2 Bed Flat, Single Let, EC1V 1AX, £780,000

The Atlas, 145 City Road, London, EC1V 1AXV - 3 views - 3 months ago

Leasehold
BTL
~68 m²
+5 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£11.5K/m²

Value Estimate

£634,599

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£195,000

Stamp Duty & Legal Fees

£51,100

Total Cash In

£246,100

 

 

Cash Out

 

Rent Range

£2,800 - £6,450

Rent Estimate

£3,045

Running Costs/mo

£3,067

Cashflow/mo

£-21

Cashflow/yr

£-258

Gross Yield

5%

Local Sold Prices

50 sold prices from £375K to £1.3M, average is £509.8K. £7.3K/m² to £11.9K/m², average is £9.2K/m².

PriceDateDistanceAddressBeds 
£420K12/200.14 miFlat 37, Charles Gardner Court, Haberdasher Street, London, Greater London N1 6DS2
£432.5K11/200.16 miFlat 15, Newland Court, Old Street, London, Greater London EC1V 9NS2
£435K06/230.18 miFlat 57, Finn House, Bevenden Street, London, Greater London N1 6BL2
£450K06/210.18 miFlat 27, Shoreditch House, Charles Square, London, Greater London N1 6HL2
£460K04/210.18 miFlat 37, Shoreditch House, Charles Square, London, Greater London N1 6HL2
£550K03/210.19 mi126, Haberdasher Street, London, Greater London N1 6EJ2
£500K01/230.21 mi32, Pitfield Street, London, Greater London N1 6EU2
£436K04/230.21 mi157, Haberdasher Street, London, Greater London N1 6EH2
£375K10/200.22 miFlat 19, Finn House, Bevenden Street, London, Greater London N1 6BN2
£415K05/210.25 miFlat 40, Braithwaite House, Bunhill Row, London, Greater London EC1Y 8NE2
£405K10/210.26 miFlat 63, Royal Oak Court, Pitfield Street, London, Greater London N1 6EN2
£460K11/230.26 miFlat 80, Royal Oak Court, Pitfield Street, London, Greater London N1 6EP2
£500K11/200.28 miFlat 11, Fairchild House, Fanshaw Street, London, Greater London N1 6LH2
£427.5K07/220.29 miFlat 17, Victoria Chambers, Luke Street, London, Greater London EC2A 4EE2
£425K08/240.3 miWenlock Court, Flat 29, New North Road, London, Greater London N1 7QR2
£543K12/220.31 miFlat 18, Burnhill House, Norman Street, London, Greater London EC1V 3PQ2
£468K12/220.32 miFlat 20, Alford Court, Shepherdess Walk, London, Greater London N1 7JW2
£430K06/210.32 miFlat 45, Alford Court, Shepherdess Walk, London, Greater London N1 7JW2
£406K04/210.34 miFlat 63, Sylvia Court, Cavendish Street, London, Greater London N1 7PG2
£471K02/210.34 miFlat 84, Shaftesbury Court, Shaftesbury Street, London, Greater London N1 7HN2
£430K03/230.34 miFlat 17, Hathaway House, Myrtle Street, London, Greater London N1 6QE2
