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Letting Fee Information

Lettings Fees Administration & Contract Fees £150 plus VAT for a single person letting.

For all tenancy or lettings for 2 or more people is £100 plus VAT per person.

Under Offer 1 Bedroom 1 Bathroom 1 Reception £425,000

Clerkenwell Road, Clerkenwell, EC1R - £425,000

A one bedroom apartment set on the second floor of a well known Victorian period building on the borders of Bloomsbury and Clerkenwell. Cavendish Mansions is an 1880s brick-built, local authority block with a high level of private ownership. There is controlled access through a fob and entry-phone system to enter Cavendish Mansions and a secure entry-phone system and lift for each individual block.

This apartment has been renovated in a sympathetic manner for the age of the building combined with a stylish modern finish. High ceilings and wooden floors throughout. The reception has a feature sash window with bespoke internal secondary glazing. The bedroom also has a feature sash window. Separate fully fitted kitchen with windows and a modernised bathroom with shower above the bath.

Opposite the block is Grays Inn and the picturesque, early Georgian Streets that were built near to the legal district including Lambs Conduit Street, Doughty Street and Bedford Row. The Brunswick Centre with the large Waitrose and Saturday farmers market is the closest main shopping area. Clerkenwell has many established restaurants and bars including those on St John Street and around Smithfield Market. Covent Garden to the west, Angel to the north and Shoreditch to the east are all easily reached.

Located 5 minutes walk from Chancery Lane underground or Farringdon rail and underground station and under 10 minutes walk to Holborn or Russell Square underground stations there is very easy access to the West End or the City. The Kings Cross St Pancras transport hub with the Eurostar terminal is only fifteen minutes walk.

The location has excellent potential for fast and high capital growth. The huge transformation and development of Kings Cross St Pancras with the Eurostar terminal has had a dramatic effect on the property values of the surrounding area. Farringdon has already seen above market growth for the last 4 years as the impact of Crossrail begins to tell. It will be a unique station with north/south connections between Luton and Gatwick airports via the Thamseslink line and Crossrail will add Heathrow and City airports. The fast access to Canary Wharf is possibly even more significant to rental and capital values in the future.

This is an area of very high demand for renting and our estimated rental value would be £400 per week / £1750.00 pcm although in busy periods higher rents should be achieved. Long leasehold title. £2000 pa service charge that includes cost of heating and hot-water. Due to current and expected high capital growth and continued high rental demand this is an attractive investment opportunity, a incredibly convenient pied-a-terre or a fantastic apartment for a first time buyer.
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IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.