2 Bed Flat, Single Let, EC1V 1AG, £699,000

City Road, EC1V 1AGV - 2 views - a month ago

Leasehold

BTL

ROI: 3%

~68 m²

+6 photos

ValuationUndervalued

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

Square Metres	~68.11 m²
Price/m²	£10.3K/m²
Value Estimate	£718,413£718,413
BMV	3%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£174,750£174,750
Stamp Duty & Legal Fees	£58,600£58,600
Total Cash In	£233,350£233,350

Cash Out
Rent Range	£3,200 - £5,000£3,200 - £5,000
Rent Estimate	£3,375
Running Costs/mo	£2,879£2,879
Cashflow/mo	£496£496
Cashflow/yr	£5,948£5,948
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £370K to £2.0M, average is £541.5K. £7.2K/m² to £15.4K/m², average is £10.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£850K	04/21	0.12 mi	65, Graham Street, London, Greater London N1 8LA	£8,017	106	2	Flat
£435K	04/21	0.14 mi	Flat 26, Rahere House, Central Street, London, Greater London EC1V 8DE	-	-	2	Flat
£468K	12/22	0.14 mi	Flat 20, Alford Court, Shepherdess Walk, London, Greater London N1 7JW	-	-	2	Flat
£430K	06/21	0.15 mi	Flat 45, Alford Court, Shepherdess Walk, London, Greater London N1 7JW	-	-	2	Flat
£525K	11/20	0.22 mi	68, Theseus Walk, London, Greater London N1 8DS	-	-	2	Flat
£560K	07/23	0.24 mi	Flat 11, Langdon Court, City Road, London, Greater London EC1V 1LH	-	-	2	Flat
£543K	12/22	0.25 mi	Flat 18, Burnhill House, Norman Street, London, Greater London EC1V 3PQ	-	-	2	Flat
£471K	02/21	0.25 mi	Flat 84, Shaftesbury Court, Shaftesbury Street, London, Greater London N1 7HN	-	-	2	Flat
£550K	12/20	0.29 mi	33, Elia Street, London, Greater London N1 8DF	£9,483	58	2	Flat
£940K	06/21	0.3 mi	190, Dance Square, London, Greater London EC1V 3AN	£11,899	79	2	Flat
£795K	02/21	0.32 mi	73b, St Peters Street, London, Greater London N1 8JR	£10,743	74	2	Flat
£650K	03/23	0.32 mi	Flat 35, Moorgreen House, Wynyatt Street, London, Greater London EC1V 7JA	-	-	2	Flat
£745K	03/21	0.34 mi	Flat B, 22, Paget Street, London, Greater London EC1V 7PA	£12,016	62	2	Flat
£406K	04/21	0.34 mi	Flat 63, Sylvia Court, Cavendish Street, London, Greater London N1 7PG	-	-	2	Flat
£1.2M	06/21	0.35 mi	20, Gerrard Road, London, Greater London N1 8AY	-	-	2	Flat
£432.5K	11/20	0.37 mi	Flat 15, Newland Court, Old Street, London, Greater London EC1V 9NS	-	-	2	Flat
£425K	08/24	0.38 mi	Wenlock Court, Flat 29, New North Road, London, Greater London N1 7QR	£7,328	58	2	Flat
£635K	06/21	0.39 mi	49c, St Peters Street, London, Greater London N1 8JP	-	-	2	Flat
£515K	09/22	0.41 mi	Flat 32, Tunbridge House, St John Street, London, Greater London EC1R 4TT	-	-	2	Flat
£420K	12/20	0.41 mi	Flat 37, Charles Gardner Court, Haberdasher Street, London, Greater London N1 6DS	-	-	2	Flat
£435K	06/23	0.41 mi	Flat 57, Finn House, Bevenden Street, London, Greater London N1 6BL	-	-	2	Flat
