3 Bed Flat, Single Let, EC1R 1UB, £695,000

Joseph Trotter Close, London, EC1R 1UBR - 2 views - 3 months ago

Leasehold

BTL

ROI: 1%

~93 m²

+3 photos

ValuationUndervalued

Sold Prices	£379K - £2.1M
Sold Prices/m²	£7.2K/m² - £15.3K/m²

Square Metres	~93 m²
Price/m²	£7.5K/m²
Value Estimate	£859,855£859,855
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£173,750£173,750
Stamp Duty & Legal Fees	£44,300£44,300
Total Cash In	£218,050£218,050

Cash Out
Rent Range	£2,600 - £5,500£2,600 - £5,500
Rent Estimate	£2,950
Running Costs/mo	£2,782£2,782
Cashflow/mo	£168£168
Cashflow/yr	£2,018£2,018
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £379K to £2.1M, average is £960K. £7.2K/m² to £15.3K/m², average is £9.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£970K	10/22	0.12 mi	45b, Skinner Street, London, Greater London EC1R 0HR	-	-	3	Flat
£660K	04/23	0.17 mi	Flat 32, Grimthorpe House, Percival Street, London, Greater London EC1V 0BS	-	-	3	Flat
£560K	12/22	0.18 mi	Flat 5, Partridge Court, Malta Street, London, Greater London EC1V 0AD	-	-	3	Flat
£980K	06/22	0.21 mi	Basement And Ground Floor Flat, 16, Myddelton Square, London, Greater London EC1R 1YE	-	-	3	Flat
£630K	06/21	0.22 mi	Flat 23, Midway House, Manningford Close, London, Greater London EC1V 7HP	£7,418	85	3	Flat
£585K	11/20	0.22 mi	Flat 4, Tompion House, Percival Street, London, Greater London EC1V 0HU	-	-	3	Flat
£581K	11/22	0.24 mi	Flat 27, Midway House, Manningford Close, London, Greater London EC1V 7HP	-	-	3	Flat
£457.5K	11/20	0.26 mi	Flat 81, Turnpike House, Goswell Road, London, Greater London EC1V 7PD	-	-	3	Flat
£569.3K	03/23	0.32 mi	15, Claremont Close, London, Greater London N1 9LT	-	-	3	Flat
£1.0M	09/23	0.35 mi	20, Cruikshank Street, London, Greater London WC1X 9HF	£11,038	91	3	Flat
£510K	11/22	0.46 mi	Flat 2, Amias House, Central Street, London, Greater London EC1V 8AA	-	-	3	Flat
£745K	06/21	0.46 mi	69a, Chapel Market, London, Greater London N1 9ER	£7,163	104	3	Flat
£810K	12/22	0.48 mi	Flat 18, Redman House, Portpool Lane, London, Greater London EC1N 7UA	-	-	3	Flat
£575K	06/23	0.48 mi	3a, Ampton Street, London, Greater London WC1X 0LT	£8,099	71	3	Flat
£825K	01/21	0.48 mi	9a, Acton Street, London, Greater London WC1X 9LX	-	-	3	Flat
£1.3M	01/23	0.5 mi	Second And Third Floor Premises, 34, Doughty Street, London, Greater London WC1N 2AA	-	-	3	Flat
£1.8M	10/23	0.51 mi	Upper Maisonette, 46, Duncan Terrace, London, Greater London N1 8AL	-	-	3	Flat
£700K	11/21	0.52 mi	Flat 18, Basterfield House, Golden Lane Estate, London, Greater London EC1Y 0TN	-	-	3	Flat
£475K	11/23	0.55 mi	24b, Bromfield Street, London, Greater London N1 0PZ	-	-	3	Flat
£1.0M	02/23	0.58 mi	Flat 30, Spenlow Apartments, Wenlock Road, London, Greater London N1 7GH	-	-	3	Flat
£732K	11/20	0.63 mi	71, Wynford Road, London, Greater London N1 9TY	£9,325	79	3	Flat
