Winkworth says ..
This beautifully converted one-bedroom apartment is nestled on the renowned Princelet Street, adjoining to the historic Brick Lane, in the heart of Spitalfields. Once operating as a brewery, the Alma building is now a local landmark and was restored to a high standard in 2019.
Property Oracle says ..
This property is a one-bedroom flat located in the Spitalfields & Banglatown area of London. The area benefits from being close to several transport links, including Shoreditch High Street Overground station (0.75km) and Whitechapel Underground station (1.08km), providing convenient access to central London. There are also a number of well-regarded schools within a reasonable distance, such as St Anne’s and Guardian Angels Catholic Primary School (0.23km) and Christ Church Cofe School (0.29km). The property itself appears to be in excellent condition, having undergone a modern refurbishment. The interior is contemporary and well-presented. However, the property does not have a garden (plot size 0.00 sqft). The list price of £485,000 seems reasonable when compared to similar properties in the area. While nearby properties on Princelet Street command significantly higher prices (upwards of £1.4 million), other comparable one-bedroom flats in the immediate vicinity have sold for prices closer to the list price. The lack of plot size is a factor to consider, but the property’s condition, location, and proximity to amenities likely justify the asking price.
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
- 9
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 413.00
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
- 650,000.00 £Decreased by 4.52 %
- Est sale value
- 382,025.00 £Increased by 11.04 %
- Average area rental value
- 2,512.00 £/moIncreased by 3.16 %
- Est letting value
- 1,239.00 £/moIncreased by 50.00 %
- Est rental Yield
- 4.64 %Increased by 8.16 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Winkworth created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Anne'S And Guardian Angels Catholic Primary School | Voluntary Aided School | Good | 0.23 KM |
| Christ Church Cofe School | Voluntary Aided School | Good | 0.29 KM |
| Montefiore Children'S Centre | Children's Centre Linked Site | 0.29 KM | |
| The Complete Works | Other Independent School | Good | 0.35 KM |
| London East Academy | Other Independent School | Good | 0.48 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hanbury Street | £ 0 | 0 | 0.00 KM |
| Shuttle Street | £ 0 | 0 | 0.00 KM |
| Spring Walk | £ 750,000 | 0 | 0.00 KM |
| Three Colts Corner | £ 0 | 0 | 0.00 KM |
| Whitechurch Passage | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Shoreditch High Street | 1024 | SDC | 0.75 KM |
| Whitechapel | 4935 | ZLW | 1.08 KM |
| Bethnal Green Rail | 6961 | BET | 1.19 KM |
| Liverpool Street | 6965 | LST | 1.33 KM |
| Fenchurch Street | 7490 | FST | 1.38 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Princelet Street, London, E1 | £ 550,000 | BUY | 7 / 10 | 0.02 KM |
| Vollasky House, Daplyn Street, Shoreditch, E1 | £ 340,000 | BUY | 6 / 10 | 0.05 KM |
| Hanbury Street, Shoreditch | £ 550,000 | BUY | 6 / 10 | 0.06 KM |
| Casson Street, Brick Lane, London, E1 5JJ | £ 425,000 | BUY | 5 / 10 | 0.06 KM |
| Princelet Street, London, E1 | £ 1,650,000 | BUY | 5 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 32 Princelet Street | £ 1,420,000 | 0.13 KM |
| 38 Princelet Street | £ 1,400,000 | 0.13 KM |
| 29 Princelet Street | £ 1,500,000 | 0.13 KM |
| 13 Heneage Street | £ 335,000 | 0.14 KM |
| 34 Princelet Street | £ 1,900,000 | 0.14 KM |