2 Bed Flat, Single Let, EC1V 1AB, £600,000

Oakley Crescent, London, EC1V 1ABV - 7 views - 4 months ago

Leasehold

BTL

~68 m²

+8 photos

ValuationUndervalued

Sold Prices	£370K - £2.0M
Sold Prices/m²	£7.2K/m² - £15.4K/m²

Square Metres	~68.11 m²
Price/m²	£8.8K/m²
Value Estimate	£724,853£724,853
BMV	21%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£150,000£150,000
Stamp Duty & Legal Fees	£36,700£36,700
Total Cash In	£186,700£186,700

Cash Out
Rent Range	£1,950 - £4,500£1,950 - £4,500
Rent Estimate	£2,223
Running Costs/mo	£2,340£2,340
Cashflow/mo	£-117£-117
Cashflow/yr	£-1,399£-1,399
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £370K to £2.0M, average is £590K. £7.2K/m² to £15.4K/m², average is £10.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£560K	07/23	0.03 mi	Flat 11, Langdon Court, City Road, London, Greater London EC1V 1LH	-	-	2	Flat
£525K	11/20	0.06 mi	68, Theseus Walk, London, Greater London N1 8DS	-	-	2	Flat
£550K	12/20	0.08 mi	33, Elia Street, London, Greater London N1 8DF	£9,483	58	2	Flat
£850K	04/21	0.1 mi	65, Graham Street, London, Greater London N1 8LA	£8,017	106	2	Flat
£745K	03/21	0.16 mi	Flat B, 22, Paget Street, London, Greater London EC1V 7PA	£12,016	62	2	Flat
£1.2M	06/21	0.19 mi	20, Gerrard Road, London, Greater London N1 8AY	-	-	2	Flat
£650K	03/23	0.2 mi	Flat 35, Moorgreen House, Wynyatt Street, London, Greater London EC1V 7JA	-	-	2	Flat
£435K	04/21	0.2 mi	Flat 26, Rahere House, Central Street, London, Greater London EC1V 8DE	-	-	2	Flat
£795K	02/21	0.24 mi	73b, St Peters Street, London, Greater London N1 8JR	£10,743	74	2	Flat
£540K	06/23	0.25 mi	36, Duncan Street, London, Greater London N1 8BW	£7,200	75	2	Flat
£825K	08/22	0.25 mi	23a, Arlington Way, London, Greater London EC1R 1UY	-	-	2	Flat
£515K	09/22	0.26 mi	Flat 32, Tunbridge House, St John Street, London, Greater London EC1R 4TT	-	-	2	Flat
£635K	06/21	0.29 mi	49c, St Peters Street, London, Greater London N1 8JP	-	-	2	Flat
£600K	09/21	0.29 mi	Flat C, 43, Colebrooke Row, London, Greater London N1 8AF	£11,765	51	2	Flat
£468K	12/22	0.33 mi	Flat 20, Alford Court, Shepherdess Walk, London, Greater London N1 7JW	-	-	2	Flat
£430K	06/21	0.33 mi	Flat 45, Alford Court, Shepherdess Walk, London, Greater London N1 7JW	-	-	2	Flat
£370K	07/23	0.33 mi	Flat 13, Wyclif Court, Wyclif Street, London, Greater London EC1V 0EL	-	-	2	Flat
£965K	10/22	0.34 mi	15a, Myddelton Square, London, Greater London EC1R 1YE	£12,697	76	2	Flat
£2.0M	05/21	0.35 mi	12, Cruden Street, London, Greater London N1 8NJ	£15,399	128	2	Flat
£526K	12/20	0.36 mi	2, Claremont Close, London, Greater London N1 9LT	£9,393	56	2	Flat
£515K	11/22	0.36 mi	Flat 52, Tompion House, Percival Street, London, Greater London EC1V 0HX	-	-	2	Flat
