dealsourcr

2 Bed Flat, Single Let, EC1V 1AL, £1,000,000

Chronicle Tower 261B, City Road, London, EC1V 1ALV - 24 days ago

Leasehold
BTL
~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£14.7K/m²

Value Estimate

£705,093

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£250,000

Stamp Duty & Legal Fees

£92,450

Total Cash In

£342,450

 

 

Cash Out

 

Rent Range

£3,300 - £4,550

Rent Estimate

£4,000

Running Costs/mo

£3,945

Cashflow/mo

£55

Cashflow/yr

£660

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £370K to £2.0M, average is £550K. £7.2K/m² to £15.4K/m², average is £10.5K/m².

PriceDateDistanceAddressBeds 
£850K04/210.09 mi65, Graham Street, London, Greater London N1 8LA2
£435K04/210.1 miFlat 26, Rahere House, Central Street, London, Greater London EC1V 8DE2
£468K12/220.19 miFlat 20, Alford Court, Shepherdess Walk, London, Greater London N1 7JW2
£525K11/200.19 mi68, Theseus Walk, London, Greater London N1 8DS2
£430K06/210.2 miFlat 45, Alford Court, Shepherdess Walk, London, Greater London N1 7JW2
£560K07/230.2 miFlat 11, Langdon Court, City Road, London, Greater London EC1V 1LH2
£543K12/220.24 miFlat 18, Burnhill House, Norman Street, London, Greater London EC1V 3PQ2
£550K12/200.25 mi33, Elia Street, London, Greater London N1 8DF2
£650K03/230.27 miFlat 35, Moorgreen House, Wynyatt Street, London, Greater London EC1V 7JA2
£940K06/210.28 mi190, Dance Square, London, Greater London EC1V 3AN2
£745K03/210.29 miFlat B, 22, Paget Street, London, Greater London EC1V 7PA2
£471K02/210.29 miFlat 84, Shaftesbury Court, Shaftesbury Street, London, Greater London N1 7HN2
£795K02/210.32 mi73b, St Peters Street, London, Greater London N1 8JR2
£1.2M06/210.33 mi20, Gerrard Road, London, Greater London N1 8AY2
£515K09/220.36 miFlat 32, Tunbridge House, St John Street, London, Greater London EC1R 4TT2
£370K07/230.37 miFlat 13, Wyclif Court, Wyclif Street, London, Greater London EC1V 0EL2
£515K11/220.38 miFlat 52, Tompion House, Percival Street, London, Greater London EC1V 0HX2
£635K06/210.38 mi49c, St Peters Street, London, Greater London N1 8JP2
£432.5K11/200.39 miFlat 15, Newland Court, Old Street, London, Greater London EC1V 9NS2
£406K04/210.39 miFlat 63, Sylvia Court, Cavendish Street, London, Greater London N1 7PG2
£825K08/220.4 mi23a, Arlington Way, London, Greater London EC1R 1UY2
£540K10/220.42 miFlat 77, Patrick Coman House, Skinner Street, London, Greater London EC1V 4NY2
£540K06/230.42 mi36, Duncan Street, London, Greater London N1 8BW2
£600K09/210.43 miFlat C, 43, Colebrooke Row, London, Greater London N1 8AF2
£425K08/240.43 miWenlock Court, Flat 29, New North Road, London, Greater London N1 7QR2
£2.0M05/210.45 mi12, Cruden Street, London, Greater London N1 8NJ2
£420K12/200.46 miFlat 37, Charles Gardner Court, Haberdasher Street, London, Greater London N1 6DS2
£435K06/230.46 miFlat 57, Finn House, Bevenden Street, London, Greater London N1 6BL2
£730K07/230.47 mi21a, Sekforde Street, London, Greater London EC1R 0HL2
£735K05/220.47 miFlat 47, Hatfield House, Golden Lane Estate, London, Greater London EC1Y 0SU2
£415K05/210.48 miFlat 40, Braithwaite House, Bunhill Row, London, Greater London EC1Y 8NE2
£965K10/220.48 mi15a, Myddelton Square, London, Greater London EC1R 1YE2
£650K04/230.48 miFlat 41, Basterfield House, Golden Lane Estate, London, Greater London EC1Y 0TR2
£374K06/220.49 miFlat 154, Michael Cliffe House, Skinner Street, London, Greater London EC1R 0LN2
£1.3M06/210.5 mi10, Coleman Fields, London, Greater London N1 7AG2
£660K04/220.5 miFlat 27, Bayer House, Golden Lane Estate, London, Greater London EC1Y 0RN2
£550K03/210.51 mi126, Haberdasher Street, London, Greater London N1 6EJ2
£616K03/210.51 miFlat 204, Crescent House, Golden Lane Estate, London, Greater London EC1Y 0SL2
£750K03/210.51 miFlat 25, Bayer House, Golden Lane Estate, London, Greater London EC1Y 0RN2
£513.5K06/210.51 miFlat 15, Stanley Cohen House, Golden Lane Estate, London, Greater London EC1Y 0RL2
£375K10/200.52 miFlat 19, Finn House, Bevenden Street, London, Greater London N1 6BN2
£436K04/230.52 mi157, Haberdasher Street, London, Greater London N1 6EH2
£790K03/210.53 mi43a, Sekforde Street, London, Greater London EC1R 0HA2
£526K12/200.53 mi2, Claremont Close, London, Greater London N1 9LT2
£1.1M11/220.53 mi9, Kingsway Place, London, Greater London EC1R 0LU2
£1.0M04/230.53 mi17, Kingsway Place, London, Greater London EC1R 0LU2
£720K03/230.53 mi235, New North Road, London, Greater London N1 7AT2
£663K10/200.54 miFlat 1, Bowater House, Golden Lane Estate, London, Greater London EC1Y 0RJ2
£490K06/210.55 miFlat 25, Farriers House, Errol Street, London, Greater London EC1Y 8TB2
£506K10/220.58 miFlat 10, Shire House, Lambs Passage, London, Greater London EC1Y 8TE2

