2 Bed Flat, Single Let, EC1Y 8QW, £760,000

Bunhill Row, Shoreditch, EC1Y 8QW - 2 views - 6 months ago

Leasehold

BTL

~68 m²

+8 photos

ValuationFair Value

Sold Prices	£375K - £5.3M
Sold Prices/m²	£7.3K/m² - £11.9K/m²

Square Metres	~68.11 m²
Price/m²	£11.2K/m²
Value Estimate	£751,963£751,963

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£190,000£190,000
Stamp Duty & Legal Fees	£49,500£49,500
Total Cash In	£239,500£239,500

Cash Out
Rent Range	£2,200 - £6,450£2,200 - £6,450
Rent Estimate	£2,350
Running Costs/mo	£2,865£2,865
Cashflow/mo	£-515£-515
Cashflow/yr	£-6,180£-6,180
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £375K to £5.3M, average is £655K. £7.3K/m² to £11.9K/m², average is £10.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£415K	05/21	0.05 mi	Flat 40, Braithwaite House, Bunhill Row, London, Greater London EC1Y 8NE	-	-	2	Flat
£432.5K	11/20	0.06 mi	Flat 15, Newland Court, Old Street, London, Greater London EC1V 9NS	-	-	2	Flat
£490K	06/21	0.19 mi	Flat 25, Farriers House, Errol Street, London, Greater London EC1Y 8TB	-	-	2	Flat
£527.5K	05/23	0.19 mi	Flat 6, Shire House, Lambs Passage, London, Greater London EC1Y 8TE	-	-	2	Flat
£506K	10/22	0.19 mi	Flat 10, Shire House, Lambs Passage, London, Greater London EC1Y 8TE	-	-	2	Flat
£543K	12/22	0.24 mi	Flat 18, Burnhill House, Norman Street, London, Greater London EC1V 3PQ	-	-	2	Flat
£513.5K	06/21	0.25 mi	Flat 15, Stanley Cohen House, Golden Lane Estate, London, Greater London EC1Y 0RL	-	-	2	Flat
£750K	03/21	0.26 mi	Flat 25, Bayer House, Golden Lane Estate, London, Greater London EC1Y 0RN	-	-	2	Flat
£650K	04/23	0.27 mi	Flat 41, Basterfield House, Golden Lane Estate, London, Greater London EC1Y 0TR	-	-	2	Flat
£660K	04/22	0.27 mi	Flat 27, Bayer House, Golden Lane Estate, London, Greater London EC1Y 0RN	-	-	2	Flat
£663K	10/20	0.28 mi	Flat 1, Bowater House, Golden Lane Estate, London, Greater London EC1Y 0RJ	-	-	2	Flat
£427.5K	07/22	0.28 mi	Flat 17, Victoria Chambers, Luke Street, London, Greater London EC2A 4EE	-	-	2	Flat
£735K	05/22	0.3 mi	Flat 47, Hatfield House, Golden Lane Estate, London, Greater London EC1Y 0SU	£10,352	71	2	Flat
£1.3M	04/23	0.31 mi	Flat 519, Ben Jonson House, Barbican, London, Greater London EC2Y 8NH	-	-	2	Flat
£450K	06/21	0.31 mi	Flat 27, Shoreditch House, Charles Square, London, Greater London N1 6HL	-	-	2	Flat
£460K	04/21	0.31 mi	Flat 37, Shoreditch House, Charles Square, London, Greater London N1 6HL	-	-	2	Flat
£940K	06/21	0.32 mi	190, Dance Square, London, Greater London EC1V 3AN	£11,899	79	2	Flat
£616K	03/21	0.34 mi	Flat 204, Crescent House, Golden Lane Estate, London, Greater London EC1Y 0SL	-	-	2	Flat
£420K	12/20	0.34 mi	Flat 37, Charles Gardner Court, Haberdasher Street, London, Greater London N1 6DS	-	-	2	Flat
£830K	03/21	0.36 mi	Flat 101, Speed House, Barbican, London, Greater London EC2Y 8AU	-	-	2	Flat
