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This property was removed from Dealsourcr.

2 Bed Flat, Single Let, London, EC1N 7SP £500,000

Bourne Estate, Portpool Lane, London, EC1N, EC1N 7SP - 1 views - a year ago
  1. Deal Search
  2. London
  3. WC1
  4. EC1N 7SP
Leasehold
BTL
ROI: 2%
~68 m²

ValuationUndervalued

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Links

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Property History

Price changed to £500,000

June 9, 2025

Listed for £550,000

January 29, 2025

Floor Plans

Description

  • Ideal for buy-to-let investors +
  • Estimated rent of £2,500 or 5.5% yield +
  • Two bedrooms +
  • Low-rise 'Red Brick' ex-local authority +
  • Walking distance to 'The City'

Fantastic transport links +

  • No onward chain +

Located in the Bourne Estate moments from Hatton Garden is this compact two bedroom, two bathroom apartment.

The property comprises a gally kitchen, tiled shower/bathroom, separate lounge/dining space, two double bedrooms, one of which has access to an en-suite shower room. The flat also benefits from sole access to an external storage unit, which whilst not demised to the flat has been used for years without issue.

The Bourne Estate is a well looked after low-rise red-brick ex local authority block and the flat would make an ideal step onto the ladder for a young professional. It should additionally appeal to buy–to–let investors with an expected rent of £2,500, the asking price would produce a 5.5% yield.

Clerkenwell and Farringdon are renowned for Michelin starred restaurants, gastropubs, delicious street markets, and fantastic transport links.

St Paul’s, Smithfield’s, ‘The City’ and its financial district are all within walking distance whilst the West End is only a short bus ride or leisurely stroll away. Farringdon is also going to benefit from dramatic investment into the nearby Smithfield Meat Market where there are plans to develop this beautiful and historic structure into a new ‘Covent Garden styled piazza’ with a mixed-use site which will include the new Museum of London, events space and a series of shops and restaurants.

The nearest transport link is, Farringdon Station, makes getting around London easy. Farringdon offers access to the Elizabeth, Hammersmith and City, and Metropolitan Line, in addition to overground services which provide easy access to Gatwick and Luton Airports.

Agent Details

Stirling Ackroyd Sales, Clerkenwell

020 3873 0908

Next Steps?

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

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