Local Rents

50 rents from £3.3K/mo to £4.5K/mo, average is £3.9K/mo.

RentDateDistanceAddressBeds 
£3,50004/240 miChronicle Tower, EC1V2
£4,55004/240.01 miChronicle Tower, 261B City Road, London, EC1V2
£3,68312/240.01 mi-2
£3,90003/240.01 miChronicle Tower, City Road, Angel, London EC1V2
£3,70003/240.01 miChronicle Tower, 261B City Road, London, EC1V2
£3,65004/240.01 miChronicle Tower, City Road, Angel, London, EC1V2
£4,55005/240.01 miChronicle Tower, City Road, EC1V2
£3,90005/240.01 miChronicle Tower, City Road, Angel, London EC1V2
£3,68303/240.01 miChronicle Tower, 261B City Road, London, EC1V2
£4,00003/240.01 miThe Lexicon, London EC1V2
£3,80003/240.01 miCity Road, London, EC1V2
£4,22503/240.01 miChronicle Tower, 261b City Road, London, EC1V2
£3,68304/240.01 miChronicle Tower, 261b City Road, London, EC1V2
£4,22504/240.01 miChronicle Tower, 261b City Road, London, EC1V2
£3,89605/240.01 miCity Road, London, EC1V2
£3,30003/240.01 miCity Road, London, EC1V2
£4,00805/240.01 miChronicle Tower, London, EC1V2
£4,00005/240.01 mi-2
£3,95004/240.01 miChronicle Tower, EC1V2
£3,90003/240.02 miChronicle Tower, 261b City Road, EC1V2
£3,60006/240.02 mi-2
£3,60004/240.02 miValencia Tower, London, EC1V2
£3,46705/240.02 miCity Road, London, EC1V2
£3,99903/240.04 miCanaletto Tower, 257 City Road, EC1V2
£3,75003/240.04 miCarrara Tower, 1 Bollinder Place, EC1V2
£3,60003/240.04 miBollinder Place, Carrara Tower, EC1V2
£4,00003/240.04 miSiena House, 250 City Road, EC1V2
£4,33303/240.04 miCarrara Tower, 1 Bollinder Place, London EC1V2
£4,29904/240.04 miSiena House, 250 City Road, EC1V2
£4,09904/240.04 miSiena House, 250 City Road, EC1V2
£3,60005/240.04 miBollinder Place, Carrara Tower, EC1V2
£3,85005/240.04 miCarrara Tower, Bollinder Place, London EC1V2
£3,90003/240.04 miSiena House, 250 City Road, London, EC1V2
£3,80004/240.04 miCarrara Tower, 1 Bollinder Place, EC1V2
£4,50003/240.04 miCarrara Tower 1 Bollinder Place LONDON EC1V2
£4,25003/240.04 miCarrara Tower 1 Bollinder Place LONDON EC1V2
£3,75003/240.04 miCarrara Tower 1 Bollinder Place LONDON EC1V2
£3,79904/240.04 miCarrara Tower, Bollinder Place, London, EC1V2
£3,40006/240.04 mi-2
£4,50004/240.04 mi-2
£4,50012/240.04 mi-2
£3,89012/240.04 mi-2
£4,50012/240.04 mi-2
£4,50003/250.04 mi-2
£3,60003/240.04 miCarrara Tower, London, EC1V2
£3,59805/240.04 miCarrara Tower, London, EC1V2
£3,75004/240.04 miCarrara Tower. Bollinder Place, London, EC1V2
£4,30003/240.04 miCarrara Tower, 1 Bollinder Place, EC1V 2AF, EC1V2
£4,20003/240.04 miBollinder Place, London, London2
£3,46704/240.04 miCarrara Tower, London, EC1V2