£890K	07/23	0.36 mi	Flat 65, Speed House, Barbican, London, Greater London EC2Y 8AU	-	-	2	Flat
£995K	10/22	0.36 mi	Flat 109, Speed House, Barbican, London, Greater London EC2Y 8AU	-	-	2	Flat
£500K	01/23	0.37 mi	32, Pitfield Street, London, Greater London N1 6EU	£8,065	62	2	Flat
£435K	06/23	0.38 mi	Flat 57, Finn House, Bevenden Street, London, Greater London N1 6BL	-	-	2	Flat
£550K	03/21	0.39 mi	126, Haberdasher Street, London, Greater London N1 6EJ	-	-	2	Flat
£1.0M	11/22	0.39 mi	Flat 119, Defoe House, Barbican, London, Greater London EC2Y 8ND	-	-	2	Flat
£900K	11/21	0.39 mi	Flat 115, Defoe House, Barbican, London, Greater London EC2Y 8ND	-	-	2	Flat
£800K	10/21	0.39 mi	Flat 21, Defoe House, Barbican, London, Greater London EC2Y 8DN	-	-	2	Flat
£1.3M	06/21	0.4 mi	Flat 502, Gilbert House, Barbican, London, Greater London EC2Y 8BD	-	-	2	Flat
£910K	12/20	0.41 mi	Flat 340, Willoughby House, Barbican, London, Greater London EC2Y 8BL	-	-	2	Flat
£975K	02/23	0.41 mi	Flat 518, Willoughby House, Barbican, London, Greater London EC2Y 8BN	-	-	2	Flat
£435K	04/21	0.41 mi	Flat 26, Rahere House, Central Street, London, Greater London EC1V 8DE	-	-	2	Flat
£436K	04/23	0.41 mi	157, Haberdasher Street, London, Greater London N1 6EH	-	-	2	Flat
£375K	10/20	0.42 mi	Flat 19, Finn House, Bevenden Street, London, Greater London N1 6BN	-	-	2	Flat
£835K	06/21	0.43 mi	Flat 52, Andrewes House, Barbican, London, Greater London EC2Y 8AX	-	-	2	Flat
£780K	06/21	0.43 mi	Flat 176, Andrewes House, Barbican, London, Greater London EC2Y 8BA	-	-	2	Flat
£925K	10/22	0.43 mi	Flat 126, Andrewes House, Barbican, London, Greater London EC2Y 8AY	-	-	2	Flat
£460K	11/23	0.44 mi	Flat 80, Royal Oak Court, Pitfield Street, London, Greater London N1 6EP	-	-	2	Flat
£468K	12/22	0.44 mi	Flat 20, Alford Court, Shepherdess Walk, London, Greater London N1 7JW	-	-	2	Flat
£405K	10/21	0.45 mi	Flat 63, Royal Oak Court, Pitfield Street, London, Greater London N1 6EN	-	-	2	Flat
£430K	06/21	0.45 mi	Flat 45, Alford Court, Shepherdess Walk, London, Greater London N1 7JW	-	-	2	Flat
£880K	09/22	0.46 mi	Flat 152, Thomas More House, Barbican, London, Greater London EC2Y 8BU	-	-	2	Flat
£875K	06/23	0.46 mi	Flat 90, Thomas More House, Barbican, London, Greater London EC2Y 8BU	-	-	2	Flat
£1.1M	01/21	0.46 mi	Flat 6, Thomas More House, Barbican, London, Greater London EC2Y 8BT	-	-	2	Flat
£1.1M	10/22	0.46 mi	Flat 4, Thomas More House, Barbican, London, Greater London EC2Y 8BT	-	-	2	Flat
£875K	07/23	0.46 mi	Flat 14, Thomas More House, Barbican, London, Greater London EC2Y 8BT	-	-	2	Flat
£5.3M	06/23	0.46 mi	Third Floor, 43, Charterhouse Square, London, Greater London EC1M 6EW	-	-	2	Flat
£950K	01/21	0.46 mi	61a, Rivington Street, London, Greater London EC2A 3QQ	£11,728	81	2	Flat
£500K	11/20	0.47 mi	Flat 11, Fairchild House, Fanshaw Street, London, Greater London N1 6LH	-	-	2	Flat
£425K	08/24	0.5 mi	Wenlock Court, Flat 29, New North Road, London, Greater London N1 7QR	£7,328	58	2	Flat

