Leather Lane, Farringdon
KI

Leather Lane, Farringdon

By Kinleigh Folkard & Hayward - Sales

£ 500,000

Reviews

2 out of 5 stars

Kinleigh Folkard & Hayward - Sales says ..

A beautifully presented period conversion flat on Leather Lane, 400m from the Elizabeth Line at Farringdon and with excellent amenities and restaurants nearby. A chain-free sale.

Property Oracle says ..

This one-bedroom apartment in Farringdon, London, is situated in a highly desirable location, boasting excellent transport links via the nearby Farringdon station (Elizabeth Line) and close proximity to Holborn and Covent Garden. The property benefits from being near several well-regarded schools, making it an attractive choice for families, as well as being convenient for young professionals. The apartment itself is presented well, with modern interiors and a functional layout. The provided photos show a modern and clean living space, but the kitchen and bathroom appear to have an older style that could benefit from some refurbishment. A key drawback is the lack of any outdoor space, which is common for flats in central London. Overall, the property offers a good balance between location and amenities, although potential buyers should factor in the potential costs of updating the kitchen and bathroom and the lack of land into their decision-making process. Given the prevalent pricing in the immediate vicinity, the asking price seems reasonable within the current market. However, prospective buyers are advised to conduct independent valuations to ensure the value aligns with their expectations.

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
1
Bathrooms
1
Sqft (est)
497.29

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
1,154,000.00 £
Decreased by 22.25 %
from 1,484,333.00 £
Est sale value
756,875.38 £
Decreased by 9.35 %
from 834,949.91 £
Average area rental value
2,781.00 £/mo
Increased by 3.65 %
from 2,683.00 £/mo
Est letting value
1,491.87 £/mo
Unchanged by 0.00 %
from 1,491.87 £/mo
Est rental Yield
2.89 %
Increased by 33.18 %
from 2.17 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Kinleigh Folkard & Hayward - Sales created the listing.

Nearby Schools

NameTypeOfstedDistance
St Alban'S Church Of England Primary SchoolVoluntary Aided SchoolGood0.15 KM
1A Children'S CentreChildren's Centre0.39 KM
Christopher Hatton Primary SchoolCommunity SchoolOutstanding0.41 KM
University Of The Arts LondonHigher Education InstitutionsOutstanding0.78 KM
St George The Martyr Church Of England Primary SchoolVoluntary Aided SchoolOutstanding0.81 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Dorrington Street £ 000.00 KM
Beauchamp Street £ 000.00 KM
Gray's Inn Square £ 000.00 KM
South Square £ 000.00 KM
Farringdon Road £ 850,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Farringdon577ZFD0.49 KM
City Thameslink5121CTK0.95 KM
Blackfriars5112BFR1.15 KM
Waterloo East5158WAE1.77 KM
Waterloo5598WAT1.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
Baldwins Gardens, London £ 645,000BUY6 / 100.04 KM
Baldwins Gardens, Farringdon, London, EC1N £ 1,600,000BUYUnknown0.05 KM
Baldwins Gardens, London, EC1N £ 625,000BUY6 / 100.05 KM
Baldwins Gardens, London, EC1N £ 1,050,000BUY6 / 100.06 KM
Baldwins Gardens, Farringdon, London, EC1N £ 700,000BUYUnknown0.06 KM

Nearby Properties

AddressPriceDistance
20 - 22 Leather Lane £ 465,0000.08 KM
47a Hatton Garden £ 475,0000.17 KM
11 Hatton Place £ 915,0000.22 KM
15 Hatton Place £ 1,650,0000.22 KM
46 Grays Inn Road £ 1,400,0000.25 KM