Leather Lane, Farringdon, London
By Barnard Marcus
£ 500,000
Reviews
2 out of 5 stars
Barnard Marcus says ..
The property comprises of two bedrooms, two bathrooms, kitchen/reception room and balcony. The development benefits from a communal terrace and outside gym. Long lease with approx.180 year lease remaining.
Property Oracle says ..
This two-bedroom, two-bathroom apartment in Farringdon, London, offers a convenient city-centre location with excellent transport links via Farringdon station. The property’s proximity to several highly-rated schools, such as Christopher Hatton Primary School (Ofsted Outstanding), is a significant advantage for families. The apartment itself appears well-maintained from the provided photographs, although the interior design may not appeal to all buyers. The kitchen and bathrooms look reasonably modern, but the decor feels a little dated overall. A key drawback is the complete lack of private outdoor space, which is unusual for London properties, even in apartment buildings. While the communal terrace and outdoor gym are positive additions, they cannot compensate fully for the absence of a private garden or even a substantial balcony. The absence of details regarding the leasehold information may raise questions for potential buyers as well.
The list price of £500,000 needs to be considered in relation to the size and the limited outdoor space. Comparing this to other properties in the area is essential for determining true value. The availability of more comparable data will enable a more definitive assessment of the price point. Nevertheless, the strategic location in a high-demand area, combined with the proximity to transport and good schools, suggests a reasonable, albeit not exceptionally high-value, listing.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 8
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 505.90
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 1,154,000.00 £Decreased by 22.25 %
- Est sale value
- 769,979.80 £Decreased by 9.35 %
- Average area rental value
- 2,781.00 £/moIncreased by 3.65 %
- Est letting value
- 1,517.70 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.89 %Increased by 33.18 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Barnard Marcus created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Alban'S Church Of England Primary School | Voluntary Aided School | Good | 0.29 KM |
| 1A Children'S Centre | Children's Centre | 0.56 KM | |
| Christopher Hatton Primary School | Community School | Outstanding | 0.57 KM |
| University Of The Arts London | Higher Education Institutions | Outstanding | 0.84 KM |
| St George The Martyr Church Of England Primary School | Voluntary Aided School | Outstanding | 0.95 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Beauchamp Street | £ 0 | 0 | 0.00 KM |
| Dorrington Street | £ 0 | 0 | 0.00 KM |
| Shoe Lane | £ 0 | 0 | 0.00 KM |
| New Street Square | £ 770,000 | 0 | 0.00 KM |
| Rolls Passage | £ 950,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Farringdon | 577 | ZFD | 0.44 KM |
| City Thameslink | 5121 | CTK | 0.79 KM |
| Blackfriars | 5112 | BFR | 0.98 KM |
| Waterloo East | 5158 | WAE | 1.63 KM |
| Waterloo | 5598 | WAT | 1.78 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Leather Lane, London, EC1N | £ 465,000 | BUY | 7 / 10 | 0.00 KM |
| Leather Lane, Farringdon, London | £ 500,000 | BUY | 5 / 10 | 0.00 KM |
| Greville Street, Farringdon, London, EC1N | £ 775,000 | BUY | Unknown | 0.03 KM |
| Hatton Garden, Clerkenwell, EC1N | £ 980,000 | BUY | Unknown | 0.11 KM |
| Hatton Garden, London EC1N | £ 980,000 | BUY | 7 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 20 - 22 Leather Lane | £ 465,000 | 0.09 KM |
| 47a Hatton Garden | £ 475,000 | 0.25 KM |
| 15 Hatton Place | £ 1,650,000 | 0.30 KM |
| 11 Hatton Place | £ 915,000 | 0.30 KM |
| 46 Grays Inn Road | £ 1,400,000 | 0.34 KM |