2 Bed Flat, Single Let, EC1M 5PW £679,000

Clerkenwell Road, London, EC1M 5PWM - 6 views - a year ago

Leasehold

BTL

~68 m²

+3 photos

ValuationUndervalued

Sold Prices	£495K - £6.7M
Sold Prices/m²	£7K/m² - £19.1K/m²

Square Metres	~68.11 m²
Price/m²	£10K/m²
Value Estimate	£717,974£717,974
BMV	6%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£169,750£169,750
Stamp Duty & Legal Fees	£43,020£43,020
Total Cash In	£212,770£212,770

Cash Out
Rent Range	£2,300 - £6,000£2,300 - £6,000
Rent Estimate	£2,492
Running Costs/mo	£2,640£2,640
Cashflow/mo	£-148£-148
Cashflow/yr	£-1,779£-1,779
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £495K to £6.7M, average is £740K. £7K/m² to £19.1K/m², average is £10.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£657.5K	05/25	0 mi	Apartment 303, 9a, Clerkenwell Road, London EC1M 5PW	£10,471	63	2	Flat
£657.5K	05/25	0 mi	Apartment 303, 9a, Clerkenwell Road, London EC1M 5PW	-	-	2	Flat
£798K	07/24	0.02 mi	9b, Apartment 504, Clerkenwell Road, London EC1M 5PY	£11,239	71	2	Flat
£798K	07/24	0.02 mi	Apartment 504, 9b, Clerkenwell Road, London EC1M 5PY	-	-	2	Flat
£735K	05/22	0.08 mi	Flat 47, Hatfield House, Golden Lane Estate, London, Greater London EC1Y 0SU	£10,352	71	2	Flat
£905K	01/25	0.11 mi	15 27, Flat 11, Gee Street, London EC1V 3RD	£9,837	92	2	Flat
£580K	01/25	0.11 mi	35, 110 115 Cathedral Lodge, Aldersgate Street, London EC1A 4JE	-	-	2	Flat
£580K	01/25	0.11 mi	110 115 Cathedral Lodge, 35, Aldersgate Street, London EC1A 4JE	£8,529	68	2	Flat
£6.7M	09/21	0.13 mi	1 Leo House, Leo Yard, London EC1V 4LF	-	-	2	Flat
£6.7M	09/21	0.13 mi	1 Leo House, Leo Yard, London EC1V 4LF	-	-	2	Flat
£650K	04/23	0.13 mi	Flat 41, Basterfield House, Golden Lane Estate, London, Greater London EC1Y 0TR	-	-	2	Flat
£655K	09/24	0.13 mi	Basterfield House, 24, Golden Lane Estate, London EC1Y 0TP	£10,234	64	2	Flat
£655K	09/24	0.13 mi	24, Basterfield House, Golden Lane Estate, London EC1Y 0TP	-	-	2	Flat
£1.1M	04/24	0.14 mi	72, Flat 3, St John Street, London EC1M 4DT	£10,680	103	2	Flat
£660K	04/22	0.14 mi	Flat 27, Bayer House, Golden Lane Estate, London, Greater London EC1Y 0RN	-	-	2	Flat
£745K	05/24	0.15 mi	Bayer House, 3, Golden Lane Estate, London EC1Y 0RN	-	-	2	Flat
£800K	12/24	0.16 mi	5 Cannon Court, Flat 11, Brewhouse Yard, London EC1V 4JQ	£11,940	67	2	Flat
£1.2M	05/24	0.17 mi	28, Flat 3, St John's Lane, London EC1M 4BU	£9,873	118	2	Flat
£860K	08/25	0.17 mi	Flat 8, 93 99 Strategy House, Goswell Road, London EC1V 7EY	-	-	2	Flat
£640K	03/25	0.17 mi	Flat 1, 26, Bastwick Street, London EC1V 3PP	-	-	2	Flat
£702K	11/24	0.17 mi	26, Flat 9, Bastwick Street, London EC1V 3PP	£8,886	79	2	Flat
