2 Bed Flat, Single Let, EC1N 8JJ £1,368,000

Hatton Wall, London, EC1N 8JJN - 11 views - a year ago

BTL

~68 m²

ValuationOvervalued

Sold Prices	£400K - £1.4M
Sold Prices/m²	£6.7K/m² - £23.4K/m²

Square Metres	~68.11 m²
Price/m²	£20.1K/m²
Value Estimate	£699,293£699,293

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£342,000£342,000
Stamp Duty & Legal Fees	£120,290£120,290
Total Cash In	£462,290£462,290

Cash Out
Rent Range	£634 - £5,500£634 - £5,500
Rent Estimate	£2,392
Running Costs/mo	£4,773£4,773
Cashflow/mo	£-2,381£-2,381
Cashflow/yr	£-28,577£-28,577
Gross Yield	2%2%

Local Sold Prices

50 sold prices from £400K to £1.4M, average is £700K. £6.7K/m² to £23.4K/m², average is £10.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£520K	08/24	0.02 mi	Langdon House, Flat 28, Leather Lane, London EC1N 7TN	£7,761	67	2	Flat
£520K	08/24	0.02 mi	Flat 28, Langdon House, Leather Lane, London EC1N 7TN	-	-	2	Flat
£700K	07/24	0.02 mi	6, 18 Black Bull Court, Hatton Wall, London EC1N 8JH	£9,091	77	2	Flat
£700K	07/24	0.02 mi	6, 18 Black Bull Court, Hatton Wall, London EC1N 8JH	-	-	2	Flat
£725K	11/24	0.05 mi	Flat 1, 50, Hatton Garden, London EC1N 8YS	£9,416	77	2	Flat
£725K	11/24	0.05 mi	Flat 1, 50, Hatton Garden, London EC1N 8YS	-	-	2	Flat
£490K	12/21	0.05 mi	Flat 25, Redman House, Portpool Lane, London, Greater London EC1N 7UA	-	-	2	Flat
£765K	12/24	0.06 mi	34 Sweeps Building, Flat 8, Leather Lane, London EC1N 7SQ	£10,625	72	2	Flat
£765K	12/24	0.06 mi	Flat 8, 34 Sweeps Building, Leather Lane, London EC1N 7SQ	-	-	2	Flat
£535K	02/25	0.06 mi	Flat 6, 39 41, Leather Lane, London EC1N 7TJ	£11,383	47	2	Flat
£535K	02/25	0.06 mi	Flat 6, 39 41, Leather Lane, London EC1N 7TJ	-	-	2	Flat
£790K	03/24	0.07 mi	Equiano Court, Flat 39, Baldwin's Gardens, London EC1N 7AE	£10,972	72	2	Flat
£790K	03/24	0.07 mi	Flat 39, Equiano Court, Baldwin's Gardens, London EC1N 7AE	-	-	2	Flat
£675K	05/25	0.08 mi	Flat 4, 14 Munro House, St Cross Street, London EC1N 8UN	£8,232	82	2	Flat
£675K	05/25	0.08 mi	Flat 4, 14 Munro House, St Cross Street, London EC1N 8UN	-	-	2	Flat
£550K	11/23	0.09 mi	Radcliffe House, Flat 40, Portpool Lane, London EC1N 7SN	-	-	2	Flat
£870K	03/25	0.09 mi	8, Laystall Street, London EC1R 4PA	£23,387	37	2	Flat
£870K	03/25	0.09 mi	8, Laystall Street, London EC1R 4PA	-	-	2	Flat
£580K	05/24	0.1 mi	Skipwith House, Flat 23, Portpool Lane, London EC1N 7UH	-	-	2	Flat
£580K	05/24	0.1 mi	Flat 23, Skipwith House, Portpool Lane, London EC1N 7UH	-	-	2	Flat
£618K	02/24	0.1 mi	55 59 Alan House, Flat 6, Saffron Hill, London EC1N 8QX	-	-	2	Flat