£370K	07/23	0.42 mi	Flat 13, Wyclif Court, Wyclif Street, London, Greater London EC1V 0EL	-	-	2	Flat
£515K	11/22	0.42 mi	Flat 52, Tompion House, Percival Street, London, Greater London EC1V 0HX	-	-	2	Flat
£600K	09/21	0.45 mi	Flat C, 43, Colebrooke Row, London, Greater London N1 8AF	£11,765	51	2	Flat
£825K	08/22	0.45 mi	23a, Arlington Way, London, Greater London EC1R 1UY	-	-	2	Flat
£540K	06/23	0.46 mi	36, Duncan Street, London, Greater London N1 8BW	£7,200	75	2	Flat
£2.0M	05/21	0.46 mi	12, Cruden Street, London, Greater London N1 8NJ	£15,399	128	2	Flat
£550K	03/21	0.46 mi	126, Haberdasher Street, London, Greater London N1 6EJ	-	-	2	Flat
£415K	05/21	0.46 mi	Flat 40, Braithwaite House, Bunhill Row, London, Greater London EC1Y 8NE	-	-	2	Flat
£540K	10/22	0.47 mi	Flat 77, Patrick Coman House, Skinner Street, London, Greater London EC1V 4NY	-	-	2	Flat
£436K	04/23	0.47 mi	157, Haberdasher Street, London, Greater London N1 6EH	-	-	2	Flat
£1.3M	06/21	0.47 mi	10, Coleman Fields, London, Greater London N1 7AG	£11,176	116	2	Flat
£735K	05/22	0.48 mi	Flat 47, Hatfield House, Golden Lane Estate, London, Greater London EC1Y 0SU	£10,352	71	2	Flat
£650K	04/23	0.49 mi	Flat 41, Basterfield House, Golden Lane Estate, London, Greater London EC1Y 0TR	-	-	2	Flat
£720K	03/23	0.5 mi	235, New North Road, London, Greater London N1 7AT	-	-	2	Flat
£730K	07/23	0.51 mi	21a, Sekforde Street, London, Greater London EC1R 0HL	-	-	2	Flat
£660K	04/22	0.51 mi	Flat 27, Bayer House, Golden Lane Estate, London, Greater London EC1Y 0RN	-	-	2	Flat
£750K	03/21	0.52 mi	Flat 25, Bayer House, Golden Lane Estate, London, Greater London EC1Y 0RN	-	-	2	Flat
£513.5K	06/21	0.52 mi	Flat 15, Stanley Cohen House, Golden Lane Estate, London, Greater London EC1Y 0RL	-	-	2	Flat
£616K	03/21	0.52 mi	Flat 204, Crescent House, Golden Lane Estate, London, Greater London EC1Y 0SL	-	-	2	Flat
£965K	10/22	0.53 mi	15a, Myddelton Square, London, Greater London EC1R 1YE	£12,697	76	2	Flat
£374K	06/22	0.53 mi	Flat 154, Michael Cliffe House, Skinner Street, London, Greater London EC1R 0LN	-	-	2	Flat
£500K	01/23	0.54 mi	32, Pitfield Street, London, Greater London N1 6EU	£8,065	62	2	Flat
£450K	06/21	0.54 mi	Flat 27, Shoreditch House, Charles Square, London, Greater London N1 6HL	-	-	2	Flat
£460K	04/21	0.54 mi	Flat 37, Shoreditch House, Charles Square, London, Greater London N1 6HL	-	-	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	0.55 mi	Flat 25, Farriers House, Errol Street, London, Greater London EC1Y 8TB	-	-	2	Flat
£405K	10/21	0.55 mi	Flat 63, Royal Oak Court, Pitfield Street, London, Greater London N1 6EN	-	-	2	Flat
£500K	11/20	0.56 mi	Flat 11, Fairchild House, Fanshaw Street, London, Greater London N1 6LH	-	-	2	Flat
£790K	03/21	0.56 mi	43a, Sekforde Street, London, Greater London EC1R 0HA	-	-	2	Flat

