2 Bed Flat, Single Let, EC1V 9AX, £700,000

Vision House, Clerkenwell, EC1V 9AXV - 2 views - 6 months ago

Leasehold
BTL
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£375K - £1.3M
Sold Prices/m²£7.3K/m² - £11.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£10.3K/m²

Value Estimate

£634,599

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£175,000

Stamp Duty & Legal Fees

£44,700

Total Cash In

£219,700

 

 

Cash Out

 

Rent Range

£2,200 - £5,742

Rent Estimate

£2,800

Running Costs/mo

£2,768

Cashflow/mo

£33

Cashflow/yr

£390

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £375K to £1.3M, average is £526.3K. £7.3K/m² to £11.9K/m², average is £9.2K/m².

PriceDateDistanceAddressBeds 
£432.5K11/200.11 miFlat 15, Newland Court, Old Street, London, Greater London EC1V 9NS2
£420K12/200.19 miFlat 37, Charles Gardner Court, Haberdasher Street, London, Greater London N1 6DS2
£415K05/210.22 miFlat 40, Braithwaite House, Bunhill Row, London, Greater London EC1Y 8NE2
£435K06/230.22 miFlat 57, Finn House, Bevenden Street, London, Greater London N1 6BL2
£450K06/210.23 miFlat 27, Shoreditch House, Charles Square, London, Greater London N1 6HL2
£460K04/210.23 miFlat 37, Shoreditch House, Charles Square, London, Greater London N1 6HL2
£550K03/210.23 mi126, Haberdasher Street, London, Greater London N1 6EJ2
£500K01/230.26 mi32, Pitfield Street, London, Greater London N1 6EU2
£436K04/230.26 mi157, Haberdasher Street, London, Greater London N1 6EH2
£543K12/220.26 miFlat 18, Burnhill House, Norman Street, London, Greater London EC1V 3PQ2
£375K10/200.27 miFlat 19, Finn House, Bevenden Street, London, Greater London N1 6BN2
£468K12/220.31 miFlat 20, Alford Court, Shepherdess Walk, London, Greater London N1 7JW2
£427.5K07/220.31 miFlat 17, Victoria Chambers, Luke Street, London, Greater London EC2A 4EE2
£405K10/210.31 miFlat 63, Royal Oak Court, Pitfield Street, London, Greater London N1 6EN2
£460K11/230.31 miFlat 80, Royal Oak Court, Pitfield Street, London, Greater London N1 6EP2
£430K06/210.32 miFlat 45, Alford Court, Shepherdess Walk, London, Greater London N1 7JW2
£425K08/240.33 miWenlock Court, Flat 29, New North Road, London, Greater London N1 7QR2
£500K11/200.34 miFlat 11, Fairchild House, Fanshaw Street, London, Greater London N1 6LH2
£471K02/210.35 miFlat 84, Shaftesbury Court, Shaftesbury Street, London, Greater London N1 7HN2
£406K04/210.36 miFlat 63, Sylvia Court, Cavendish Street, London, Greater London N1 7PG2
£490K06/210.36 miFlat 25, Farriers House, Errol Street, London, Greater London EC1Y 8TB2
£527.5K05/230.36 miFlat 6, Shire House, Lambs Passage, London, Greater London EC1Y 8TE2
£506K10/220.36 miFlat 10, Shire House, Lambs Passage, London, Greater London EC1Y 8TE2
£940K06/210.37 mi190, Dance Square, London, Greater London EC1V 3AN2
£435K04/210.38 miFlat 26, Rahere House, Central Street, London, Greater London EC1V 8DE2
£430K03/230.4 miFlat 17, Hathaway House, Myrtle Street, London, Greater London N1 6QE2
£950K01/210.4 mi61a, Rivington Street, London, Greater London EC2A 3QQ2
£513.5K06/210.4 miFlat 15, Stanley Cohen House, Golden Lane Estate, London, Greater London EC1Y 0RL2
£650K04/230.41 miFlat 41, Basterfield House, Golden Lane Estate, London, Greater London EC1Y 0TR2
£750K03/210.41 miFlat 25, Bayer House, Golden Lane Estate, London, Greater London EC1Y 0RN2
£660K04/220.42 miFlat 27, Bayer House, Golden Lane Estate, London, Greater London EC1Y 0RN2
£735K05/220.43 miFlat 47, Hatfield House, Golden Lane Estate, London, Greater London EC1Y 0SU2
£663K10/200.44 miFlat 1, Bowater House, Golden Lane Estate, London, Greater London EC1Y 0RJ2
£850K04/210.46 mi65, Graham Street, London, Greater London N1 8LA2
£616K03/210.47 miFlat 204, Crescent House, Golden Lane Estate, London, Greater London EC1Y 0SL2
£1.3M04/230.47 miFlat 519, Ben Jonson House, Barbican, London, Greater London EC2Y 8NH2
£500K01/230.49 miFlat 27, Celia House, Arden Estate, London, Greater London N1 6RB2
£830K03/210.53 miFlat 101, Speed House, Barbican, London, Greater London EC2Y 8AU2
£890K07/230.53 miFlat 65, Speed House, Barbican, London, Greater London EC2Y 8AU2
£995K10/220.53 miFlat 109, Speed House, Barbican, London, Greater London EC2Y 8AU2
£1.0M11/220.55 miFlat 119, Defoe House, Barbican, London, Greater London EC2Y 8ND2
£900K11/210.56 miFlat 115, Defoe House, Barbican, London, Greater London EC2Y 8ND2
£800K10/210.56 miFlat 21, Defoe House, Barbican, London, Greater London EC2Y 8DN2
£525K11/200.56 mi68, Theseus Walk, London, Greater London N1 8DS2
£1.3M06/210.57 miFlat 502, Gilbert House, Barbican, London, Greater London EC2Y 8BD2
£560K07/230.57 miFlat 11, Langdon Court, City Road, London, Greater London EC1V 1LH2
£600K03/230.57 miFlat 35, Abingdon House, Boundary Street, London, Greater London E2 7HJ2
£910K12/200.58 miFlat 340, Willoughby House, Barbican, London, Greater London EC2Y 8BL2
£975K02/230.58 miFlat 518, Willoughby House, Barbican, London, Greater London EC2Y 8BN2
£790K03/230.58 miFlat 8, Marlow House, Calvert Avenue, London, Greater London E2 7JL2

