2 Bed Terraced House, Single Let, EC1V 1JT, £1,400,000

City Road, The Arc, 225 City Road, EC1V 1JT - 3 views - 3 months ago

Leasehold

BTL

~68 m²

+14 photos

ValuationOvervalued

Sold Prices	£510K - £3.0M
Sold Prices/m²	£6.1K/m² - £17.1K/m²

Square Metres	~68.11 m²
Price/m²	£20.6K/m²
Value Estimate	£804,460£804,460

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£350,000£350,000
Stamp Duty & Legal Fees	£124,450£124,450
Total Cash In	£474,450£474,450

Cash Out
Rent Range	£2,167 - £5,200£2,167 - £5,200
Rent Estimate	£2,400
Running Costs/mo	£4,875£4,875
Cashflow/mo	£-2,475£-2,475
Cashflow/yr	£-29,700£-29,700
Gross Yield	2%2%

Local Sold Prices

44 sold prices from £510K to £3.0M, average is £1.2M. £6.1K/m² to £17.1K/m², average is £11.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.2M	06/22	0.35 mi	10, Coombs Street, London, Greater London N1 8DJ	-	-	2	Terraced House
£900K	12/20	0.4 mi	6, Waterfront Mews, London, Greater London N1 7FE	£9,109	99	2	Terraced House
£1.4M	10/20	0.41 mi	32, Arlington Avenue, London, Greater London N1 7AY	£11,638	116	2	Semi-Detached House
£1.5M	01/21	0.44 mi	133, Graham Street, London, Greater London N1 8LB	£9,776	156	2	Semi-Detached House
£1.4M	07/23	0.48 mi	15, Allingham Street, London, Greater London N1 8NX	-	-	2	Terraced House
£630.1K	08/23	0.51 mi	1b, Rheidol Terrace, London, Greater London N1 8NT	-	-	2	Terraced House
£1.3M	07/21	0.52 mi	8, Arlington Avenue, London, Greater London N1 7AX	£12,404	104	2	Semi-Detached House
£1.7M	08/23	0.53 mi	13, Rees Street, London, Greater London N1 7AR	£17,146	99	2	Terraced House
£3.0M	06/21	0.54 mi	18, Colebrooke Row, London, Greater London N1 8DB	£11,811	254	2	Terraced House
£700K	12/20	0.55 mi	235, New North Road, London, Greater London N1 7AT	-	-	2	Terraced House
£1.4M	02/23	0.55 mi	5, Coleman Fields, London, Greater London N1 7AG	-	-	2	Terraced House
£1.3M	11/21	0.58 mi	36, Wilton Square, London, Greater London N1 3DW	-	-	2	Terraced House
£1.2M	03/21	0.58 mi	15, Rydon Street, London, Greater London N1 7AL	£13,295	88	2	Semi-Detached House
£890K	12/23	0.58 mi	1, Shrubbery Close, London, Greater London N1 7BZ	£13,906	64	2	Terraced House
£975K	10/23	0.59 mi	59, Baring Street, London, Greater London N1 3DS	£10,833	90	2	Terraced House
£1.5M	03/21	0.59 mi	5, Chantry Street, London, Greater London N1 8NL	£13,318	110	2	Terraced House
£1.2M	02/21	0.6 mi	4, St Paul Street, Islington, London, Greater London N1 7AB	£10,909	110	2	Terraced House
£1.6M	04/24	0.6 mi	14, St Paul Street, Islington, London, Greater London N1 7AB	£14,324	111	2	Terraced House
