Principal Tower, London EC2A
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Principal Tower, London EC2A

By JLL

£ 950,000

Reviews

3 out of 5 stars

JLL says ..

A West facing one-bedroom apartment with far reaching views across the City of London skyline, in this popular developments perfectly located between the financial hub of the City and amenities of both Spitalfields & Shoreditch.

Property Oracle says ..

This one-bedroom apartment in the Principal Tower, located in the desirable Hoxton East & Shoreditch area of Hackney, London, presents a compelling offering for buyers seeking modern city living. The apartment itself appears to be in immaculate condition, boasting contemporary design features, high-quality fixtures, and fittings, and floor-to-ceiling windows offering panoramic city views. The open-plan living area seamlessly integrates the living, dining, and kitchen spaces, creating a bright and airy ambiance. The kitchen includes modern appliances, and the bedroom is well-appointed. The modern bathroom is smartly designed with high-end finishes.

The property’s location within the Principal Tower provides proximity to excellent transportation links, including Liverpool Street station. The area is known for its vibrant atmosphere, trendy restaurants, and boutique shops. In addition, several highly-rated schools are located nearby. The lack of a garden or outdoor space is a significant drawback, however, typical for such high density, centrally located developments. This is a key consideration for potential buyers who value access to outdoor space.

While the list price of £950,000 appears reasonable given the location and condition of the property, detailed comparative market analysis of similarly sized and spec’d properties in the immediate vicinity would be beneficial to assess its precise value for money. The price per square foot should be examined against local comparable sales. The absence of a plot size from the given information makes an effective price per square foot analysis difficult and requires further investigation. The availability of amenities within the development itself would also influence the value for money appraisal. Overall, this property offers a sophisticated and convenient urban lifestyle but buyers should carefully assess their individual needs and priorities given the lack of private outdoor space.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
8
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
537.12

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
591,906.24 £
Decreased by 36.08 %
from 925,994.88 £
Average area rental value
2,869.00 £/mo
Increased by 1.88 %
from 2,816.00 £/mo
Est letting value
1,611.36 £/mo
Unchanged by 0.00 %
from 1,611.36 £/mo
Est rental Yield
4.28 %
Increased by 73.98 %
from 2.46 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • JLL marked this listing as sold.

  • JLL created the listing.

Nearby Schools

NameTypeOfstedDistance
The LyceumOther Independent School0.13 KM
Workers' Educational AssociationFurther EducationGood0.29 KM
Central Foundation Boys' SchoolVoluntary Aided SchoolOutstanding0.37 KM
St Monica'S Roman Catholic Primary SchoolVoluntary Aided SchoolGood0.67 KM
St John The Baptist Voluntary Aided Church Of England Primary SchoolVoluntary Aided SchoolOutstanding0.88 KM

Images

DSC_6398_web DSC_6392_web DSC_6386_web DSC_1114_web DSC_6430_web DSC_6371_web DSC_6407_web DSC_6409_web DSC_6379_web DSC_6433_web DSC_6445_web DSC_6452_web

Nearby Streets

NameAverage PriceAverage SqftDistance
Scrutton Street £ 000.00 KM
Clere Street £ 000.00 KM
Christopher Street £ 000.00 KM
Singer Street £ 000.00 KM
Whitecross Place £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Liverpool Street6965LST0.60 KM
Old Street6003OLD0.65 KM
Moorgate6005MOG0.80 KM
Shoreditch High Street1024SDC0.89 KM
Hoxton1023HOX1.26 KM

Nearby Listings

AddressPriceTypeScoreDistance
Principal Tower, Shoreditch High Street, Shoreditch, London, EC2A, United Kingdom £ 3,250,000BUY6 / 100.00 KM
Worship Street, London, EC2A £ 1,250,000BUY6 / 100.00 KM
2 Principal Place , London, EC2A 2FD £ 700,000BUYUnknown0.00 KM
Principal Tower, Worship Street, London, EC2A £ 1,550,000BUY6 / 100.00 KM
Principal Place, Worship Street, London, EC2A £ 9,900,000BUY7 / 100.00 KM

Nearby Properties

AddressPriceDistance
30a Scrutton Street £ 1,000,0000.08 KM
30 Scrutton Street £ 122,5000.08 KM
24 Holywell Row £ 1,675,0000.10 KM
6a Ravey Street £ 70,0000.23 KM
89 Paul Street £ 1,000,0000.27 KM