£670K	07/25	0.17 mi	Flat 7, 26, Bastwick Street, London EC1V 3PP	-	-	2	Flat
£640K	03/25	0.17 mi	Flat 1, 26, Bastwick Street, London EC1V 3PP	£10,159	63	2	Flat
£513.5K	06/21	0.17 mi	Flat 15, Stanley Cohen House, Golden Lane Estate, London, Greater London EC1Y 0RL	-	-	2	Flat
£745K	05/25	0.17 mi	1, Bowater House, Golden Lane Estate, London EC1Y 0RJ	£12,417	60	2	Flat
£745K	05/25	0.17 mi	1, Bowater House, Golden Lane Estate, London EC1Y 0RJ	-	-	2	Flat
£5.3M	06/23	0.18 mi	Third Floor, 43, Charterhouse Square, London, Greater London EC1M 6EW	-	-	2	Flat
£687K	09/24	0.18 mi	10 15 The Cobalt Building, Flat 18, Bridgewater Square, London EC2Y 8AH	£9,676	71	2	Flat
£650K	11/24	0.18 mi	10 15 The Cobalt Building, Flat 51, Bridgewater Square, London EC2Y 8AH	£10,696	61	2	Flat
£635K	03/25	0.18 mi	Flat 32, 10 15 The Cobalt Building, Bridgewater Square, London EC2Y 8AH	£10,583	60	2	Flat
£725K	05/25	0.18 mi	Flat 23, 10 15 The Cobalt Building, Bridgewater Square, London EC2Y 8AH	£9,416	77	2	Flat
£725K	05/25	0.18 mi	Flat 23, 10 15 The Cobalt Building, Bridgewater Square, London EC2Y 8AH	-	-	2	Flat
£635K	03/25	0.18 mi	Flat 32, 10 15 The Cobalt Building, Bridgewater Square, London EC2Y 8AH	-	-	2	Flat
£650K	07/24	0.19 mi	Flat 2, 94, Banner Street, London EC1Y 8JU	£7,831	83	2	Flat
£650K	07/24	0.19 mi	94, Flat 2, Banner Street, London EC1Y 8JU	£7,831	83	2	Flat
£495K	03/25	0.19 mi	82, The Triangle, Compton Street, London EC1V 0AG	-	-	2	Flat
£495K	03/25	0.19 mi	82, The Triangle, Compton Street, London EC1V 0AG	£6,972	71	2	Flat
£940K	06/21	0.21 mi	190, Dance Square, London, Greater London EC1V 3AN	£11,899	79	2	Flat
£1.3M	06/24	0.21 mi	45 47, Flat 11, Clerkenwell Road, London EC1M 5RS	£7,222	180	2	Flat
£830K	02/25	0.21 mi	Flat 9, 45 47, Clerkenwell Road, London EC1M 5RS	£10,506	79	2	Flat
£830K	02/25	0.21 mi	Flat 9, 45 47, Clerkenwell Road, London EC1M 5RS	-	-	2	Flat
£850K	06/24	0.22 mi	4, Flat 303, St John's Place, London EC1M 4NP	£9,140	93	2	Flat
£811.5K	07/24	0.22 mi	Flat 403, 4, St John's Place, London EC1M 4NP	-	-	2	Flat
£811.5K	07/24	0.22 mi	4, Flat 403, St John's Place, London EC1M 4NP	£11,430	71	2	Flat
£1.9M	05/25	0.23 mi	361, Lauderdale Tower, Lauderdale Place, Barbican, London EC2Y 8NA	£19,059	101	2	Flat
£1.9M	05/25	0.23 mi	361, Lauderdale Tower, Lauderdale Place, Barbican, London EC2Y 8NA	-	-	2	Flat
£1.0M	11/22	0.24 mi	Flat 119, Defoe House, Barbican, London, Greater London EC2Y 8ND	-	-	2	Flat
£625K	12/24	0.24 mi	31, Flat 9, Seward Street, London EC1V 3PD	£9,921	63	2	Flat
£780K	06/24	0.24 mi	City Pavilion, 411, Britton Street, London EC1M 5UG	£9,286	84	2	Flat
£850K	08/24	0.24 mi	City Pavilion, 306, Britton Street, London EC1M 5UG	£10,625	80	2	Flat