£540K	10/22	0.37 mi	Flat 77, Patrick Coman House, Skinner Street, London, Greater London EC1V 4NY	-	-	2	Flat
£940K	06/21	0.38 mi	190, Dance Square, London, Greater London EC1V 3AN	£11,899	79	2	Flat
£543K	12/22	0.38 mi	Flat 18, Burnhill House, Norman Street, London, Greater London EC1V 3PQ	-	-	2	Flat
£471K	02/21	0.41 mi	Flat 84, Shaftesbury Court, Shaftesbury Street, London, Greater London N1 7HN	-	-	2	Flat
£1.4M	06/21	0.43 mi	24, Claremont Square, London, Greater London N1 9LX	-	-	2	Flat
£374K	06/22	0.43 mi	Flat 154, Michael Cliffe House, Skinner Street, London, Greater London EC1R 0LN	-	-	2	Flat
£730K	07/23	0.44 mi	21a, Sekforde Street, London, Greater London EC1R 0HL	-	-	2	Flat
£1.0M	09/23	0.48 mi	21b, Theberton Street, London, Greater London N1 0QY	£13,986	74	2	Flat
£1.1M	03/21	0.48 mi	97b, Chapel Market, London, Greater London N1 9EY	£12,184	87	2	Flat
£755K	04/21	0.49 mi	121a, Liverpool Road, London, Greater London N1 0RG	£10,067	75	2	Flat
£1.1M	11/22	0.5 mi	9, Kingsway Place, London, Greater London EC1R 0LU	£8,959	117	2	Flat
£1.0M	04/23	0.5 mi	17, Kingsway Place, London, Greater London EC1R 0LU	£10,541	97	2	Flat
£700K	05/23	0.5 mi	Flat 7, Cloudesley Mansions, Cloudesley Place, London, Greater London N1 0ED	-	-	2	Flat
£482.5K	08/21	0.5 mi	Flat 29, Cloudesley Mansions, Cloudesley Place, London, Greater London N1 0ED	-	-	2	Flat
£1.3M	06/21	0.5 mi	10, Coleman Fields, London, Greater London N1 7AG	£11,176	116	2	Flat
£565K	04/22	0.5 mi	Flat 45, Charles Rowan House, Margery Street, London, Greater London WC1X 0EH	-	-	2	Flat
£712.5K	05/21	0.5 mi	14, Cruikshank Street, London, Greater London WC1X 9HG	£9,628	74	2	Flat
£790K	03/21	0.52 mi	43a, Sekforde Street, London, Greater London EC1R 0HA	-	-	2	Flat
£406K	04/21	0.52 mi	Flat 63, Sylvia Court, Cavendish Street, London, Greater London N1 7PG	-	-	2	Flat
£492K	08/23	0.52 mi	Flat 27, Greenaway House, Fernsbury Street, London, Greater London WC1X 0HZ	-	-	2	Flat
£555K	10/20	0.52 mi	Flat 12, Greenaway House, Fernsbury Street, London, Greater London WC1X 0HZ	-	-	2	Flat
£575K	06/21	0.53 mi	Flat 14, Earlom House, Margery Street, London, Greater London WC1X 0HX	-	-	2	Flat
£580K	07/23	0.55 mi	Flat 45, Bevin Court, Cruikshank Street, London, Greater London WC1X 9HA	-	-	2	Flat
£1.7M	10/23	0.56 mi	35, Great Percy Street, London, Greater London WC1X 9RD	-	-	2	Flat
£432.5K	11/20	0.56 mi	Flat 15, Newland Court, Old Street, London, Greater London EC1V 9NS	-	-	2	Flat
£720K	03/23	0.57 mi	235, New North Road, London, Greater London N1 7AT	-	-	2	Flat
£1.4M	07/23	0.57 mi	8, Prideaux Place, London, Greater London WC1X 9PP	-	-	2	Flat
£425K	08/24	0.57 mi	Wenlock Court, Flat 29, New North Road, London, Greater London N1 7QR	£7,328	58	2	Flat
£560K	02/21	0.57 mi	Flat 16, Spring House, Margery Street, London, Greater London WC1X 0HT	-	-	2	Flat