£1.3M	10/23	0.62 mi	26, Baring Street, London, Greater London N1 3DJ	£14,943	87	2	Terraced House
£1.6M	04/23	0.62 mi	26, Wilton Square, London, Greater London N1 3DL	£13,378	119	2	Terraced House
£1.6M	06/24	0.62 mi	90, Prebend Street, London, Greater London N1 8PR	£13,809	115	2	Terraced House
£710K	12/21	0.66 mi	2, Elliotts Place, London, Greater London N1 8HX	£9,467	75	2	Terraced House
£544.4K	06/21	0.7 mi	37, Popham Road, London, Greater London N1 8SJ	£7,163	76	2	Terraced House
£1.1M	07/22	0.76 mi	2, Ingle Mews, London, Greater London EC1R 1XG	£15,929	68	2	Terraced House
£815K	08/24	0.77 mi	38, De Beauvoir Crescent, London, Greater London N1 5SB	£14,052	58	2	Semi-Detached House
£935K	12/23	0.8 mi	32a, De Beauvoir Road, London, Greater London N1 5SU	£9,257	101	2	Terraced House
£1.2M	04/23	0.82 mi	36, Halton Road, London, Greater London N1 2EU	-	-	2	Terraced House
£670K	03/21	0.85 mi	2, Orchard Mews, London, Greater London N1 5BS	£10,152	66	2	Terraced House
£1.5M	03/21	0.85 mi	26, Ecclesbourne Road, London, Greater London N1 3AE	£13,991	109	2	Terraced House
£1.2M	12/22	0.85 mi	105a, Liverpool Road, London, Greater London N1 0RG	£16,013	78	2	Terraced House
£510K	11/22	0.91 mi	24, Kirton Gardens, London, Greater London E2 7LS	£6,071	84	2	Terraced House
£1.7M	10/22	0.92 mi	4a, Padbury Court, London, Greater London E2 7EH	£11,197	152	2	Terraced House
£1.4M	10/21	0.92 mi	1a, Wellington Row, London, Greater London E2 7BB	£11,910	114	2	Terraced House
£1.5M	10/23	0.93 mi	61, Mortimer Road, London, Greater London N1 5AR	£11,905	126	2	Terraced House
£1.5M	11/22	0.94 mi	55, Mount Pleasant, London, Greater London WC1X 0AY	£10,896	134	2	Terraced House
£1.3M	02/23	0.96 mi	20, Ezra Street, London, Greater London E2 7RH	£14,826	86	2	Terraced House
£875K	08/22	0.97 mi	21, Clarissa Street, London, Greater London E8 4HJ	£11,364	77	2	Terraced House
£980K	09/22	0.97 mi	25, Wellington Row, London, Greater London E2 7BB	£10,889	90	2	Terraced House
£1.1M	04/23	0.99 mi	27, Wellington Row, London, Greater London E2 7BB	£11,313	97	2	Terraced House
£1.0M	04/21	0.99 mi	75, Columbia Road, London, Greater London E2 7RG	-	-	2	Semi-Detached House
£1.6M	03/21	0.99 mi	129, Cloudesley Road, London, Greater London N1 0EN	£14,630	108	2	Terraced House
£1.1M	06/21	0.99 mi	4, Elwin Street, London, Greater London E2 7BU	£12,500	84	2	Terraced House
£835K	11/20	0.99 mi	9, Elwin Street, London, Greater London E2 7BU	£10,060	83	2	Terraced House
£1.1M	05/21	0.99 mi	3, Elwin Street, London, Greater London E2 7BU	-	-	2	Terraced House

