2 Bed Terraced House, Motivated Seller, London, N1 7LB, £1,299,950

Shepherdess Walk, N1 7LB - 6 views - 9 months ago

Sold STC
Motivated
BTL
~126 m²
+15 photos

ValuationUndervalued

Sold Prices£510K - £3.0M
Sold Prices/m²£6.1K/m² - £17.1K/m²

 

 

Square Metres

~125.60 m²
Price/m²£10.3K/m²

Value Estimate

£1,489,351
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£324,988

Stamp Duty & Legal Fees

£111,444

Total Cash In

£436,431

 

 

Cash Out

 

Rent Range

£1,850 - £5,200

Rent Estimate

£2,159

Running Costs/mo

£4,514

Cashflow/mo

£-2,355

Cashflow/yr

£-28,262

Gross Yield

2%

Local Sold Prices

45 sold prices from £510K to £3.0M, average is £1.2M. £6.1K/m² to £17.1K/m², average is £11.9K/m².

PriceDateDistanceAddressBeds 
£1.2M06/220.35 mi10, Coombs Street, London, Greater London N1 8DJ2
£900K12/200.36 mi6, Waterfront Mews, London, Greater London N1 7FE2
£1.4M10/200.38 mi32, Arlington Avenue, London, Greater London N1 7AY2
£1.5M01/210.43 mi133, Graham Street, London, Greater London N1 8LB2
£1.4M07/230.45 mi15, Allingham Street, London, Greater London N1 8NX2
£630.1K08/230.48 mi1b, Rheidol Terrace, London, Greater London N1 8NT2
£1.3M07/210.48 mi8, Arlington Avenue, London, Greater London N1 7AX2
£1.7M08/230.49 mi13, Rees Street, London, Greater London N1 7AR2
£700K12/200.5 mi235, New North Road, London, Greater London N1 7AT2
£1.4M02/230.51 mi5, Coleman Fields, London, Greater London N1 7AG2
£1.3M11/210.54 mi36, Wilton Square, London, Greater London N1 3DW2
£3.0M06/210.54 mi18, Colebrooke Row, London, Greater London N1 8DB2
£1.2M03/210.54 mi15, Rydon Street, London, Greater London N1 7AL2
£975K10/230.54 mi59, Baring Street, London, Greater London N1 3DS2
£890K12/230.55 mi1, Shrubbery Close, London, Greater London N1 7BZ2
£1.2M02/210.56 mi4, St Paul Street, Islington, London, Greater London N1 7AB2
£1.6M04/240.56 mi14, St Paul Street, Islington, London, Greater London N1 7AB2
£1.5M03/210.57 mi5, Chantry Street, London, Greater London N1 8NL2
£1.3M10/230.57 mi26, Baring Street, London, Greater London N1 3DJ2
£1.6M04/230.58 mi26, Wilton Square, London, Greater London N1 3DL2
£1.6M06/240.58 mi90, Prebend Street, London, Greater London N1 8PR2
£710K12/210.63 mi2, Elliotts Place, London, Greater London N1 8HX2
£544.4K06/210.66 mi37, Popham Road, London, Greater London N1 8SJ2
£815K08/240.73 mi38, De Beauvoir Crescent, London, Greater London N1 5SB2
£935K12/230.76 mi32a, De Beauvoir Road, London, Greater London N1 5SU2
£1.1M07/220.77 mi2, Ingle Mews, London, Greater London EC1R 1XG2
£1.2M04/230.79 mi36, Halton Road, London, Greater London N1 2EU2
£670K03/210.81 mi2, Orchard Mews, London, Greater London N1 5BS2
£1.5M03/210.81 mi26, Ecclesbourne Road, London, Greater London N1 3AE2
£1.2M12/220.84 mi105a, Liverpool Road, London, Greater London N1 0RG2
£1.5M10/230.89 mi61, Mortimer Road, London, Greater London N1 5AR2
£510K11/220.9 mi24, Kirton Gardens, London, Greater London E2 7LS2
£1.4M10/210.91 mi1a, Wellington Row, London, Greater London E2 7BB2
£1.7M10/220.91 mi4a, Padbury Court, London, Greater London E2 7EH2
£875K08/220.93 mi21, Clarissa Street, London, Greater London E8 4HJ2
£1.3M02/230.94 mi20, Ezra Street, London, Greater London E2 7RH2
£980K09/220.96 mi25, Wellington Row, London, Greater London E2 7BB2
£1.0M04/210.97 mi75, Columbia Road, London, Greater London E2 7RG2
£1.1M04/230.97 mi27, Wellington Row, London, Greater London E2 7BB2
£1.5M11/220.97 mi55, Mount Pleasant, London, Greater London WC1X 0AY2
£1.1M06/210.98 mi4, Elwin Street, London, Greater London E2 7BU2
£835K11/200.98 mi9, Elwin Street, London, Greater London E2 7BU2
£1.1M05/210.98 mi3, Elwin Street, London, Greater London E2 7BU2
£1.6M03/210.98 mi129, Cloudesley Road, London, Greater London N1 0EN2
£1.5M10/230.98 mi57, Ufton Road, London, Greater London N1 4HE2

Local Rents

52 rents from £1.9K/mo to £5.2K/mo, average is £3.5K/mo.

