2 Bed Flat, Single Let, EC1V 1AJ, £800,000

Chronicle Tower, City Road, London EC1V 1AJV - 1 views - 2 months ago

Leasehold

BTL

ROI: 1%

~68 m²

+7 photos

ValuationOvervalued

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

Square Metres	~68.11 m²
Price/m²	£11.7K/m²
Value Estimate	£711,533£711,533

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£200,000£200,000
Stamp Duty & Legal Fees	£52,700£52,700
Total Cash In	£252,700£252,700

Cash Out
Rent Range	£3,300 - £4,600£3,300 - £4,600
Rent Estimate	£3,467
Running Costs/mo	£3,213£3,213
Cashflow/mo	£254£254
Cashflow/yr	£3,043£3,043
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £370K to £2.0M, average is £555K. £7.2K/m² to £15.4K/m², average is £10.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£850K	04/21	0.08 mi	65, Graham Street, London, Greater London N1 8LA	£8,017	106	2	Flat
£435K	04/21	0.1 mi	Flat 26, Rahere House, Central Street, London, Greater London EC1V 8DE	-	-	2	Flat
£525K	11/20	0.18 mi	68, Theseus Walk, London, Greater London N1 8DS	-	-	2	Flat
£468K	12/22	0.19 mi	Flat 20, Alford Court, Shepherdess Walk, London, Greater London N1 7JW	-	-	2	Flat
£560K	07/23	0.19 mi	Flat 11, Langdon Court, City Road, London, Greater London EC1V 1LH	-	-	2	Flat
£430K	06/21	0.2 mi	Flat 45, Alford Court, Shepherdess Walk, London, Greater London N1 7JW	-	-	2	Flat
£550K	12/20	0.24 mi	33, Elia Street, London, Greater London N1 8DF	£9,483	58	2	Flat
£543K	12/22	0.25 mi	Flat 18, Burnhill House, Norman Street, London, Greater London EC1V 3PQ	-	-	2	Flat
£650K	03/23	0.27 mi	Flat 35, Moorgreen House, Wynyatt Street, London, Greater London EC1V 7JA	-	-	2	Flat
£940K	06/21	0.28 mi	190, Dance Square, London, Greater London EC1V 3AN	£11,899	79	2	Flat
£745K	03/21	0.28 mi	Flat B, 22, Paget Street, London, Greater London EC1V 7PA	£12,016	62	2	Flat
£471K	02/21	0.3 mi	Flat 84, Shaftesbury Court, Shaftesbury Street, London, Greater London N1 7HN	-	-	2	Flat
£795K	02/21	0.31 mi	73b, St Peters Street, London, Greater London N1 8JR	£10,743	74	2	Flat
£1.2M	06/21	0.32 mi	20, Gerrard Road, London, Greater London N1 8AY	-	-	2	Flat
£515K	09/22	0.36 mi	Flat 32, Tunbridge House, St John Street, London, Greater London EC1R 4TT	-	-	2	Flat
£370K	07/23	0.37 mi	Flat 13, Wyclif Court, Wyclif Street, London, Greater London EC1V 0EL	-	-	2	Flat
£515K	11/22	0.38 mi	Flat 52, Tompion House, Percival Street, London, Greater London EC1V 0HX	-	-	2	Flat
£635K	06/21	0.38 mi	49c, St Peters Street, London, Greater London N1 8JP	-	-	2	Flat
£825K	08/22	0.39 mi	23a, Arlington Way, London, Greater London EC1R 1UY	-	-	2	Flat
£406K	04/21	0.4 mi	Flat 63, Sylvia Court, Cavendish Street, London, Greater London N1 7PG	-	-	2	Flat
£432.5K	11/20	0.4 mi	Flat 15, Newland Court, Old Street, London, Greater London EC1V 9NS	-	-	2	Flat
