Principal Tower, City, London, EC2A
FO

Principal Tower, City, London, EC2A

By Foxtons

£ 1,325,000

Reviews

3 out of 5 stars

Foxtons says ..

A stunning 2 bedroom apartment situated on the 6th floor of a Foster and Partners development boasting bright and contemporary accommodation with a private balcony.

Property Oracle says ..

Location: The property is located in the Principal Tower, Worship Street, in the Hoxton East & Shoreditch area of Hackney, London. This area is known for its trendy atmosphere, vibrant cultural scene, and proximity to excellent transportation links. Shoreditch High Street Overground station is just 0.42km away, and Liverpool Street station (National Rail) is 0.54km away, providing easy access to the rest of London. The presence of several well-regarded schools within a reasonable distance further enhances the desirability of the location for families.

Condition: Based on the provided images, the property appears to be in excellent condition. The interior is modern, well-maintained, and stylishly decorated. The finishes are high-quality, and the apartment shows no signs of wear or needing any repairs or renovations.

Land: While the property is a flat, it does include a balcony offering outdoor space. The plot size is listed as 911 sqft, which is relatively small for a London property but provides some private outdoor area.

Price: The list price of £1,325,000 for a 726.80 sqft flat seems reasonable when compared to the average price per sqft in the area (£1,795.00). The average price for properties in the area is £1,355,507, which is slightly higher than the listed price. However, the condition of the property and its modern finishes may justify the slightly lower price compared to the average. Nearby comparable listings show a wide range of prices, indicating some price variability in the area, but the price of this property falls within a reasonable range.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
10
Location
9
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
726.80
Lot (est)
911.00

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
804,500.00 £
Decreased by 41.52 %
from 1,375,763.00 £
Est sale value
800,933.60 £
Decreased by 36.08 %
from 1,253,003.20 £
Average area rental value
2,869.00 £/mo
Increased by 1.88 %
from 2,816.00 £/mo
Est letting value
2,180.40 £/mo
Unchanged by 0.00 %
from 2,180.40 £/mo
Est rental Yield
4.28 %
Increased by 73.98 %
from 2.46 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Foxtons created the listing.

Nearby Schools

NameTypeOfstedDistance
Workers' Educational AssociationFurther EducationGood0.34 KM
The LyceumOther Independent School0.59 KM
Virginia Primary SchoolCommunity SchoolOutstanding0.62 KM
St Monica'S Roman Catholic Primary SchoolVoluntary Aided SchoolGood0.74 KM
Christ Church Cofe SchoolVoluntary Aided SchoolGood0.84 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Broadgate Plaza £ 3,594,00000.00 KM
Shoreditch High Street £ 000.00 KM
Commercial Street £ 000.00 KM
Spital Yard £ 000.00 KM
King John Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Shoreditch High Street1024SDC0.42 KM
Liverpool Street6965LST0.54 KM
Hoxton1023HOX1.11 KM
Fenchurch Street7490FST1.16 KM
Old Street6003OLD1.16 KM

Nearby Listings

AddressPriceTypeScoreDistance
Principal Tower, Worship Street, London, Greater London, EC2A £ 1,800,000BUYUnknown0.00 KM
Principal Tower, City, London, EC2A £ 1,325,000BUY7 / 100.00 KM
Worship Street, London, EC2A £ 1,100,000BUYUnknown0.00 KM
Principal Place, Worship Street, EC2A £ 3,155,000BUYUnknown0.00 KM
2 Principal Place, Worship Street, London, Greater London, EC2A £ 1,280,000BUYUnknown0.00 KM

Nearby Properties

AddressPriceDistance
26 Folgate Street £ 164,9500.20 KM
26 Curtain Road £ 260,0000.21 KM
30 Elder Street £ 2,625,0000.24 KM
17 Elder Street £ 920,0000.24 KM
5 Elder Street £ 1,850,0000.24 KM