Local Rents

50 rents from £1.9K/mo to £4.5K/mo, average is £2.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,450	12/24	0.02 mi	Remington Street, London, N1	2	Flat
£2,200	03/25	0.02 mi	-	2	Flat
£3,800	12/24	0.03 mi	-	2	Flat
£2,379	04/24	0.03 mi	Remington Street, London, N1	2	Flat
£2,600	12/24	0.04 mi	-	2	Flat
£3,800	03/24	0.04 mi	Bollinder Place, London, EC1V	2	Flat
£2,620	06/24	0.05 mi	-	2	Flat
£2,750	04/24	0.05 mi	City Road, London, EC1V	2	Flat
£2,145	04/24	0.05 mi	City Road, EC1	2	Flat
£2,800	03/24	0.05 mi	City Road, Angel, EC1V	2	Flat
£1,950	05/24	0.05 mi	City Road, Angel, EC1	2	Flat
£2,350	01/25	0.05 mi	-	2	Flat
£2,300	12/24	0.05 mi	-	2	Flat
£3,700	03/24	0.06 mi	Siena House, 250 City Road, Islington, London	2	Flat
£2,950	05/24	0.07 mi	-	2	Flat
£2,950	05/24	0.07 mi	City Road, London, EC1V	2	Flat
£4,300	04/24	0.07 mi	-	2	Flat
£3,500	05/24	0.07 mi	Graham Street, London, N1	2	Flat
£2,600	03/24	0.07 mi	City Road, Angel, London, EC1V	2	Flat
£2,600	12/24	0.08 mi	Haverstock Place, London, N1	2	Flat
£4,117	12/24	0.08 mi	Graham Street, Islington, London, N1	2	Flat
£2,950	03/24	0.09 mi	City Garden Row, London, N1	2	Flat
£2,550	12/24	0.09 mi	Elia Street, London, N1	2	Flat
£3,700	05/24	0.09 mi	City Garden Row, Islington, London, N1 8DW	2	Flat
£2,708	03/24	0.09 mi	Hall Street, London, EC1V	2	Flat
£2,708	03/24	0.09 mi	Hall Street, London, EC1V	2	Flat
£2,500	03/25	0.09 mi	-	2	Flat
£2,708	03/24	0.1 mi	St Mark's Apartments, 300 City Road, London, EC1V	2	Flat
£2,708	03/24	0.1 mi	St Mark's Apartments, 300 City Road, London, EC1V	2	Flat
£2,600	04/24	0.1 mi	St Mark's Apartments, 300 City Road, London, EC1V	2	Flat
£2,600	05/24	0.1 mi	St Mark's Apartments, 300 City Road, London, EC1V	2	Flat
£2,773	05/24	0.1 mi	St Mark's Apartments, 300 City Road, London, EC1V	2	Flat
£2,687	05/24	0.1 mi	St Mark's Apartments, 300 City Road, London, EC1V	2	Flat
£4,000	05/24	0.1 mi	Crystal Wharf, 36 Graham Street, N1	2	Flat
£2,550	12/24	0.1 mi	-	2	Flat
£2,100	06/24	0.1 mi	-	2	Flat
£3,300	03/24	0.1 mi	Sidney Grove, London, EC1V	2	House
£3,000	05/24	0.11 mi	City Garden Row, Islington, London, N1 8DW	2	Flat
£2,950	12/24	0.11 mi	City Garden Row, Islington, London, N1 8DW	2	Flat
£2,950	12/24	0.11 mi	City Garden Row, Islington, London, N1 8DW	2	Flat
£3,300	03/24	0.12 mi	Sidney Grove, Angel, London, EC1V	2	House
£3,300	04/24	0.12 mi	Sidney Grove, Angel, London, EC1V	2	House
£2,925	12/24	0.12 mi	-	2	Flat
£4,500	04/24	0.13 mi	City Road, Old Street, EC1V	2	Flat
£3,012	03/24	0.13 mi	Hall Street, London, EC1V	2	Flat
£2,925	05/24	0.13 mi	Hall Street, London, EC1V	2	Flat
£3,142	06/24	0.13 mi	-	2	Flat
£2,492	03/24	0.13 mi	Angel, Islington, EC1V	2	Flat
£2,925	03/25	0.14 mi	-	2	Flat
£2,817	04/24	0.14 mi	Goswell Road, 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	0.26 miles away0.26 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+16%+16%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-2%-2%

Property History

Listed for £600,000

December 13, 2024

Floor Plans

Description

Two bedroom / two bathroom +
800 sq ft / 75 sq mtrs +
Two private patio's +
Long leasehold +
Building/communal areas just refurbished +
Fantastic location +

Situated in a highly sought-after location close to Angel Station, this impressive two bedroom, two bathroom apartment is presented in excellent condition and boasts ample living space with neutral décor throughout.

The property benefits from well-proportioned internal accommodation measuring approximately 800 sq ft; it comprises of a generous open plan reception room / kitchen / diner with large sash window providing lots of natural sunlight and direct access into a private patio.

There are two spacious double bedrooms, the master bedroom benefits from a en-suite bath room. The second bedroom again is a large double.

In addition there is a bike storage area at the rear for residents in the building.

Oakley Crescent is a no through road running off City Road. The nearest Underground station can be found at Angel (Northern line). Old Street station (Northern & Mainline services) is also easily accessible via the excellent bus routes running down City Road. Islington's Upper Street with its wide variety of shops, bars and restaurants in a short distance away.

Agent Details

Smart Move, London

020 7870 3298

Next Steps?

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

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