£540K	06/23	0.41 mi	36, Duncan Street, London, Greater London N1 8BW	£7,200	75	2	Flat
£540K	10/22	0.42 mi	Flat 77, Patrick Coman House, Skinner Street, London, Greater London EC1V 4NY	-	-	2	Flat
£600K	09/21	0.42 mi	Flat C, 43, Colebrooke Row, London, Greater London N1 8AF	£11,765	51	2	Flat
£425K	08/24	0.43 mi	Wenlock Court, Flat 29, New North Road, London, Greater London N1 7QR	£7,328	58	2	Flat
£2.0M	05/21	0.44 mi	12, Cruden Street, London, Greater London N1 8NJ	£15,399	128	2	Flat
£730K	07/23	0.46 mi	21a, Sekforde Street, London, Greater London EC1R 0HL	-	-	2	Flat
£420K	12/20	0.47 mi	Flat 37, Charles Gardner Court, Haberdasher Street, London, Greater London N1 6DS	-	-	2	Flat
£435K	06/23	0.47 mi	Flat 57, Finn House, Bevenden Street, London, Greater London N1 6BL	-	-	2	Flat
£735K	05/22	0.47 mi	Flat 47, Hatfield House, Golden Lane Estate, London, Greater London EC1Y 0SU	£10,352	71	2	Flat
£965K	10/22	0.48 mi	15a, Myddelton Square, London, Greater London EC1R 1YE	£12,697	76	2	Flat
£374K	06/22	0.48 mi	Flat 154, Michael Cliffe House, Skinner Street, London, Greater London EC1R 0LN	-	-	2	Flat
£415K	05/21	0.49 mi	Flat 40, Braithwaite House, Bunhill Row, London, Greater London EC1Y 8NE	-	-	2	Flat
£650K	04/23	0.49 mi	Flat 41, Basterfield House, Golden Lane Estate, London, Greater London EC1Y 0TR	-	-	2	Flat
£1.3M	06/21	0.49 mi	10, Coleman Fields, London, Greater London N1 7AG	£11,176	116	2	Flat
£660K	04/22	0.51 mi	Flat 27, Bayer House, Golden Lane Estate, London, Greater London EC1Y 0RN	-	-	2	Flat
£616K	03/21	0.51 mi	Flat 204, Crescent House, Golden Lane Estate, London, Greater London EC1Y 0SL	-	-	2	Flat
£550K	03/21	0.51 mi	126, Haberdasher Street, London, Greater London N1 6EJ	-	-	2	Flat
£750K	03/21	0.52 mi	Flat 25, Bayer House, Golden Lane Estate, London, Greater London EC1Y 0RN	-	-	2	Flat
£526K	12/20	0.52 mi	2, Claremont Close, London, Greater London N1 9LT	£9,393	56	2	Flat
£513.5K	06/21	0.52 mi	Flat 15, Stanley Cohen House, Golden Lane Estate, London, Greater London EC1Y 0RL	-	-	2	Flat
£790K	03/21	0.52 mi	43a, Sekforde Street, London, Greater London EC1R 0HA	-	-	2	Flat
£375K	10/20	0.52 mi	Flat 19, Finn House, Bevenden Street, London, Greater London N1 6BN	-	-	2	Flat
£436K	04/23	0.53 mi	157, Haberdasher Street, London, Greater London N1 6EH	-	-	2	Flat
£1.1M	11/22	0.53 mi	9, Kingsway Place, London, Greater London EC1R 0LU	£8,959	117	2	Flat
£1.0M	04/23	0.53 mi	17, Kingsway Place, London, Greater London EC1R 0LU	£10,541	97	2	Flat
£720K	03/23	0.53 mi	235, New North Road, London, Greater London N1 7AT	-	-	2	Flat
£663K	10/20	0.55 mi	Flat 1, Bowater House, Golden Lane Estate, London, Greater London EC1Y 0RJ	-	-	2	Flat
£490K	06/21	0.56 mi	Flat 25, Farriers House, Errol Street, London, Greater London EC1Y 8TB	-	-	2	Flat
£1.4M	06/21	0.58 mi	24, Claremont Square, London, Greater London N1 9LX	-	-	2	Flat