Local Rents

50 rents from £2.3K/mo to £6K/mo, average is £3.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,000	03/24	0 mi	Clerkenwell Road, London, EC1M	2	Flat
£4,800	10/25	0 mi	Clerkenwell Road, EC1M	2	Flat
£4,900	11/25	0 mi	Clerkenwell Road, EC1M	2	Flat
£3,450	10/25	0.02 mi	Clerkenwell Road, The Barbican, EC1M	2	Flat
£3,000	03/24	0.02 mi	Clerkenwell Road, London, EC1M	2	Flat
£3,650	04/25	0.02 mi	-	2	Flat
£2,750	11/25	0.02 mi	Charterhouse Buildings, London	2	Flat
£2,600	10/25	0.02 mi	Charterhouse Buildings, London	2	Flat
£3,000	06/25	0.02 mi	Clerkenwell Road, Clerkenwell, London, EC1M	2	Flat
£3,000	11/25	0.02 mi	Clerkenwell Road, London, EC1M	2	Flat
£3,250	07/25	0.02 mi	Clerkenwell Road London EC1M	2	Flat
£2,925	04/24	0.02 mi	Clerkenwell Road, EC1M	2	Flat
£2,925	03/24	0.02 mi	9B Clerkenwell Road, London	2	Flat
£3,100	08/25	0.02 mi	-	2	Flat
£3,142	05/24	0.02 mi	Clerkenwell Road, Clerkenwell, Islington, London, EC1M	2	Flat
£3,250	07/25	0.02 mi	Clerkenwell Road, Clerkenwell, Islington, London, EC1M	2	Flat
£3,000	08/25	0.02 mi	Clerkenwell Road, Clerkenwell, London, EC1M	2	Flat
£2,350	08/25	0.02 mi	Charterhouse Buildings, London, EC1M	2	Flat
£3,250	10/25	0.02 mi	Clerkenwell Road, London, EC1M	2	Flat
£6,000	11/25	0.03 mi	-	2	Flat
£2,425	04/24	0.05 mi	Crescent Row,London,EC1Y	2	Flat
£3,315	04/24	0.05 mi	Sycamore Street, Barbican, London, EC1Y	2	Flat
£3,445	09/25	0.05 mi	Sycamore Street, Barbican, London, EC1Y	2	Flat
£3,445	08/25	0.05 mi	Sycamore Street, Clerkenwell, London, EC1Y	2	Flat
£2,300	11/25	0.06 mi	-	2	Flat
£2,750	06/25	0.06 mi	Sycamore Street London EC1Y	2	Flat
£2,800	04/24	0.06 mi	Clerkenwell Road, London, EC1M	2	Flat
£4,300	03/24	0.06 mi	Brand New 2 Bed, Siena House, 250 City Road, London	2	Flat
£4,000	11/25	0.06 mi	Siena House, 250 City Road, London, EC1V	2	Flat
£4,400	07/25	0.06 mi	Siena House, 11 Bollinder Place, 250 City Road, London, EC1V	2	Flat
£4,300	09/25	0.06 mi	Siena House, 11 Bollinder Place, London, EC1V	2	Flat
£4,300	11/25	0.06 mi	Siena House, 11 Bollinder Place, London, EC1V	2	Flat
£4,299	03/24	0.06 mi	Bollinder Place, Old Street, EC1V 2AU – 2 Bedrooms Flat	2	Flat
£3,900	03/24	0.06 mi	Siena House, Bollinder Place, City Road, EC1V	2	Flat
£4,008	04/24	0.06 mi	516 Siena House , 9 Bollinder Place , London	2	Flat
£3,700	03/24	0.06 mi	Valencia Tower, Bollinder Place, London, EC1V	2	Flat
£4,500	04/24	0.06 mi	Valencia Tower, Bollinder Place, London, EC1V	2	Flat
£4,650	03/24	0.06 mi	Apartment , Valencia Tower, Bollinder Place, London	2	Flat
£4,766	09/25	0.06 mi	Apartment , Valencia Tower, Bollinder Place, London	2	Flat
£4,767	09/25	0.06 mi	Apartment , Valencia Tower, Bollinder Place, London	2	Flat
£3,725	10/25	0.06 mi	Valencia Tower, 3 Bollinder Place, London, EC1V	2	Flat
£2,925	03/24	0.06 mi	Odyssey House, 9 Sycamore Street, London, EC1Y	2	Flat
£2,925	03/24	0.07 mi	Odyssey House, 9 Sycamore Street, London, EC1Y	2	Flat
£3,315	04/24	0.07 mi	Odyssey House, 9 Sycamore Street, London, EC1Y	2	Flat
£3,250	09/25	0.07 mi	Odyssey House, 9 Sycamore Street, London, EC1Y	2	Flat
£3,790	03/24	0.07 mi	Sycamore Street, London, EC1Y 0SR, UK	2	Flat
£4,400	11/25	0.07 mi	-	2	Flat
£4,400	11/25	0.07 mi	-	2	Flat
£2,999	10/25	0.07 mi	Crescent House, Golden Lane Estate	2	Flat
£3,400	10/25	0.07 mi	Brewhouse Yard, 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	0.19 miles away0.19 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 £679,000