£618K	02/24	0.1 mi	Flat 6, 55 59 Alan House, Saffron Hill, London EC1N 8QX	-	-	2	Flat
£420K	02/22	0.12 mi	Flat 3, Cranley Buildings, Brookes Market, London, Greater London EC1N 7SY	-	-	2	Flat
£405K	12/24	0.12 mi	Flat 15, Cavendish Mansions, Clerkenwell Road, London EC1R 5DQ	-	-	2	Flat
£405K	12/24	0.12 mi	Flat 15, Cavendish Mansions, Clerkenwell Road, London EC1R 5DQ	£12,273	33	2	Flat
£405K	12/24	0.12 mi	Cavendish Mansions, Flat 15, Clerkenwell Road, London EC1R 5DQ	£12,273	33	2	Flat
£897.5K	09/24	0.15 mi	24, Flat 3, Warner Street, London EC1R 5EX	£9,972	90	2	Flat
£1.3M	01/25	0.15 mi	Flat 11, 24, Warner Street, London EC1R 5EX	£14,382	89	2	Flat
£1.3M	01/25	0.15 mi	Flat 11, 24, Warner Street, London EC1R 5EX	-	-	2	Flat
£400K	09/24	0.18 mi	Flat 8, Laystall Court, Mount Pleasant, London WC1X 0AH	-	-	2	Flat
£400K	09/24	0.18 mi	Laystall Court, Flat 8, Mount Pleasant, London, Greater London WC1X 0AH	£6,667	60	2	Flat
£558K	04/24	0.19 mi	101 Jeygrove Court, Flat 8, Hatton Garden, London EC1N 8LB	£7,750	72	2	Flat
£530K	03/25	0.19 mi	Flat 4, 101 Jeygrove Court, Hatton Garden, London EC1N 8LB	£10,816	49	2	Flat
£530K	03/25	0.19 mi	Flat 4, 101 Jeygrove Court, Hatton Garden, London EC1N 8LB	-	-	2	Flat
£558K	04/24	0.19 mi	Flat 8, 101 Jeygrove Court, Hatton Garden, London EC1N 8LB	-	-	2	Flat
£750K	03/25	0.2 mi	Flat 1, 18 19, Bowling Green Lane, London EC1R 0BD	-	-	2	Flat
£750K	03/25	0.2 mi	Flat 1, 18 19, Bowling Green Lane, London EC1R 0BD	-	-	2	Flat
£1.1M	10/24	0.2 mi	Flat 8, 51 53 Grays Court, Gray's Inn Road, London WC1X 8PP	£10,577	104	2	Flat
£1.1M	10/24	0.2 mi	51 53 Grays Court, Flat 8, Gray's Inn Road, London WC1X 8PP	£10,577	104	2	Flat
£1.1M	10/24	0.2 mi	Flat 8, 51 53 Grays Court, Gray's Inn Road, London WC1X 8PP	-	-	2	Flat
£607.5K	09/21	0.2 mi	15, Rosebery Court, London, Greater London EC1R 5HP	-	-	2	Flat
£560K	08/23	0.2 mi	6, Rosebery Court, London, Greater London EC1R 5HP	£10,182	55	2	Flat
£1.4M	08/24	0.21 mi	1, Flat 35, Britton Street, London EC1M 5NW	£10,821	134	2	Flat
£1.4M	08/24	0.21 mi	Flat 35, 1, Britton Street, London EC1M 5NW	-	-	2	Flat
£920K	04/24	0.21 mi	28, Flat 11, Saffron Hill, London EC1N 8FA	£10,575	87	2	Flat
£920K	04/24	0.21 mi	Flat 11, 28, Saffron Hill, London EC1N 8FA	-	-	2	Flat
£1.3M	06/24	0.21 mi	Truro House, Flat 20, Mount Pleasant, London WC1X 0BU	-	-	2	Flat
£706.4K	12/24	0.21 mi	Flat 38, 170 Dulverton Mansions, Gray's Inn Road, London WC1X 8EL	£11,581	61	2	Flat
£706.4K	12/24	0.21 mi	Flat 38, 170 Dulverton Mansions, Gray's Inn Road, London WC1X 8EL	-	-	2	Flat
£915K	12/21	0.22 mi	7, Flat 510, High Holborn, London WC1V 6DR	£12,708	72	2	Flat