Local Rents

51 rents from £3.3K/mo to £4.6K/mo, average is £3.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,900	03/24	0 mi	Chronicle Tower, City Road, Angel, London EC1V	2	Flat
£3,700	03/24	0 mi	Chronicle Tower, 261B City Road, London, EC1V	2	Flat
£3,650	04/24	0 mi	Chronicle Tower, City Road, Angel, London, EC1V	2	Flat
£4,550	05/24	0 mi	Chronicle Tower, City Road, EC1V	2	Flat
£3,900	05/24	0 mi	Chronicle Tower, City Road, Angel, London EC1V	2	Flat
£3,683	12/24	0 mi	-	2	Flat
£4,008	05/24	0 mi	Chronicle Tower, London, EC1V	2	Flat
£4,000	05/24	0 mi	-	2	Flat
£4,550	04/24	0 mi	Chronicle Tower, 261B City Road, London, EC1V	2	Flat
£4,000	03/24	0 mi	The Lexicon, London EC1V	2	Flat
£3,800	03/24	0 mi	City Road, London, EC1V	2	Flat
£3,683	03/24	0 mi	Chronicle Tower, 261B City Road, London, EC1V	2	Flat
£3,300	03/24	0 mi	City Road, London, EC1V	2	Flat
£3,683	04/24	0 mi	Chronicle Tower, 261b City Road, London, EC1V	2	Flat
£4,225	03/24	0 mi	Chronicle Tower, 261b City Road, London, EC1V	2	Flat
£4,225	04/24	0 mi	Chronicle Tower, 261b City Road, London, EC1V	2	Flat
£3,896	05/24	0 mi	City Road, London, EC1V	2	Flat
£3,950	04/24	0 mi	Chronicle Tower, EC1V	2	Flat
£3,500	04/24	0.01 mi	Chronicle Tower, EC1V	2	Flat
£3,900	03/24	0.01 mi	Chronicle Tower, 261b City Road, EC1V	2	Flat
£3,467	05/24	0.01 mi	City Road, London, EC1V	2	Flat
£3,600	04/24	0.03 mi	Valencia Tower, London, EC1V	2	Flat
£3,600	06/24	0.03 mi	-	2	Flat
£4,500	03/25	0.04 mi	-	2	Flat
£4,500	03/25	0.04 mi	-	2	Flat
£4,000	03/24	0.04 mi	City Road, Angel Southside, EC1V	2	Flat
£4,400	04/24	0.04 mi	Valencia Tower, 3 Bollinder Place, London, EC1V	2	Flat
£4,300	04/24	0.04 mi	Siena House, 250 City Road, Islington, London, EC1V	2	Flat
£4,600	04/24	0.04 mi	Bollinder Place, London, EC1V	2	Flat
£3,900	03/24	0.04 mi	Siena House, 250 City Road, London, EC1V	2	Flat
£3,800	04/24	0.04 mi	Carrara Tower, 1 Bollinder Place, EC1V	2	Flat
£3,600	03/24	0.04 mi	Bollinder Place, Carrara Tower, EC1V	2	Flat
£3,750	03/24	0.04 mi	Carrara Tower, 1 Bollinder Place, EC1V	2	Flat
£4,333	03/24	0.04 mi	Carrara Tower, 1 Bollinder Place, London EC1V	2	Flat
£4,000	03/24	0.04 mi	Siena House, 250 City Road, EC1V	2	Flat
£4,299	04/24	0.04 mi	Siena House, 250 City Road, EC1V	2	Flat
£4,099	04/24	0.04 mi	Siena House, 250 City Road, EC1V	2	Flat
£3,600	05/24	0.04 mi	Bollinder Place, Carrara Tower, EC1V	2	Flat
£3,850	05/24	0.04 mi	Carrara Tower, Bollinder Place, London EC1V	2	Flat
£4,300	03/24	0.04 mi	Carrara Tower, 1 Bollinder Place, EC1V 2AF, EC1V	2	Flat
£3,799	04/24	0.04 mi	Carrara Tower, Bollinder Place, London, EC1V	2	Flat
£4,500	03/24	0.04 mi	Carrara Tower 1 Bollinder Place LONDON EC1V	2	Flat
£4,250	03/24	0.04 mi	Carrara Tower 1 Bollinder Place LONDON EC1V	2	Flat
£3,750	03/24	0.04 mi	Carrara Tower 1 Bollinder Place LONDON EC1V	2	Flat
£4,200	03/24	0.04 mi	Bollinder Place, London, London	2	Flat
£3,600	03/24	0.04 mi	Carrara Tower, London, EC1V	2	Flat
£3,598	05/24	0.04 mi	Carrara Tower, London, EC1V	2	Flat
£3,400	06/24	0.04 mi	-	2	Flat
£4,500	04/24	0.04 mi	-	2	Flat
£4,500	12/24	0.04 mi	-	2	Flat
£3,890	12/24	0.04 mi	-	2	Flat

Local Area Statistics

Population in EC1	27,08227,082
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.43 miles away0.43 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 £800,000

January 29, 2025

Floor Plans

Description

Fully Furnished +
Shops and amenities nearby +
Concierge 24/7 +
Swimming Pool +
Close to public transport +
En suite +
Underground Parking Space with Separate Negotiation +

Introducing a truly exceptional residence in the heart of the vibrant city, where luxury meets convenience in this meticulously designed 2-bedroom apartment. This fully furnished gem is a testament to sophistication and modern living, boasting a myriad of amenities that cater to your every need.

Upon entering the apartment, you are greeted by a seamless fusion of comfort and style. The meticulously curated interior exudes an air of elegance, with every detail carefully considered to create a harmonious living space. The open-plan layout showcases a spacious living area, ideal for both relaxing and entertaining guests.

The property features two well-appointed bedrooms, each offering a haven of tranquillity. The master bedroom boasts a luxurious en suite, providing a private sanctuary for relaxation and rejuvenation. The second bedroom is equally charming and can easily be transformed into a guest room or a personalised home office.

Residents of this exclusive residence will have access to a range of unparallelled amenities, including a 24/7 concierge service that ensures seamless living. Enjoy the convenience of having shops and amenities right at your doorstep, making every-day errands a breeze. For those seeking a healthy lifestyle, the on-site swimming pool provides the perfect opportunity to stay active and unwind after a long day.

Situated in a prime location, this property offers easy access to public transport, connecting you to the city's finest attractions and amenities. Additionally, the property includes the luxury of an underground parking space, with separate negotiation available for your convenience.

In conclusion, this premium 2-bedroom apartment offers a rare opportunity to experience the pinnacle of urban living. Impeccably designed and thoughtfully crafted, this residence is a true testament to luxury and comfort. Don't miss your chance to own a piece of sophistication in this coveted location—schedule a viewing today and step into a world of refined living.
EPC Rating: B

Agent Details

Austin Homes London, London

020 3909 6474

Next Steps?

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

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