3 Bed Flat, Single Let, EC1V 9ES, £500,000

Bath Street, London, EC1V 9ESV - a month ago

Sold STC

Leasehold

BTL

ROI: 2%

~82 m²

+5 photos

ValuationUndervalued

Sold Prices	£379K - £2.1M
Sold Prices/m²	£5.4K/m² - £13.9K/m²

Square Metres	~82.30 m²
Price/m²	£6.1K/m²
Value Estimate	£546,732£546,732
BMV	9%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£125,000£125,000
Stamp Duty & Legal Fees	£38,700£38,700
Total Cash In	£163,700£163,700

Cash Out
Rent Range	£1,550 - £7,790£1,550 - £7,790
Rent Estimate	£2,250
Running Costs/mo	£2,033£2,033
Cashflow/mo	£218£218
Cashflow/yr	£2,610£2,610
ROI	2%2%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £379K to £2.1M, average is £635K. £5.4K/m² to £13.9K/m², average is £6.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£640K	09/21	0.11 mi	Flat 8, Quaker Court, Banner Street, London, Greater London EC1Y 8QA	-	-	3	Flat
£585K	06/22	0.14 mi	Flat 58, Quaker Court, Banner Street, London, Greater London EC1Y 8QB	-	-	3	Flat
£750K	07/22	0.14 mi	Flat 25, Quaker Court, Banner Street, London, Greater London EC1Y 8QA	-	-	3	Flat
£510K	11/22	0.24 mi	Flat 2, Amias House, Central Street, London, Greater London EC1V 8AA	-	-	3	Flat
£700K	11/21	0.31 mi	Flat 18, Basterfield House, Golden Lane Estate, London, Greater London EC1Y 0TN	-	-	3	Flat
£1.0M	02/23	0.33 mi	Flat 30, Spenlow Apartments, Wenlock Road, London, Greater London N1 7GH	-	-	3	Flat
£475K	09/21	0.34 mi	Flat 19, Linale House, Murray Grove, London, Greater London N1 7QH	-	-	3	Flat
£410K	03/21	0.36 mi	Flat 31, Finn House, Bevenden Street, London, Greater London N1 6BN	-	-	3	Flat
£379K	02/23	0.38 mi	Flat 83, Bletchley Court, Wenlock Street, London, Greater London N1 7NY	-	-	3	Flat
£1.2M	10/22	0.38 mi	Flat 91, Cromwell Tower, Barbican, London, Greater London EC2Y 8DD	-	-	3	Flat
£1.6M	06/21	0.39 mi	Flat 342, Cromwell Tower, Barbican, London, Greater London EC2Y 8NB	-	-	3	Flat
£1.8M	05/23	0.39 mi	Flat 312, Cromwell Tower, Barbican, London, Greater London EC2Y 8NB	-	-	3	Flat
£1.6M	11/20	0.4 mi	824, Frobisher Crescent, London, Greater London EC2Y 8HD	£13,889	117	3	Flat
£457.5K	11/20	0.41 mi	Flat 81, Turnpike House, Goswell Road, London, Greater London EC1V 7PD	-	-	3	Flat
£482K	03/23	0.42 mi	Flat 2, Evelyn Court, Evelyn Walk, London, Greater London N1 7PJ	-	-	3	Flat
£1.5M	06/21	0.44 mi	Flat 302, Shakespeare Tower, Barbican, London, Greater London EC2Y 8NJ	-	-	3	Flat
£1.6M	10/22	0.44 mi	Flat 11, Shakespeare Tower, Barbican, London, Greater London EC2Y 8DR	-	-	3	Flat
£1.6M	02/23	0.44 mi	Flat 362, Shakespeare Tower, Barbican, London, Greater London EC2Y 8NJ	-	-	3	Flat
£1.6M	11/20	0.44 mi	Flat 141, Shakespeare Tower, Barbican, London, Greater London EC2Y 8DR	-	-	3	Flat
£1.3M	04/21	0.44 mi	Flat 41, Shakespeare Tower, Barbican, London, Greater London EC2Y 8DR	-	-	3	Flat
£1.3M	04/21	0.45 mi	Flat 1, Speed House, Barbican, London, Greater London EC2Y 8AT	-	-	3	Flat