Local Rents

50 rents from £2.2K/mo to £6.5K/mo, average is £3.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,400	02/24	0.02 mi	-	2	Flat
£4,117	03/24	0.03 mi	Galileo Apartments, EC1Y	2	Flat
£3,500	03/24	0.04 mi	Martha's Buildings, London, EC1V	2	Flat
£2,600	03/24	0.07 mi	Newland Court, Old Street, EC1V	2	Flat
£2,300	02/24	0.07 mi	-	2	Flat
£3,500	04/24	0.07 mi	Mallow Street, EC1Y	2	Flat
£3,100	03/24	0.07 mi	Tilney Court London EC1V	2	Flat
£3,683	06/24	0.08 mi	-	2	Flat
£2,350	04/24	0.09 mi	Bath Court, Bath Street, Old Street, London, EC1V	2	Flat
£3,250	05/24	0.1 mi	Old Street, Old Street, London, EC1V	2	Flat
£3,100	12/24	0.11 mi	-	2	Flat
£3,467	12/24	0.12 mi	-	2	Flat
£2,350	02/25	0.12 mi	-	2	Flat
£3,683	04/24	0.12 mi	City Road, London, EC1Y	2	Flat
£2,817	04/24	0.12 mi	The Lexington, City Road, EC1Y	2	Flat
£2,752	05/24	0.12 mi	City Road, London, EC1Y	2	Flat
£2,400	12/24	0.12 mi	-	2	Flat
£2,200	03/25	0.12 mi	-	2	Flat
£2,750	04/24	0.12 mi	City Road, London, EC1Y	2	Flat
£2,750	02/25	0.13 mi	-	2	Flat
£2,750	12/24	0.13 mi	-	2	Flat
£3,250	04/24	0.13 mi	Lexington Apartments, City Road, Old Street, London, EC1Y	2	Flat
£3,150	04/24	0.13 mi	Lexington Apartments, City Road, Old Street, London, EC1Y	2	Flat
£3,250	04/24	0.13 mi	Bartholomew Square, Old Street, London, EC1V	2	Flat
£3,250	04/24	0.13 mi	Bezier Apartments, City Road, London, EC1Y	2	Flat
£3,500	03/24	0.13 mi	Bezier Apartments, 91 City Road, Old Street, EC1Y	2	Flat
£3,575	03/24	0.13 mi	Bezier Apartments, City Road, Old Street, Shoreditch, London, EC1	2	Flat
£3,200	04/24	0.13 mi	Bezier Apartments, City Road, Old Street, Shoreditch, London, EC1	2	Flat
£3,250	05/24	0.13 mi	Bezier Apartments, 91 City Road, Old Street, Shoreditch, London, EC1Y	2	Flat
£4,070	03/24	0.13 mi	Bartholomew Square, London, EC1V 3QH, UK	2	Flat
£3,250	04/24	0.14 mi	Leonard Street, City Road, Old Street, London, EC2A	2	Flat
£3,995	03/24	0.14 mi	City Road, Shoreditch	2	Flat
£3,500	03/24	0.14 mi	Bezier Apartment, EC1Y	2	Flat
£2,816	03/24	0.14 mi	Bezier Apartments, City Road, Old Street, London, EC1Y	2	Flat
£3,850	03/24	0.14 mi	Old Street, London, EC1Y	2	Flat
£3,250	04/24	0.14 mi	Bezier Apartments, 91 City Road, Old Street, London, EC1Y	2	Flat
£3,250	04/24	0.14 mi	Bezier Apartments, 91 City Road, Old Street, London, EC1Y	2	Flat
£3,012	03/24	0.15 mi	City Road London EC1V	2	Flat
£2,860	04/25	0.15 mi	-	2	Flat
£3,990	04/24	0.15 mi	Leonard Street, London, EC2A 4AN, UK	2	Flat
£2,500	12/24	0.15 mi	-	2	Flat
£3,000	03/24	0.15 mi	Leonard Street, London, EC2A	2	Flat
£6,450	03/24	0.15 mi	-	2	Flat
£3,700	05/24	0.15 mi	Bezier Apartments, City Road, Old Street, London, EC1Y	2	Flat
£3,500	03/24	0.15 mi	City Road, London, EC1Y	2	Flat
£3,200	05/24	0.15 mi	City Road, Shoreditch, EC1V	2	Flat
£3,000	02/24	0.15 mi	-	2	Flat
£3,553	04/24	0.15 mi	-	2	Flat
£3,553	04/24	0.15 mi	Imperial Hall, London, EC1V	2	Flat
£2,817	05/24	0.16 mi	Leonard Street, London, EC2A	2	Flat

Local Area Statistics

Population in EC1	27,08227,082
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.13 miles away0.13 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 £760,000

October 1, 2024

Floor Plans

Description

Two double bedrooms +
Spacious reception +
Two bathrooms +
801 sq ft / split-level +
South-facing balcony +
Chain-free sale +
Old Street Tube 250m +
EPC rating: D +

A very desirable 801 sq ft two bedroom, two bathroom split-level flat set in a quiet location moments from the Old Street roundabout and Whitecross Street market. Presented chain-free.
This stylish apartment offers a particularly spacious open-plan reception with high ceilings and a large south-facing balcony.

A peaceful property with two generous double bedrooms, good storage space, excellent amenities and Tube links nearby.

Additional Information:

Council Tax Band: E

Tenure: Leasehold

Lease length: Approx. 970 years

Service charge: Approx: £2,200.00 per annum

Ground Rent: Approx: £400.00 per annum

Council tax and, where applicable, lease information, service charges and ground rent are given as a guide only and should always be checked and confirmed by your Solicitor prior to exchange of contracts.

Agent Details

Kinleigh Folkard & Hayward - Sales, Clerkenwell - Sales

020 3910 6357

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.

2 Bed Flat, Single Let, EC1V 9FL

£1,000,000

2 months ago • 127 m²

2 Bed Flat, Single Let, EC1Y 8QE

£800,000

1 views • 3 months ago • 68 m²

3 Bed Flat, Single Let, EC1Y 8QB

£560,000

2 views • 2 months ago • 93 m²

Sold STC

3 Bed Flat, Single Let, EC1V 9ES

£500,000

a month ago • 82 m²