July 25, 2024

Floor Plans

Description

Two bedrooms +
Two bathrooms +
Third floor +
Wooden flooring +
Close to Farringdon Station +
Daytime porter +
Gated modern development +

Located within the highly popular Charterhouse development, is this well presented two-bedroom apartment.

Set on the third floor at the rear of the development, this apartment has a bright open-plan reception room with a dining area and a newly renovated, fully integrated kitchen. It further comprises two generously proportioned bedrooms with large built-in wardrobes and two bathrooms, one of which is en-suite. Off the entrance hallways are two storage closets, available to hide away larger items helping with everyday life. The whole apartment is presented in immaculate condition.

Charterhouse The Square, is a smart, gated, modern development with a day porter ideally situated to enjoy the numerous restaurants, pubs, and cafés throughout Clerkenwell. Whilst the city, Exmouth Market, and the world-renowned Barbican Centre are all within walking distance. Nearest transport links include, Barbican and Old Street Stations providing access to Hammersmith & City, Circle, Metropolitan, and Northern lines. Farringdon Station is less than 0.5 miles away and offers speedy rail services to Gatwick and Luton airport as well as Cross Rail. A number of bus routes allow easy access to the West End.

Agent Details

Stirling Ackroyd Sales, Clerkenwell

020 3873 0908

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Sold STC

2 Bed Flat, Single Let, London, EC1M 5PN

£720,000

10 months ago • 66 m²

Sold STC

2 Bed Flat, Single Let, London, EC1M 5PN

£650,000

5 months ago • 68 m²

Under Offer

2 Bed Flat, Single Let, London, EC1M 5PW

£640,000

8 months ago • 68 m²

3 Bed Flat, Single Let, London, EC1M 5PF

£1,550,000

6 months ago • 138 m²

2 Bed Flat, Single Let, EC1M 5PW £679,000

ValuationUndervalued

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?

Similar Properties

2 Bed Flat, Single Let, London, EC1M 5PN

2 Bed Flat, Single Let, London, EC1M 5PN

2 Bed Flat, Single Let, London, EC1M 5PW

3 Bed Flat, Single Let, London, EC1M 5PF

Cashflows

Local Sold Prices

Local Rents