RentDateDistanceAddressBeds 
£4,70005/240 miNile Street, London, N12
£4,15012/240.01 miThe Factory, 1 Nile Street, N12
£3,79112/240.01 miNile Street, London, N12
£4,98305/240.02 miUnderwood Street London N12
£3,99905/240.03 miThe Arc, 225 City Road, EC1V2
£4,50012/240.03 mi-2
£4,34512/240.03 mi-2
£4,34503/250.03 mi-2
£4,34512/240.03 mi-2
£4,34503/250.03 mi-2
£3,50001/250.03 mi-2
£4,98312/240.03 miUnderwood Street, Islington, N1 7LY2
£4,00005/240.04 miThe Arc, 225 City Road, EC1V2
£3,99512/240.04 mi-2
£2,75005/240.05 miWestland Place, London, N12
£2,75005/240.05 miWestland Place, London, N12
£2,75005/240.05 miWestland Place, London, N12
£2,75005/240.05 miWestland Place, London, N12
£4,00005/240.05 miThe Arc, EC1V2
£2,95005/240.05 miWellesley Terrace, London, N12
£2,90005/240.05 mi-2
£2,65005/240.05 mi-2
£2,40012/240.05 mi-2
£2,75003/250.05 mi-2
£2,95005/240.06 miUnderwood Street, London, N12
£4,00005/240.06 miThe Arc, City Road, EC1V2
£4,76605/240.06 miThe Arc, 225 City Road, London, EC1V2
£4,30012/240.06 mi-2
£4,55012/240.06 mi-2
£4,55012/240.06 mi-2
£3,25005/240.07 miShepherdess Place, Shoreditch, London N12
£3,25003/240.07 miShepherdess Place, Shoreditch, London N12
£3,50005/240.07 miShepherdess Place, Shoreditch, London N12
£2,75005/240.07 miWestland Place, London, N12
£1,85003/240.07 miShepherdess Walk, London, N12
£2,05012/240.08 mi-2
£2,19512/240.08 mi-2
£2,50005/240.09 miPegaso, Westland Place, Old Street, N12
£3,25012/240.09 miMicawber Wharf, 17 Micawber Street, London, N12
£5,20003/240.1 miBath Street, Clerkenwell, London, EC1V2
£3,80004/240.1 miVermont House, 250 City Road, London, EC1V2
£2,90012/240.1 mi-2
£3,75005/240.1 miLawrence, City Road, Clerkenwell, London, EC1V2
£2,75012/240.1 mi-2
£3,40003/240.1 miEagle Point, City Road, Old Street, EC1V2
£2,40103/240.1 miCity Approach, City Road EC1V2
£3,20003/240.1 miCity Road, London2
£3,40004/240.1 miCity Road, City Road2
£3,50004/240.1 miCity Road, Islington2
£3,25005/240.1 miMicawber Wharf, Micawber Street, London, N12
£3,60004/240.11 miLawrence House, City Road, Clerkenwell, London, EC1V2
£3,57505/240.11 miSpenlow Apartments, Wenlock Road, N12

Local Area Statistics

Population in N1

89,893

Population in London

4,771,921

Town centre distance

0.60 miles away

Nearest school

0.20 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

-6%

Property History

Listed for £1,299,950

June 27, 2024

Floor Plans

Description

  • Two Bedrooms (subject to consent) +
  • Warehouse Conversion +
  • Exposed Brickwork +
  • Private Terrace +
  • Open Plan +
  • Secure Underground Parking +
  • Share of Freehold +

Blending a contemporary style with its industrial past, the apartment is a testament to vintage charm. The Manhattan Loft Corporation transformed The Factory in 1999. It was one of London's first warehouse conversions and was named after Andy Warhol's infamous New York studio. It remains a top choice for those seeking a warehouse lifestyle.

Interior designed with flare, the layout is dramatic, functional, well-thought-out and boasts 1,300 sq ft of lateral open plan accommodation. The absence of walls enhances the sense of space.

The wood mix adds a lovely sense of warmth to the space, working well with the generous ceiling height, exposed brick walls, and warehouse-style windows.

The kitchen boasts distressed worktops and cabinetry reclaimed from a 1900s library. A hidden Zen room offers a serene retreat. A reclaimed 150-year-old French zinc tub adds charm, as do the antique bi-fold glazed doors from a Yorkshire Methodist church, creating the possibility of a separate living area that allows light to flow throughout. Early twentieth-century bulk headlights and switches complete the look.

Situated on a quiet street, the property is just moments away from the bustling scenes of Old Street, Angel, Hoxton, and Shoreditch. Residents can enjoy an array of bars and restaurants along Regent's Canal.

Shoreditch Park and the weekend markets at Columbia Road, Spitalfields, and Broadway Market are all within walking distance.

With a fabulous location close to excellent transport links, including Old Street station (Northern Line & National Rail), residents enjoy easy access to the City, the West End and beyond.

Agent Details

Circa London, Shoreditch

020 3889 9067

Next Steps?

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