£3,00004/240.05 mi-2
£2,80006/240.05 mi-2
£3,20003/240.06 miBritannia Building, N12
£3,90005/240.06 miCity Road, Old Street, London, EC1V2
£3,46704/240.07 miEagle Point, London, EC1V2
£3,46705/240.07 mi-2
£3,80003/250.07 mi-2
£3,70003/240.07 miEagle Point, City Road, London, EC1V2
£3,50004/240.07 miEagle Point, City Road, London, EC1V2
£3,60005/240.07 miEagle Point, City Road, London, EC1V2
£3,80005/240.07 miEagle Point, City Road, London EC1V2
£4,25003/240.07 miEagle Point, London, EC1V2
£4,25007/240.07 mi-2
£3,55004/240.07 miEagle Point City Road London EC1V2
£3,70004/240.07 miEagle Point, City Road, London EC1V2
£3,30003/240.07 miCity Road, London, EC1V2
£3,43003/240.07 miEagle Point, EC1V2
£3,10004/240.07 miCity Road, London, EC1V2
£3,50005/240.07 miEagle Point, Hackney, EC1V2
£3,50004/240.07 miCity Road, London, EC1V2
£3,95202/250.07 mi-2
£3,46705/240.07 miEbenezer Street, London, N12
£3,25012/240.07 miEbenezer Street, London, N12
£3,19905/240.07 mi-2

Local Area Statistics

Population in EC1

27,082

Nearest school

0.20 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Buyer's market

Capital growth (5yrs)

-2%

Property History

Listed for £1,350,000

June 17, 2024

Floor Plans

Description

  • Luxury newly built development +
  • 1284 sq ft of living space +
  • Panoramic Southwesterly views +
  • 26th floor +
  • Two balconies +
  • Large reception room +
  • Leisure & spa facilities inc Cinema +
  • Lift +
  • 24 Hr concierge +
  • Ideally located for The City +

Extending towards circa 1300 sq ft of well-proportioned living and entertaining space the apartment offers a stunning Westerly aspect from each bedroom allowing a plethora of natural light throughout.

Located on the 26th floor, the apartment offers a large open plan style reception room with dining space, access to a large balcony and views taking in The City of London and many of its landmark buildings.

A wonderful principal bedroom suite with the same views offers a walk-in dressing area with excellent wardrobe & storage space, access to a large en-suite bathroom, and has sliding doors opening to a good-sized balcony.

A further bedroom, with built-in wardrobes shares access to the 2nd balcony, whilst a family bathroom and good-sized storage cupboard are located off welcoming hallways that benefit from flowing natural light throughout.

Ideally located between Islington, Shoreditch and The City, ‘Atlas’ is a recently built 38 storey luxury development at the heart of a popular & vibrant area, that offers residents 24hr concierge, leisure & spa facilities, and cinema.
Sitting on the doorstep of Tech City, Atlas is wonderfully positioned and offers excellent transport links from Old Street (0.1mi) and Barbican Stations (0.5mi) allowing easy access to local, national & international rail connections.

We understand that cooling / heating is delivered via a communal system for which separate charges apply.

Rent is payable on a monthly basis and you may be required to pay more than a month’s rent in advance, depending on your circumstances. You will be required to pay a 1 week holding deposit following a successful offer. Utility bills, council tax, telephone line and broadband are not included in the rent. As well as paying the rent, you may also be required to make some additional permitted payments. If your tenancy does not qualify as an AST, additional fees may apply. Please visit jll.co.uk/fees for details of fees which may be payable when renting a property. To check broadband and mobile phone coverage please visit Ofcom here ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker

Agent Details

JLL, The City, Central London

020 3909 9890

Next Steps?

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