£1.6M	05/21	0.63 mi	Flat 271, Lauderdale Tower, Barbican, London, Greater London EC2Y 8BY	-	-	3	Flat
£2.1M	09/21	0.63 mi	Flat 263, Lauderdale Tower, Barbican, London, Greater London EC2Y 8BY	-	-	3	Flat
£1.6M	08/22	0.63 mi	Flat 111, Lauderdale Tower, Barbican, London, Greater London EC2Y 8BY	-	-	3	Flat
£2.0M	09/21	0.63 mi	Flat 233, Lauderdale Tower, Barbican, London, Greater London EC2Y 8BY	-	-	3	Flat
£1.6M	06/23	0.63 mi	Flat 142, Lauderdale Tower, Barbican, London, Greater London EC2Y 8BY	-	-	3	Flat
£750K	07/22	0.64 mi	Flat 25, Quaker Court, Banner Street, London, Greater London EC1Y 8QA	-	-	3	Flat
£585K	06/22	0.64 mi	Flat 58, Quaker Court, Banner Street, London, Greater London EC1Y 8QB	-	-	3	Flat
£880K	09/22	0.67 mi	16a, Orde Hall Street, London, Greater London WC1N 3JW	-	-	3	Flat
£1.5M	07/23	0.67 mi	Flat 5, Defoe House, Barbican, London, Greater London EC2Y 8DN	-	-	3	Flat
£1.5M	06/21	0.67 mi	Flat 302, Shakespeare Tower, Barbican, London, Greater London EC2Y 8NJ	-	-	3	Flat
£1.6M	10/22	0.67 mi	Flat 11, Shakespeare Tower, Barbican, London, Greater London EC2Y 8DR	-	-	3	Flat
£1.6M	02/23	0.67 mi	Flat 362, Shakespeare Tower, Barbican, London, Greater London EC2Y 8NJ	-	-	3	Flat
£1.6M	11/20	0.67 mi	Flat 141, Shakespeare Tower, Barbican, London, Greater London EC2Y 8DR	-	-	3	Flat
£1.3M	04/21	0.67 mi	Flat 41, Shakespeare Tower, Barbican, London, Greater London EC2Y 8DR	-	-	3	Flat
£640K	09/21	0.68 mi	Flat 8, Quaker Court, Banner Street, London, Greater London EC1Y 8QA	-	-	3	Flat
£1.6M	11/20	0.69 mi	824, Frobisher Crescent, London, Greater London EC2Y 8HD	£13,889	117	3	Flat
£475K	09/21	0.71 mi	Flat 19, Linale House, Murray Grove, London, Greater London N1 7QH	-	-	3	Flat
£1.6M	06/21	0.72 mi	Flat 342, Cromwell Tower, Barbican, London, Greater London EC2Y 8NB	-	-	3	Flat
£1.8M	05/23	0.72 mi	Flat 312, Cromwell Tower, Barbican, London, Greater London EC2Y 8NB	-	-	3	Flat
£1.2M	10/22	0.72 mi	Flat 91, Cromwell Tower, Barbican, London, Greater London EC2Y 8DD	-	-	3	Flat
£379K	02/23	0.74 mi	Flat 83, Bletchley Court, Wenlock Street, London, Greater London N1 7NY	-	-	3	Flat
£1.2M	02/21	0.76 mi	25a, Cloudesley Square, London, Greater London N1 0HN	£15,295	78	3	Flat
£950K	04/23	0.77 mi	Flat 185, O'donnell Court, Brunswick Centre, London, Greater London WC1N 1AQ	-	-	3	Flat
£625K	08/22	0.78 mi	Flat 16, Devonshire Court, Boswell Street, London, Greater London WC1N 3PX	-	-	3	Flat
£1.3M	04/21	0.81 mi	Flat 1, Speed House, Barbican, London, Greater London EC2Y 8AT	-	-	3	Flat
£482K	03/23	0.83 mi	Flat 2, Evelyn Court, Evelyn Walk, London, Greater London N1 7PJ	-	-	3	Flat
£490K	11/22	0.84 mi	Flat 12, Queen Alexandra Mansions, Judd Street, London, Greater London WC1H 9DQ	-	-	3	Flat
£1.2M	06/22	0.86 mi	Flat 4, Woburn Court, Bernard Street, London, Greater London WC1N 1LA	-	-	3	Flat
£1.2M	11/20	0.88 mi	Flat 3, Woburn Court, Bernard Street, London, Greater London WC1N 1LA	-	-	3	Flat