Local Rents

50 rents from £3.2K/mo to £5K/mo, average is £4K/mo.

Rent	Date	Distance	Address	Beds	Type
£4,500	04/24	0.02 mi	Canaletto Tower, City Road, Islington, London, EC1V	2	Flat
£4,000	02/24	0.03 mi	-	2	Flat
£4,150	12/24	0.03 mi	-	2	Flat
£4,000	05/24	0.03 mi	Canaletto, City Road, Islington, London, EC1V	2	Flat
£4,000	03/24	0.03 mi	Canaletto Tower EC1V	2	Flat
£4,500	02/24	0.03 mi	-	2	Flat
£3,999	03/24	0.03 mi	Canaletto Tower, 257 City Road, EC1V	2	Flat
£3,600	03/24	0.03 mi	Canaletto, City Road, London, EC1V	2	Flat
£3,500	04/24	0.05 mi	Chronicle Tower, EC1V	2	Flat
£4,000	03/24	0.05 mi	Vermont House, Dingley Road, EC1V	2	Flat
£4,300	03/24	0.05 mi	Siena House, Bollinder Place, EC1V	2	Flat
£3,900	03/24	0.05 mi	Siena House, Bollinder Place, EC1V	2	Flat
£4,200	03/24	0.05 mi	Siena House, Bollinder Place, EC1V	2	Flat
£4,000	03/24	0.05 mi	Sienna House, London EC1V	2	Flat
£4,550	04/24	0.05 mi	Chronicle Tower, 261B City Road, London, EC1V	2	Flat
£3,200	03/24	0.05 mi	Micawber Street, Old Street, London, N1	2	Flat
£3,900	03/24	0.06 mi	Chronicle Tower, City Road, Angel, London EC1V	2	Flat
£3,700	03/24	0.06 mi	Chronicle Tower, 261B City Road, London, EC1V	2	Flat
£3,650	04/24	0.06 mi	Chronicle Tower, City Road, Angel, London, EC1V	2	Flat
£4,550	05/24	0.06 mi	Chronicle Tower, City Road, EC1V	2	Flat
£3,900	05/24	0.06 mi	Chronicle Tower, City Road, Angel, London EC1V	2	Flat
£3,683	12/24	0.06 mi	-	2	Flat
£4,008	05/24	0.06 mi	Chronicle Tower, London, EC1V	2	Flat
£3,950	03/24	0.06 mi	Siena House, London, EC1V	2	Flat
£4,000	05/24	0.06 mi	-	2	Flat
£3,799	06/24	0.06 mi	-	2	Flat
£3,683	03/24	0.06 mi	Chronicle Tower, 261B City Road, London, EC1V	2	Flat
£4,000	03/24	0.06 mi	The Lexicon, London EC1V	2	Flat
£3,800	03/24	0.06 mi	City Road, London, EC1V	2	Flat
£4,225	03/24	0.06 mi	Chronicle Tower, 261b City Road, London, EC1V	2	Flat
£3,683	04/24	0.06 mi	Chronicle Tower, 261b City Road, London, EC1V	2	Flat
£4,225	04/24	0.06 mi	Chronicle Tower, 261b City Road, London, EC1V	2	Flat
£3,896	05/24	0.06 mi	City Road, London, EC1V	2	Flat
£3,300	03/24	0.06 mi	City Road, London, EC1V	2	Flat
£4,992	04/25	0.06 mi	-	2	Flat
£3,700	03/24	0.06 mi	Valencia Tower, 250 City Road, 3 Bollinder Place, London, EC1V	2	Flat
£5,000	03/24	0.06 mi	Carrara Tower, 250 City Road, London, EC1V	2	Flat
£4,200	03/24	0.06 mi	Valencia Tower, 250 City Road, 3 Bollinder Place, London, EC1V	2	Flat
£3,750	05/24	0.06 mi	Carrara Tower, City Road, EC1V	2	Flat
£3,750	04/24	0.06 mi	Carrara Tower 1 Bollinder Place LONDON EC1V	2	Flat
£3,950	04/24	0.06 mi	Chronicle Tower, EC1V	2	Flat
£4,008	05/24	0.06 mi	-	2	Flat
£4,498	04/24	0.06 mi	Bollinder Place, City Road	2	Flat
£4,498	04/24	0.06 mi	Bollinder Place, City Road	2	Flat
£3,800	04/24	0.06 mi	Vermont House, 250 City Road, London, EC1V	2	Flat
£4,215	03/24	0.06 mi	Valencia Tower, 250 City Road, EC1V	2	Flat
£4,350	04/24	0.06 mi	Valencia Tower, London, EC1V	2	Flat
£4,099	03/24	0.06 mi	Bollinger Place, Old Street, EC1V 2AR – 2 Bedrooms Flat	2	Flat
£3,700	05/24	0.06 mi	250 City Road, London, EC1V	2	Flat
£3,600	06/24	0.06 mi	-	2	Flat

Local Area Statistics

Population in EC1	27,08227,082
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.46 miles away0.46 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 £699,000

March 19, 2025

Floor Plans

Description

Planned Cladding Work Funded by Developer +
Top Floor - 12th Floor +
Two Bedrooms +
Balcony +
798 Sq Ft - 74.1 Sq m +

An bright and stylish two-bedroom flat, situated on the 12th and top floor of a setback residential building with stunning views over Wenlock Basin.

The property is in pristine condition and offers a well-designed layout, featuring an inviting entrance hall, two spacious double bedrooms with built-in wardrobes, and a modern family bathroom. The heart of the home is the expansive open-plan kitchen/reception area, which flows seamlessly onto a private balcony, boasting breathtaking west-facing views. Custom-built storage solutions throughout ensure a clutter-free living space.

This building is ideally located just moments from the tranquil waters of Wenlock Basin, nestled between Old Street Station (National Rail and Northern Line) and Angel Station (Northern Line).

The area is experiencing exciting regeneration, with world-renowned architects and cutting-edge tech companies bringing new energy to the district. You'll find a vibrant mix of bars, restaurants, and creative businesses, all contributing to the area's lively yet peaceful atmosphere, offering a perfect blend of "City Living" along The Regent's Canal.

The flat's prime location allows easy access to Shoreditch, Clerkenwell, and the vibrant Upper Street in Islington, all within walking distance. For commuters, the financial hubs of Moorgate (21 minutes) and Liverpool Street (28 minutes) are easily reached on foot.

Additionally, the nearby footpath along Regent’s Canal leads you towards the charming areas of Angel and Victoria Park, offering plenty of green space and scenic views.

Agent Details

Hurford Salvi Carr, Islington & Shoreditch

020 3907 3465

Next Steps?

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

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