£585K	11/20	0.45 mi	Flat 4, Tompion House, Percival Street, London, Greater London EC1V 0HU	-	-	3	Flat
£1.5M	07/23	0.46 mi	Flat 5, Defoe House, Barbican, London, Greater London EC2Y 8DN	-	-	3	Flat
£1.6M	05/21	0.5 mi	Flat 271, Lauderdale Tower, Barbican, London, Greater London EC2Y 8BY	-	-	3	Flat
£2.1M	09/21	0.5 mi	Flat 263, Lauderdale Tower, Barbican, London, Greater London EC2Y 8BY	-	-	3	Flat
£1.6M	08/22	0.5 mi	Flat 111, Lauderdale Tower, Barbican, London, Greater London EC2Y 8BY	-	-	3	Flat
£2.0M	09/21	0.5 mi	Flat 233, Lauderdale Tower, Barbican, London, Greater London EC2Y 8BY	-	-	3	Flat
£1.6M	06/23	0.5 mi	Flat 142, Lauderdale Tower, Barbican, London, Greater London EC2Y 8BY	-	-	3	Flat
£560K	12/22	0.51 mi	Flat 5, Partridge Court, Malta Street, London, Greater London EC1V 0AD	-	-	3	Flat
£630K	06/21	0.52 mi	Flat 23, Midway House, Manningford Close, London, Greater London EC1V 7HP	£7,418	85	3	Flat
£500K	06/21	0.52 mi	21, Myrtle Walk, London, Greater London N1 6QF	-	-	3	Flat
£660K	04/23	0.53 mi	Flat 32, Grimthorpe House, Percival Street, London, Greater London EC1V 0BS	-	-	3	Flat
£581K	11/22	0.54 mi	Flat 27, Midway House, Manningford Close, London, Greater London EC1V 7HP	-	-	3	Flat
£526.5K	11/20	0.61 mi	14, Purcell Street, London, Greater London N1 6RD	£5,542	95	3	Flat
£970K	10/22	0.63 mi	45b, Skinner Street, London, Greater London EC1R 0HR	-	-	3	Flat
£605K	05/21	0.7 mi	Flat 9, Datchet House, Virginia Road, London, Greater London E2 7ND	-	-	3	Flat
£450K	03/21	0.7 mi	Flat 48, Hemsworth Court, Hobbs Place Estate, London, Greater London N1 5LD	-	-	3	Flat
£562.5K	02/21	0.7 mi	Flat 4, Wingfield House, Virginia Road, London, Greater London E2 7LZ	-	-	3	Flat
£495K	11/23	0.71 mi	Flat 8, John Parry Court, Hare Walk, London, Greater London N1 6RN	-	-	3	Flat
£560K	01/21	0.72 mi	19, Pelter Street, London, Greater London E2 7PE	£6,512	86	3	Flat
£485K	06/21	0.76 mi	55, Old Market Square, London, Greater London E2 7PQ	£6,775	72	3	Flat
£1.8M	10/23	0.77 mi	Upper Maisonette, 46, Duncan Terrace, London, Greater London N1 8AL	-	-	3	Flat
£980K	06/22	0.78 mi	Basement And Ground Floor Flat, 16, Myddelton Square, London, Greater London EC1R 1YE	-	-	3	Flat
£490K	03/21	0.78 mi	Flat 549, Fellows Court, Weymouth Terrace, London, Greater London E2 8LF	-	-	3	Flat
£472.5K	04/21	0.82 mi	7, Tomlinson Close, London, Greater London E2 7LJ	£6,217	76	3	Flat
£1.3M	11/21	0.85 mi	11a, Whites Row, London, Greater London E1 7NF	£13,432	93	3	Flat
£569.3K	03/23	0.85 mi	15, Claremont Close, London, Greater London N1 9LT	-	-	3	Flat
£515K	12/20	0.89 mi	Flat 273, Fellows Court, Weymouth Terrace, London, Greater London E2 8LL	-	-	3	Flat
£500K	02/23	0.9 mi	Flat 214, Fellows Court, Weymouth Terrace, London, Greater London E2 8LJ	-	-	3	Flat
£447.5K	03/21	0.9 mi	13a, Ravenscroft Street, Bethnal Green, London, Greater London E2 7SH	£5,432	82	3	Flat