Local Rents

51 rents from £2.6K/mo to £5.5K/mo, average is £3.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,250	03/24	0.03 mi	Myddelton Street, London, EC1R	3	Flat
£3,445	04/24	0.03 mi	Myddelton Street, London, EC1R	3	Flat
£4,767	03/24	0.08 mi	New River Head, Rosebery Avenue, Islington, EC1R	3	Flat
£4,767	04/24	0.1 mi	Rosebery Avenue, Angel	3	Flat
£4,767	03/24	0.1 mi	Rosebery Avenue, Clerkenwell	3	Flat
£4,767	03/24	0.12 mi	Rosebery Avenue, London, EC1R	3	Flat
£4,766	03/24	0.12 mi	Rosebery Avenue, London, EC1R	3	Flat
£4,767	03/24	0.12 mi	Rosebery Avenue, London, EC1R	3	Flat
£3,000	12/24	0.14 mi	-	3	Flat
£3,350	04/24	0.15 mi	Exmouth Market, London, EC1R	3	Flat
£2,995	12/24	0.16 mi	-	3	Flat
£3,250	12/24	0.17 mi	Margery Street, London, WC1X	3	Flat
£3,000	04/24	0.17 mi	Margery Street, Clerkenwell, EC1	3	Flat
£3,850	02/24	0.17 mi	-	3	Flat
£4,600	04/24	0.18 mi	Leeds Court, St. John Street, EC1V	3	Flat
£3,250	03/24	0.18 mi	-	3	Flat
£3,402	05/24	0.18 mi	Margery Street, Russell Sq-Clerkenwell WC1X	3	Flat
£3,402	12/24	0.18 mi	Margery Street, Russell Sq-Clerkenwell WC1X	3	Flat
£3,000	10/23	0.18 mi	Grimthorpe House, Percival Street EC1V	3	Flat
£3,750	12/24	0.18 mi	-	3	Flat
£2,950	10/24	0.19 mi	-	3	Flat
£3,033	10/24	0.2 mi	Margery Street, London, WC1X	3	Flat
£3,500	12/24	0.22 mi	-	3	Flat
£3,727	03/25	0.22 mi	-	3	Terraced House
£3,727	03/25	0.22 mi	-	3	Terraced House
£5,000	01/25	0.22 mi	-	3	Terraced House
£2,700	03/25	0.22 mi	-	3	Flat
£3,500	04/25	0.22 mi	-	3	Flat
£4,950	01/25	0.23 mi	-	3	Flat
£4,950	02/25	0.23 mi	-	3	Flat
£2,600	03/24	0.24 mi	Goswell Road, London, EC1V	3	Flat
£2,600	04/24	0.25 mi	Goswell Road, London, EC1V	3	Flat
£3,000	04/24	0.25 mi	Attneave Street, London, WC1X	3	Terraced House
£3,000	03/24	0.26 mi	Harold Laski House, Percival Street, London	3	Flat
£3,200	04/24	0.26 mi	Turnpike House, Goswell Road, London, EC1V	3	Flat
£3,000	03/24	0.27 mi	Peregrine House, Hall Street, EC1V	3	Flat
£2,950	12/24	0.29 mi	-	3	Flat
£2,950	03/25	0.29 mi	-	3	Flat
£3,250	04/24	0.29 mi	Wakley Street, Islington, EC1V	3	Flat
£5,200	05/24	0.29 mi	St Johns Square, Clerkenwell, EC1V	3	Flat
£3,200	03/24	0.29 mi	Wakley Street, London	3	Flat
£5,500	03/24	0.3 mi	Dickinson Court, 15 Brewhouse Yard, EC1V	3	Flat
£2,925	03/24	0.3 mi	Hall Street, Clerkenwell - Angel EC1V	3	Flat
£5,200	03/24	0.31 mi	St. John's Square, London, EC1V	3	Flat
£5,178	10/24	0.31 mi	Paragon Square, London, WC1X	3	Flat
£3,500	02/24	0.31 mi	-	3	Flat
£4,500	12/24	0.32 mi	Clerkenwell Road, EC1M	3	Flat
£3,795	12/24	0.33 mi	-	3	Flat
£5,178	10/24	0.33 mi	Paragon Square, London, WC1X	3	Flat
£4,500	10/24	0.33 mi	Paragon Square, London, WC1X	3	Flat
£4,999	10/24	0.33 mi	Paragon Square, London, WC1X	3	Flat

Local Area Statistics

Population in EC1	27,08227,082
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.39 miles away0.39 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 £695,000

January 24, 2025

Floor Plans

Description

A large three bedroom, first floor flat just off Exmouth. The property is offered with a long lease and no onward chain.

Joseph Trotter House is a sought after, purpose built residential building and is perfectly located for Clerkenwell's varied range of trendy bars and restaurants. Exmouth Market is close by and Waitrose supermarket is just a short walk away.

The location offers easy access to all the amenities of Upper Street and trendy spots. Angel, Barbican, Old Street, Farringdon and Kings Cross Stations are all easily accessed.

Leasehold: Approx. 983 years remaining
Service Charge: Approx. £864 per annum
Ground Rent: Approx. £10 per annum
Council Tax Band: Islington, E

Agent Details

Winkworth, Clerkenwell

020 3835 6375

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

2 Bed Flat, Single Let, EC1R 0BP

£1,100,000

1 views • 2 months ago • 96 m²

2 Bed Flat, Single Let, EC1R 0LN

£550,000

7 months ago • 59 m²

2 Bed Flat, Single Let, EC1R 4UP

£750,000

2 views • 10 months ago • 68 m²

2 Bed Flat, Single Let, EC1R 4UL