Local Rents

50 rents from £634/mo to £5.5K/mo, average is £3.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,250	04/24	0 mi	Hatton Wall, Clerkenwell, London, EC1N	2	Flat
£2,817	06/25	0 mi	Flat 7, 78 Leather Lane	2	Flat
£4,996	08/25	0 mi	Flat 12, 78 Leather Lane	2	Flat
£634	07/25	0 mi	Flat 2, 78 Leather Lane	2	Flat
£2,925	08/25	0 mi	Flat 5, 78 Leather Lane	2	Flat
£2,990	12/24	0.01 mi	-	2	Flat
£3,000	10/25	0.01 mi	Hatton Wall, Farringdon, London, EC1N	2	Flat
£3,250	06/25	0.02 mi	Hatton Wall, London, EC1N	2	Flat
£4,000	03/24	0.02 mi	Hatton Wall, EC1N	2	Flat
£4,500	03/24	0.02 mi	Hatton Wall London EC1N	2	Flat
£4,000	04/24	0.02 mi	Hatton Wall London EC1N	2	Flat
£3,033	08/25	0.02 mi	Reids Building, Leather Lane, London, EC1N	2	Flat
£3,100	09/25	0.02 mi	-	2	Flat
£3,100	09/25	0.02 mi	Black Bull Court, London, EC1N	2	Flat
£4,000	04/24	0.03 mi	Hatton Wall, London, EC1N	2	Flat
£4,000	07/25	0.03 mi	Hatton Wall, London, EC1N	2	Flat
£2,850	04/24	0.03 mi	-	2	Flat
£3,000	02/25	0.03 mi	-	2	Flat
£3,000	11/25	0.03 mi	-	2	Flat
£2,800	10/25	0.03 mi	Leather Lane, London, EC1N	2	Flat
£3,000	05/24	0.04 mi	Hatton Garden, London, EC1N	2	Flat
£3,000	05/24	0.04 mi	Hatton Garden, Farringdon	2	Flat
£2,900	06/25	0.04 mi	Leather Lane, London, EC1N	2	Flat
£2,900	07/25	0.04 mi	-	2	Flat
£4,000	08/25	0.05 mi	Hatton Garden, Clerkenwell, London, EC1N	2	Flat
£4,000	10/25	0.05 mi	Hatton Garden, Clerkenwell, London, EC1N	2	Flat
£4,000	09/25	0.05 mi	Hatton Garden, Clerkenwell, London, EC1N	2	Flat
£2,900	06/25	0.05 mi	Hatton Garden, Clerkenwell, London	2	Flat
£2,900	07/25	0.05 mi	Hatton Garden, Holborn, London	2	Flat
£3,600	11/25	0.05 mi	Sienna Buildings, 47 Hatton Garden, London, EC1N	2	Flat
£3,500	11/25	0.05 mi	Sienna Buildings, 47 Hatton Garden, London, EC1N	2	Flat
£3,000	03/24	0.05 mi	Hatton Garden, Farringdon	2	Flat
£3,467	05/24	0.05 mi	Hatton Garden, London, EC1N	2	Flat
£3,445	09/25	0.05 mi	Hatton Garden, London, EC1N	2	Flat
£3,100	07/25	0.06 mi	Hatton Garden, Farringdon	2	Flat
£3,750	04/24	0.06 mi	-	2	Flat
£3,750	03/24	0.06 mi	Kinetic House, London, EC1N	2	Flat
£2,900	05/25	0.06 mi	Scope House, London, EC1N	2	Flat
£3,000	08/25	0.06 mi	Portpool Lane, Clerkenwell, London, EC1N	2	Flat
£2,900	06/25	0.06 mi	-	2	Flat
£3,500	07/25	0.06 mi	Hatton Place, Clerkenwell, EC1N	2	Flat
£3,500	05/25	0.07 mi	Hatton Place, Farringdon	2	Flat
£3,012	05/24	0.07 mi	Frewell House, Clerkenwell, London, EC1N	2	Flat
£3,000	09/25	0.07 mi	Frewell House, Clerkenwell, London, EC1N	2	Flat
£3,900	06/25	0.07 mi	Equiano Court, Baldwins Gardens, London, EC1N 7AE	2	Flat
£4,350	07/25	0.07 mi	Hatton Wall, London, EC1N	2	Flat
£3,300	09/25	0.07 mi	Baldwins Gardens, Farringdon, London, EC1N	2	Flat
£5,000	03/24	0.08 mi	60 66 Saffron Hill Clerkenwell EC1N	2	Flat
£5,000	04/24	0.08 mi	60 66 Saffron Hill Clerkenwell EC1N	2	Flat
£5,500	04/24	0.08 mi	Summers Street, Clerkenwell, London, EC1R	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 £1,368,000

October 22, 2024

Floor Plans

Description

Underfloor heating +
Centrally Located +
An Impressive 1399 square feet +
High Ceilings +

The Property:

This modern 2 bedroom, 2.5 bathroom flat is a haven of boundless possibilities, located on the first floor of a purpose-built block with lift access.

Step inside and be greeted by the expansive open-plan living/dining area, bathed in natural light streaming through generous windows. The sleek black cabinetry and striking central island in the fully-equipped kitchen create a space that's both sophisticated and inviting.

Two generously sized bedrooms offer a comforting retreat, each boasting a sophisticated en-suite bathroom and ample storage. A further W/C in the main hallway adds convenience for guests.

Impeccably finished throughout, this stunning flat seamlessly marries modern aesthetics with homely comfort. Every detail has been carefully considered, creating an inviting and stylish atmosphere that's perfect for discerning urban dwellers. This property has been finished to an immaculate standard and is just stunning.

Viewings are highly recommended, perfect for a couple or professional sharers looking for an excellent property in a fabulous location.

Local Area:

This property is located in the heart of London's jewellery quarter - Hatton Garden. This stunning location is home to a plethora of amenities from restaurants, bars and shopping, along with this there are numerous transport links a short walk away (Farringdon, Chancery Lane, Holborn).

Agent Details

Air Blue Lets, London

020 4538 5908

Next Steps?

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

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