319 City Road, Islington, London, EC1V 1LJ
ST

319 City Road, Islington, London, EC1V 1LJ

By Strettons Auctions

£ 2,300,000

Reviews

2 out of 5 stars

Strettons Auctions says ..

FOR SALE BY AUCTION ON 20th February at 12:00 £2,300,000 Plus FREEHOLD RESIDENTIAL INVESTMENT PROPERTY CONSISITING OF FIVE SELF CONTAINED APARTMENTS CURRENTLY PRODUCING AN ANNUAL INCOME OF £125,496.

Property Oracle says ..

This seven-bedroom, seven-bathroom property located at 319 City Road, Islington, presents a compelling proposition within the London property market. Situated in the highly sought-after Islington borough, the property benefits from excellent connectivity and a lively urban lifestyle. Angel station is nearby, offering convenient access to central London via the Northern line. Upper Street is also easily accessible, providing a wealth of shopping, dining, and entertainment opportunities. The presence of well-regarded primary schools in the vicinity adds to the property’s appeal for families.

The property itself, judging from the available photographs, appears to have undergone a significant renovation or refurbishment. The interior showcases a contemporary style, with modern kitchens and bathrooms. The use of light colours and tasteful decor creates a bright and airy ambiance. However, detailed images are lacking and a thorough property survey would be necessary to ascertain the full extent of the renovation and uncover any potential underlying issues.

One significant drawback is the absence of a garden or any substantial outdoor space. This is a common limitation for properties in such central locations, but it could prove a significant factor for some prospective buyers who value outdoor space.

In terms of pricing, the listing price of £2,300,000 seems competitive given Islington’s prime location and the property’s size and amenities. Comparative data is rather limited, however nearby terraced house sales on Nelson Terrace show sales over £1 million, providing some degree of price validation. A professional valuation should be sought to confirm this pricing before any purchase decision is made. Furthermore, the limited information available regarding the property’s leasehold/freehold status should also be ascertained.

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
7
Location
8
Land
1
Bedrooms
7
Bathrooms
7
Sqft (est)
3,372.87

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
489,766.00 £
Increased by 6.36 %
from 460,462.00 £
Est sale value
2,337,398.91 £
Increased by 54.34 %
from 1,514,418.63 £
Average area rental value
2,264.00 £/mo
Increased by 11.14 %
from 2,037.00 £/mo
Est letting value
10,118.61 £/mo
Increased by 200.00 %
from 3,372.87 £/mo
Est rental Yield
5.55 %
Increased by 4.52 %
from 5.31 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Strettons Auctions created the listing.

Nearby Schools

NameTypeOfstedDistance
Moreland Children'S CentreChildren's Centre0.30 KM
Moreland Primary SchoolCommunity SchoolGood0.36 KM
Hanover Primary SchoolCommunity SchoolGood0.37 KM
City UniversityHigher Education Institutions0.37 KM
Nas Vanguard SchoolFree Schools Special0.42 KM

Images

NOT TO SCALE FOR INFORMATION ONLY © ES100004608 NOT TO SCALE FOR INFORMATION ONLY © ES100004608

Nearby Streets

NameAverage PriceAverage SqftDistance
New Charles Street £ 000.00 KM
Spencer Street £ 000.00 KM
Earlstoke Street £ 635,00000.00 KM
Goswell Place £ 000.00 KM
Colinsdale £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Essex Road6004EXR1.22 KM
Farringdon577ZFD1.28 KM
Old Street6003OLD1.52 KM
Highbury And Islington6009HHY1.71 KM
City Thameslink5121CTK1.92 KM

Nearby Listings

AddressPriceTypeScoreDistance
Angel Village, 320 City Road, London, EC1V £ 571,500BUY6 / 100.04 KM
The Penthouse, 205 City Road, London EC1V 1AT £ 9,000,000BUYUnknown0.05 KM
Langdon Court, City Road, London, EC1V £ 475,000BUY5 / 100.05 KM
Carrera Tower, Clerkenwell, London, EC1V £ 950,000BUY6 / 100.07 KM
Sudeley Street, London, N1 £ 2,250,000BUY6 / 100.08 KM

Nearby Properties

AddressPriceDistance
16d Nelson Terrace £ 380,0000.08 KM
16a Nelson Terrace £ 358,0000.08 KM
14 Nelson Terrace £ 760,0000.08 KM
9 Nelson Terrace £ 1,525,2250.08 KM
2 Nelson Terrace £ 950,0000.08 KM