Local Rents

50 rents from £1.6K/mo to £7.8K/mo, average is £4.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,300	03/24	0.05 mi	-	3	Flat
£3,850	12/24	0.05 mi	-	3	Flat
£3,000	05/24	0.06 mi	Paterson Court, Peerless Street, Clerkenwell, London, EC1V	3	Flat
£3,000	02/24	0.09 mi	-	3	Flat
£4,767	03/24	0.09 mi	Old Street, Old Street, London, EC1V	3	Flat
£4,117	03/24	0.11 mi	Mallow Street, London, EC1Y	3	Flat
£5,000	03/24	0.11 mi	Mallow Street, EC1Y	3	Flat
£5,000	12/24	0.12 mi	Mallow Street, London, EC1Y	3	Flat
£2,250	03/24	0.14 mi	Banner Street, London	3	Flat
£2,250	04/24	0.14 mi	Banner Street, London	3	Flat
£7,345	04/24	0.15 mi	City Road London EC1V	3	Flat
£5,500	05/24	0.15 mi	Chronicle Tower,City Road, London	3	Flat
£3,500	03/24	0.18 mi	Zeus House,Provost Street,London,N1 7NG	3	Flat
£7,790	04/24	0.19 mi	City Road, London, EC1Y 2AN, UK	3	Flat
£4,500	04/24	0.21 mi	Garrett Street, London, EC1Y	3	Terraced House
£4,250	02/25	0.21 mi	-	3	Flat
£3,200	02/25	0.21 mi	-	3	Flat
£4,676	02/24	0.22 mi	-	3	Flat
£4,100	04/25	0.23 mi	-	3	Flat
£5,100	03/24	0.25 mi	Central Street, Clerkenwell, EC1V	3	Terraced House
£5,200	10/23	0.26 mi	Valencia Tower, 250 City Road, London, EC1V	3	Flat
£5,000	03/24	0.26 mi	Valencia Tower, Bollinder Place, EC1V	3	Flat
£4,500	03/24	0.27 mi	Central Street, Islington	3	Flat
£5,200	12/24	0.28 mi	-	3	Flat
£2,900	12/24	0.28 mi	-	3	Flat
£2,950	12/24	0.28 mi	-	3	Flat
£4,300	12/24	0.29 mi	-	3	Flat
£4,200	02/25	0.29 mi	-	3	Flat
£3,748	05/24	0.29 mi	Lamb's Passage, Moorgate	3	Flat
£3,150	03/25	0.29 mi	-	3	Flat
£3,150	03/25	0.29 mi	-	3	Flat
£4,500	03/24	0.29 mi	Central Street Londom EC1V	3	Flat
£5,000	03/24	0.3 mi	43 Golden Lane, Barbican, London	3	Flat
£2,500	05/24	0.3 mi	Moneyer House, Provost Estate, London, N1	3	Flat
£3,250	03/24	0.31 mi	3 Bedroom Flat – Habberdasher Street, Old Street N1	3	Flat
£3,250	04/24	0.31 mi	3 Bedroom Flat – Habberdasher Street, Old Street N1	3	Flat
£3,300	05/24	0.31 mi	-	3	Flat
£7,500	03/24	0.31 mi	Hewett Street, Shoreditch, London, EC2A	3	Flat
£4,500	04/24	0.32 mi	Siena House, Bollinder Place, EC1V	3	Flat
£5,000	03/24	0.32 mi	Siena House, Bollinder Place, EC1V	3	Flat
£3,315	05/24	0.32 mi	-	3	Flat
£3,315	12/24	0.32 mi	-	3	Flat
£3,000	04/24	0.32 mi	Finn House, Bevenden Street, N1	3	Flat
£3,315	12/24	0.32 mi	East Road, Old Street, N1	3	Flat
£7,000	03/24	0.33 mi	Canaletto Tower, 257 City Road, London, EC1V	3	Flat
£5,000	03/24	0.33 mi	Valencia Tower, Bollinder Place, EC1V	3	Flat
£4,500	04/24	0.33 mi	Wenlock Road, London, N1	3	Flat
£3,090	12/24	0.33 mi	-	3	Flat
£1,550	02/25	0.34 mi	-	3	Flat
£4,500	04/24	0.34 mi	Spenlow Apartments, Wenlock Road, Angel, London, N1	3	Flat

Local Area Statistics

Population in EC1	27,08227,082
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.14 miles away0.14 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

Price changed to £500,000

March 28, 2025

Listed for £550,000

March 6, 2025

Floor Plans

Description

Daytime porter +
Lift access +
884 square feet +
Private balcony +
No onward chain +
Three bedrooms +
Walking distance to 'The City' +

Moments from Old Street Underground Station, this well presented three bedroom, split-level apartment totals just shy of 900 square feet.

Ideal for investors and those looking for more space, this bright and spacious property comprises a modern kitchen with a south-west aspect whilst the adjacent living room space leads out onto a private balcony. The lower level offers two double bedrooms and a single room/home office whilst a separate WC and bathroom are located on the middle floor.

Godfrey House benefits from lift access, a daytime porter, and the water and heating bills are included in the service charge. Furthermore, the lease for this flat has recently been extended and now has approximately 173 years remaining. Offered to the market with no onward chain, this is a must see for those looking to obtain an asset around London’s IT hub and the ‘Silicon Roundabout.’

‘The City’ is within walking distance as are Shoreditch and Angel for those who desire a lively night, whilst the slightly more established sector of Clerkenwell with its gastro pubs, cafés and Michelin star restaurants are also a short walk away.

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 💪

Similar Properties

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

3 Bed Flat, Single Let, EC1V 9NT

£514,000

3 views • 2 months ago • 93 m²

2 Bed Flat, Single Let, EC1V 9FL

£1,000,000

2 months ago • 127 m²

2 Bed Flat, Single Let, EC1V 3QT

£585,000

1 views • 7 months ago • 68 m²

2 Bed Flat, Single Let, EC1Y 8QW

£760,000

2 views • 6 months ago • 68 m²