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 %
- Est sale value
- 2,337,398.91 £Increased by 54.34 %
- Average area rental value
- 2,264.00 £/moIncreased by 11.14 %
- Est letting value
- 10,118.61 £/moIncreased by 200.00 %
- Est rental Yield
- 5.55 %Increased by 4.52 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Strettons Auctions created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Moreland Children'S Centre | Children's Centre | 0.30 KM | |
| Moreland Primary School | Community School | Good | 0.36 KM |
| Hanover Primary School | Community School | Good | 0.37 KM |
| City University | Higher Education Institutions | 0.37 KM | |
| Nas Vanguard School | Free Schools Special | 0.42 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| New Charles Street | £ 0 | 0 | 0.00 KM |
| Spencer Street | £ 0 | 0 | 0.00 KM |
| Earlstoke Street | £ 635,000 | 0 | 0.00 KM |
| Goswell Place | £ 0 | 0 | 0.00 KM |
| Colinsdale | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Essex Road | 6004 | EXR | 1.22 KM |
| Farringdon | 577 | ZFD | 1.28 KM |
| Old Street | 6003 | OLD | 1.52 KM |
| Highbury And Islington | 6009 | HHY | 1.71 KM |
| City Thameslink | 5121 | CTK | 1.92 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Angel Village, 320 City Road, London, EC1V | £ 571,500 | BUY | 6 / 10 | 0.04 KM |
| The Penthouse, 205 City Road, London EC1V 1AT | £ 9,000,000 | BUY | Unknown | 0.05 KM |
| Langdon Court, City Road, London, EC1V | £ 475,000 | BUY | 5 / 10 | 0.05 KM |
| Carrera Tower, Clerkenwell, London, EC1V | £ 950,000 | BUY | 6 / 10 | 0.07 KM |
| Sudeley Street, London, N1 | £ 2,250,000 | BUY | 6 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 16d Nelson Terrace | £ 380,000 | 0.08 KM |
| 16a Nelson Terrace | £ 358,000 | 0.08 KM |
| 14 Nelson Terrace | £ 760,000 | 0.08 KM |
| 9 Nelson Terrace | £ 1,525,225 | 0.08 KM |
| 2 Nelson Terrace | £ 950,000 | 0.08 KM |