£950K01/210.36 mi61a, Rivington Street, London, Greater London EC2A 3QQ2
£527.5K05/230.4 miFlat 6, Shire House, Lambs Passage, London, Greater London EC1Y 8TE2
£506K10/220.4 miFlat 10, Shire House, Lambs Passage, London, Greater London EC1Y 8TE2
£490K06/210.4 miFlat 25, Farriers House, Errol Street, London, Greater London EC1Y 8TB2
£940K06/210.42 mi190, Dance Square, London, Greater London EC1V 3AN2
£435K04/210.42 miFlat 26, Rahere House, Central Street, London, Greater London EC1V 8DE2
£513.5K06/210.45 miFlat 15, Stanley Cohen House, Golden Lane Estate, London, Greater London EC1Y 0RL2
£500K01/230.45 miFlat 27, Celia House, Arden Estate, London, Greater London N1 6RB2
£650K04/230.46 miFlat 41, Basterfield House, Golden Lane Estate, London, Greater London EC1Y 0TR2
£750K03/210.46 miFlat 25, Bayer House, Golden Lane Estate, London, Greater London EC1Y 0RN2
£660K04/220.47 miFlat 27, Bayer House, Golden Lane Estate, London, Greater London EC1Y 0RN2
£663K10/200.48 miFlat 1, Bowater House, Golden Lane Estate, London, Greater London EC1Y 0RJ2
£735K05/220.48 miFlat 47, Hatfield House, Golden Lane Estate, London, Greater London EC1Y 0SU2
£850K04/210.49 mi65, Graham Street, London, Greater London N1 8LA2
£1.3M04/230.51 miFlat 519, Ben Jonson House, Barbican, London, Greater London EC2Y 8NH2
£616K03/210.52 miFlat 204, Crescent House, Golden Lane Estate, London, Greater London EC1Y 0SL2
£600K03/230.53 miFlat 35, Abingdon House, Boundary Street, London, Greater London E2 7HJ2
£445.5K02/230.53 miFlat 40, Geffrye Court, Geffrye Estate, London, Greater London N1 6RX2
£790K03/230.54 miFlat 8, Marlow House, Calvert Avenue, London, Greater London E2 7JL2
£830K03/210.56 miFlat 101, Speed House, Barbican, London, Greater London EC2Y 8AU2
£890K07/230.56 miFlat 65, Speed House, Barbican, London, Greater London EC2Y 8AU2
£995K10/220.56 miFlat 109, Speed House, Barbican, London, Greater London EC2Y 8AU2
£560K06/210.57 miFlat 13, Laleham House, Camlet Street, London, Greater London E2 7HE2
£415K02/230.57 miFlat 38, Clinger Court, Hobbs Place Estate, London, Greater London N1 5JA2
£525K11/200.59 mi68, Theseus Walk, London, Greater London N1 8DS2
£1.0M11/220.6 miFlat 119, Defoe House, Barbican, London, Greater London EC2Y 8ND2
£900K11/210.6 miFlat 115, Defoe House, Barbican, London, Greater London EC2Y 8ND2
£800K10/210.6 miFlat 21, Defoe House, Barbican, London, Greater London EC2Y 8DN2
£560K07/230.6 miFlat 11, Langdon Court, City Road, London, Greater London EC1V 1LH2