Local Rents

50 rents from £2.2K/mo to £5.7K/mo, average is £3.7K/mo.

RentDateDistanceAddressBeds 
£3,00004/240 mi-2
£2,80006/240 mi-2
£2,40012/240.05 mi-2
£2,20003/250.05 mi-2
£3,70004/240.05 miThe Atlas Building, City Road, London, EC1V2
£3,70104/240.05 mi-2
£2,35002/250.05 mi-2
£3,70003/240.05 miAtlas Building, London EC1V2
£3,59703/240.05 miThe Atlas Building, Old Street, Shoreditch EC1V2
£3,79203/240.05 miAtlas Building, EC1V2
£3,79203/240.05 miThe Atlas Building, EC12
£5,17803/240.05 miCity Road London EC1V2
£3,70103/240.05 miThe Atlas Building, Old Street, London EC1V2
£3,79203/240.05 miAtlas Building, 145 City Road, EC1V2
£5,41703/240.05 miCity Road London EC1V2
£5,17804/240.05 miCity Road London EC1V2
£5,41704/240.05 miCity Road London EC1V2
£5,74204/240.05 miCity Road London EC1V2
£3,81305/240.05 miAtlas Building, EC1V2
£3,55005/240.05 miAtlas Building, Old Street, N12
£3,47003/240.05 mi-2
£5,41704/240.05 mi-2
£4,00012/240.05 mi-2
£5,61203/240.05 miCity Road, Old Street, EC1V 1AZ – 2 Bedrooms Flat2
£4,11703/240.05 miCity Road, Old Street, EC1V 1AY – 2 Bedrooms Flat2
£5,15703/240.05 miCity Road, Old Street, EC1V 1AZ – 2 Bedrooms Flat2
£4,07803/240.05 miCity Road, Old Street, EC1V 1AY – 2 Bedrooms Flat2
£4,98304/240.05 miCity Road, Old Street, EC1V 1AZ – 2 Bedrooms Flat2
£4,00012/240.05 mi-2
£3,75003/240.05 miAtlas Building, City Road, Old Street, London, EC1V2
£4,00003/240.06 miCity Road, London, EC1V2
£3,90005/240.06 miCity Road, Old Street, London, EC1V2
£3,30003/240.06 miCity Road, London, EC1V2
£3,43003/240.06 miEagle Point, EC1V2
£3,10004/240.06 miCity Road, London, EC1V2
£3,50005/240.06 miEagle Point, Hackney, 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
£3,50004/240.07 miCity Road, London, EC1V2
£3,20005/240.07 miCity Road, Shoreditch, EC1V2
£3,01203/240.07 miCity Road London EC1V2

Local Area Statistics

Population in EC1

27,082

Nearest school

0.10 miles away

Nearest train station

0.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Buyer's market

Capital growth (5yrs)

-2%

Property History

Listed for £700,000

September 28, 2024

Floor Plans

Description

  • Sold with no onward chain +
  • Private south-facing balcony +
  • Lift access to all floors +
  • Large open-plan living area +
  • Close Old Street Station +
  • Proximity to Angel, Barbican & Shoreditch. +
  • EWS1 certificate available +
  • Secure fob entry system +

This bright and spacious upper-floor, two-bedroom apartment, complete with its own private south-facing balcony, is sold with no onward chain and vacant possession.
Located on the third floor of a modern building just two minutes' walk from Old Street Station, this tastefully finished apartment is tucked away on a quiet side street.

The inviting hallway offers access to all rooms and a useful utility cupboard. The open-plan living space features a modern kitchen with soft-close cabinetry and integrated appliances, including a gas hob. Large double-glazed French doors lead to the private south-facing balcony, offering a sun-drenched aspect and views toward the City.

The family bathroom is elegantly finished with a walk-in shower, vanity sink, and heated towel rail.

Both generously sized bedrooms overlook peaceful Peerless Street, away from City Road's activity. The master bedroom enjoys a fully-tiled ensuite bathroom with contemporary floating sanitary ware, a useful heated towel rail, and mirrored vanity cabinet.

The building has a secure entry system code and fob entry system, a lift to all floors and covered store.  

Positioned between the sought-after districts of Shoreditch and Clerkenwell, this apartment enjoys proximity to fashionable boutiques, world-class restaurants, and vibrant nightlife. With excellent transport links, Old Street Station (Northern Line and National Rail) is just a two-minute walk away, while Liverpool Street and Moorgate stations are within easy reach. The property also benefits from nearby bus routes and Cycle Superhighway route 1.
Offering a lease of over 100 years and low service charges, this is great apartment for a first-time buyer.

Agent Details

Fyfe McDade Limited, Bloomsbury

020 3839 9690

Next Steps?

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