Local Rents

52 rents from £2.2K/mo to £5.2K/mo, average is £3.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,995	12/24	0 mi	-	2	Flat
£4,000	05/24	0 mi	The Arc, 225 City Road, EC1V	2	Flat
£4,000	05/24	0.01 mi	The Arc, EC1V	2	Flat
£4,766	05/24	0.02 mi	The Arc, 225 City Road, London, EC1V	2	Flat
£4,300	12/24	0.02 mi	-	2	Flat
£4,550	12/24	0.02 mi	-	2	Flat
£4,550	12/24	0.02 mi	-	2	Flat
£4,500	12/24	0.02 mi	-	2	Flat
£4,345	12/24	0.02 mi	-	2	Flat
£4,345	03/25	0.02 mi	-	2	Flat
£4,345	12/24	0.02 mi	-	2	Flat
£4,345	03/25	0.02 mi	-	2	Flat
£3,500	01/25	0.02 mi	-	2	Flat
£2,950	05/24	0.03 mi	Wellesley Terrace, London, N1	2	Flat
£2,900	05/24	0.03 mi	-	2	Flat
£2,650	05/24	0.03 mi	-	2	Flat
£2,400	12/24	0.03 mi	-	2	Flat
£2,750	03/25	0.03 mi	-	2	Flat
£4,000	05/24	0.03 mi	The Arc, City Road, EC1V	2	Flat
£4,700	05/24	0.04 mi	Nile Street, London, N1	2	Flat
£3,250	05/24	0.05 mi	Shepherdess Place, Shoreditch, London N1	2	Flat
£3,250	03/24	0.05 mi	Shepherdess Place, Shoreditch, London N1	2	Flat
£3,500	05/24	0.05 mi	Shepherdess Place, Shoreditch, London N1	2	Flat
£4,150	12/24	0.05 mi	The Factory, 1 Nile Street, N1	2	Flat
£3,791	12/24	0.05 mi	Nile Street, London, N1	2	Flat
£3,999	05/24	0.05 mi	The Arc, 225 City Road, EC1V	2	Flat
£4,983	05/24	0.06 mi	Underwood Street London N1	2	Flat
£5,200	03/24	0.06 mi	Bath Street, Clerkenwell, London, EC1V	2	Flat
£3,800	04/24	0.06 mi	Vermont House, 250 City Road, London, EC1V	2	Flat
£4,983	12/24	0.07 mi	Underwood Street, Islington, N1 7LY	2	Flat
£2,750	05/24	0.07 mi	Westland Place, London, N1	2	Flat
£2,750	05/24	0.07 mi	Westland Place, London, N1	2	Flat
£2,750	05/24	0.07 mi	Westland Place, London, N1	2	Flat
£2,750	05/24	0.07 mi	Westland Place, London, N1	2	Flat
£2,401	03/24	0.07 mi	City Approach, City Road EC1V	2	Flat
£2,750	05/24	0.07 mi	Westland Place, London, N1	2	Flat
£2,750	12/24	0.08 mi	-	2	Flat
£3,750	05/24	0.08 mi	Lawrence, City Road, Clerkenwell, London, EC1V	2	Flat
£3,200	03/24	0.08 mi	City Road, London	2	Flat
£3,400	04/24	0.08 mi	City Road, City Road	2	Flat
£3,500	04/24	0.08 mi	City Road, Islington	2	Flat
£2,167	03/24	0.08 mi	Lever Street, EC1	2	Flat
£3,600	04/24	0.08 mi	Lawrence House, City Road, Clerkenwell, London, EC1V	2	Flat
£3,466	03/24	0.08 mi	Dingley Place, London, EC1V	2	Flat
£3,200	03/24	0.08 mi	Lawrence House, City Road, Old Street, London, EC1V	2	Flat
£3,400	03/24	0.08 mi	City Road, Islington, London, EC1V	2	Flat
£3,200	03/24	0.08 mi	City Road, Old Street, London, EC1V	2	Flat
£3,600	03/24	0.08 mi	Lawrence House, City Road, Clerkenwell, London, EC1V	2	Flat
£3,400	03/24	0.08 mi	City Road, Islington, London, EC1V	2	Flat
£3,500	03/24	0.08 mi	City Road, Old Street, London, EC1V	2	Flat
£3,500	04/24	0.08 mi	Lawrence House, City Road, Clerkenwell, London, EC1V	2	Flat
£3,500	04/24	0.08 mi	238, City 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	0.29 miles away0.29 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 £1,400,000

January 3, 2025

Floor Plans

Description

17th Floor +
Two Bedroom Apartment +
Expansive Communal Garden +
Two large terraces +
24-Hour Concierge +
Long lease +

This luxurious two-bedroom apartment, located on the 17th floor of The Arc in Shoreditch, offers an exceptional living experience with breathtaking city views. The apartment features two expansive balconies, perfect for enjoying the vibrant surroundings of the area.

The apartment is ideally situated near key transport links, ensuring easy access to the heart of London and beyond.

Located just 0.3 miles from Old Street Station, the apartment offers exceptional connectivity. A vibrant location where Old Street's tech innovation meets Shoreditch's creative energy, just a short walk from Clerkenwell's charming village atmosphere and the historic Square Mile.

Tenure: Leasehold Lease Years Remaining: 994
Service Charge: £9,435 (Yearly)
Annual Ground Rent: £0
Council Tax Band: Not yet available

Agent Details

Frank Harris & Co., City, Barbican & Clerkenwell

020 7600 7000

Next Steps?

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

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