Local Rents

50 rents from £2.8K/mo to £6.5K/mo, average is £3.7K/mo.

RentDateDistanceAddressBeds 
£3,70004/240.01 miThe Atlas Building, City Road, London, EC1V2
£3,70104/240.01 mi-2
£5,61203/240.01 miCity Road, Old Street, EC1V 1AZ – 2 Bedrooms Flat2
£4,11703/240.01 miCity Road, Old Street, EC1V 1AY – 2 Bedrooms Flat2
£5,15703/240.01 miCity Road, Old Street, EC1V 1AZ – 2 Bedrooms Flat2
£4,07803/240.01 miCity Road, Old Street, EC1V 1AY – 2 Bedrooms Flat2
£4,98304/240.01 miCity Road, Old Street, EC1V 1AZ – 2 Bedrooms Flat2
£3,47003/240.01 mi-2
£5,41704/240.01 mi-2
£4,00012/240.01 mi-2
£3,55005/240.01 miAtlas Building, Old Street, N12
£4,00012/240.01 mi-2
£3,70003/240.01 miAtlas Building, London EC1V2
£3,59703/240.01 miThe Atlas Building, Old Street, Shoreditch EC1V2
£3,79203/240.01 miAtlas Building, EC1V2
£3,79203/240.01 miThe Atlas Building, EC12
£5,17803/240.01 miCity Road London EC1V2
£3,70103/240.01 miThe Atlas Building, Old Street, London EC1V2
£3,79203/240.01 miAtlas Building, 145 City Road, EC1V2
£5,41703/240.01 miCity Road London EC1V2
£5,17804/240.01 miCity Road London EC1V2
£5,41704/240.01 miCity Road London EC1V2
£5,74204/240.01 miCity Road London EC1V2
£3,81305/240.01 miAtlas Building, EC1V2
£3,75003/240.01 miAtlas Building, City Road, Old Street, London, EC1V2
£4,00003/240.02 miCity Road, London, EC1V2
£3,00004/240.05 mi-2
£2,80006/240.05 mi-2
£3,20005/240.07 miCity Road, Shoreditch, EC1V2
£3,55304/240.07 mi-2
£3,55304/240.07 miImperial Hall, London, EC1V2
£6,45003/240.07 mi-2
£3,01203/240.07 miCity Road London EC1V2
£3,90005/240.07 miCity Road, Old Street, London, EC1V2
£3,20003/240.07 miBritannia Building, N12
£3,46704/240.08 miEagle Point, London, EC1V2
£3,46705/240.08 mi-2
£3,80003/250.08 mi-2
£3,70003/240.08 miEagle Point, City Road, London, EC1V2
£3,50004/240.08 miEagle Point, City Road, London, EC1V2
£3,60005/240.08 miEagle Point, City Road, London, EC1V2
£3,80005/240.08 miEagle Point, City Road, London EC1V2
£4,25003/240.08 miEagle Point, London, EC1V2
£4,25007/240.08 mi-2
£3,55004/240.08 miEagle Point City Road London EC1V2
£3,70004/240.08 miEagle Point, City Road, London EC1V2
£3,30003/240.08 miCity Road, London, EC1V2
£3,43003/240.08 miEagle Point, EC1V2
£3,10004/240.08 miCity Road, London, EC1V2
£3,50005/240.08 miEagle Point, Hackney, EC1V2

Local Area Statistics

Population in EC1

27,082

Nearest school

0.20 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Buyer's market

Capital growth (5yrs)

-2%

Property History

Listed for £780,000

January 13, 2025

Floor Plans

Description

  • 0.1 mile to Old Street Station, 0.6 mile to Shoreditch High Street Station +
  • Fantastic amenities including fully equipped residents’ only gym, lounge, screening room, swimming pool and spa facilities +
  • Interior-designed resident and guest-entrance lobby with 24 hour concierge service +
  • Brilliant views from the tallest residential tower in the Tech City +
  • Fully designed fitted kitchen with Siemens integrated appliances +
  • Please note, images are computer generated and are for indicative purposes only +

The Atlas, EC1V. A bright two bedroom two bathroom apartment on the 1st floor, benefitting from a private balcony.

Description

The Atlas Building has been designed with you in mind. Each apartment has been thoughtfully positioned, providing breath-taking views across London. Outstanding, contemporary interiors have been designed with an eye for detail and luxury living.

The Atlas cuts elegantly into the sky above London’s most fashionable creative and commercial district, on the axis of Shoreditch, Islington, Farringdon and the City. With first-rate amenities and a prestigious Zone 1 address, this is the perfect urban retreat.

The Atlas’ communal spaces have been designed with tranquillity in mind. There’s a residents lounge, as well as a fully equipped gym, relaxing spa centre and swimming pool on the ground floor, all serviced by an attentive 24-hour concierge.

Location

Located in the vibrant intersection of Islington, Shoreditch, Farringdon and the City, The Atlas stands at the heart of London’s most creative neighbourhood.

The Atlas offers unparalleled convenience, situated in Zone 1, right next to Old Street Underground Station.

Enjoy seamless travel to the West End, The City and international airports, making commuting quick, easy and efficient.

Surrounded by a dynamic mix of trendy cafes, eclectic bars, boutique shops and cutting-edge galleries, The Atlas provides the perfect blend of work and play.

Square Footage: 845 sq ft
Leasehold with approximately 989 years remaining.

Additional Info

Service Charge PA (FY24)- £12.30 psf (inc insurance)

Ground Rent - 1 bed £500 PA; 2 bed £600 PA; 3 bed £750 PA
(RPI uplift every 15 years)

Agent Details

Savills New Homes, East London

020 3907 3469

Next Steps?

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