Links

Local Area Statistics

Population in EC1

27,082

Nearest school

0.10 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Buyer's market

Capital growth (5yrs)

-2%

Property History

Listed for £1,000,000

March 17, 2025

Floor Plans

Description

  • 26th Floor +
  • Uninterrupted views on London skyline +
  • 24-hour concierge +
  • ensuite bathroom +
  • Prime location with numerous local transport links +
  • Amenities include gym, swimming pool and spa +

A stunning two bedroom, two bathroom apartment located on the 26th floor of one of Angel's most iconic buildings, offering panoramic views and excellent transport links. Spanning an approximate 866 square feet, this well-proportioned apartment on the 26th floor offers uninterrupted views from all rooms across London. Finished to a remarkable standard the apartment hosts an array of features including but not limited to; floor to ceiling windows across the apartment, special films and automatic shading blinds in the reception room to assist with temperature regulation. A smart home system controls the lighting and blinds, as well as zoned underfloor heating and comfort cooling ventilation technology to the living room and bedrooms.

The apartment comprises of two double bedrooms, both with full-height fitted wardrobes, an en-suite bathroom for the principle bedroom, utility cupboard, guest bathroom, bespoke galley kitchen with integrated Siemens appliances leading to the spacious living area with the floor to ceiling windows maximising light and offering far reaching views overlooking Regents Canal towards North and East London.

Residents of Chronicle Tower enjoy a host of amenities within the building including a 24-hour concierge, interior designed lobby, fully equipped gym, hotel style spa complete with heated loungers, swimming pool and sauna, private residents business lounge and secure cycle storage

The apartment is currently rented and achieving £4,000 PCM. Chronicle Tower is situated along Islington's ever-changing City Road and on the southern tip of The City Road Basin, just off of Regents Canal. The immediate area has undergone massive regeneration within the last 10 years and is very well placed for easy access into London's West End, The City and main international airports.

Angel Underground and Old Street Stations (Northern Line) are both within 0.8km of the property and the vast array of shops, bars and restaurants of Islington's fashionable Upper Street are just moments from your door.

Lease Length:
150 years less 10 days from 14 June 2001

Service Charge:
TBC

Ground Rent:
£500 Per Annum

Council Tax:
Islington (Band F)
£2369

Agent Details

Cluttons, Islington - Sales

020 3873 8411

Next Steps?

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

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