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See how verdicts work3-bedroom flat · EC1V 2AB
For saleListed 1526 days
Opportunity summary
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About
A 3 Bedroom apartment, measuring approximately 1335 sqft.
Located between Old Street and Angel underground stations, 250 City Road is a landmark Zone 1 development designed by world renowned Architects Foster + Partners.
These spectacular apartments and penthouses offer stunning landscape garden views as well as a host of residents’ facilities including a gym and terrace, luxurious 20- metre swimming pool and spa; concierge facilities and residents’ lounge, games rooms & reading room.
Two acres of landscaping at the heart of the scheme plays host to cafes, restaurants, retail outlets, workspaces and a 4* hotel.
DEVELOPMENT BREAKDOWN Phase 1 Carrara Tower : 289 – 42 storeys Phase 2 Valencia Tower : 224 – 36 storeys Phase 3 Siena & Vermont: 128 – 7 storeys ESTIMATED COMPLETION Valencia Tower: Levels 8 – 16 Q2/3 2023 & Levels 17 – 25 Q3/Q4 2023 Levels 26 - 33 Q1/Q2 2024 Penthouse & Hoist Apartments: Q3/Q4 2024 Siena : Q4/23 – Q1/24 LOCAL AUTHORITY Zone 1 - Islington Lease: 999 years (starting from 2019) Service Charge: Estimated at £6.30/sqft per annum for apartments (subject to change) Car Parking: £50,000 per ‘right to park’ in secure underground car parking space, available on selected plots only (service charge of £553 PA subject to change) Estimated Completion Dates: Q4 2023 – Q1 2024 FACILITIES • Luxurious 20-metre pool and spa with Jacuzzi, sauna, steam room & treatment room • Gym • Residents Lounge • 24 hour Concierge & Security • Business Lounge: Opening Q2/Q3 2023 • Screening & karaoke room: Opening Q2/Q3 2023 • Reading room Opening Q2/Q3 2023 • Games room Opening Q2/Q3 2023 • 7th floor roof terrace • Wi-Fi enabled 1.9 acres public realm • 78,000 sqft of Office Space • 1,400 Bicycle storage • 13 Retail Outlets • 4* 190 bedroom Hotel Nhow (NH Group) AREA GUIDE Centrally located in Zone 1, City Road is ideally placed for both work and leisure.
At the northern end of City Road lies Angel Islington, one of the most restaurant[1]dense areas in the capital. Also known for its cinemas, theatres and music venues, Islington has plenty to offer.
At the southern end of City Road, you will find Shoreditch, famous for its street art, pop-up galleries and fashion outlets.
Right on the doorstep of City Road, Regent’s Canal offers a break from city life.
Scattered with cafés, this picturesque stretch of waterway is a true gem of central London; perfect for a stroll next to the canal boats or to soak up the architecture of old industrial London.
Drawing on the popularity of both Islington and Shoreditch, City Road is now emerging as a destination in its own right.
Tech City, also known as Silicon Roundabout, encompasses the area between Old Street and Shoreditch.
This area is now the World’s third largest technology start-up cluster after San Francisco and New York City, it is also No.1 in Europe.
TRANSPORT LINKS – Zone 1 • Old Street Station 0.4miles / 8 minute walk Northern Line and National Rail • Angel Station 0.4miles / 8 minute walk Northern Line • Farringdon Station 0.8 mile / 17 minute walk Metropolitan Line & Cross Rail (Bond Street 4 minutes, Canary Wharf 8 minutes, Heathrow Airport 33 minutes) • London Liverpool Street 1.1 miles / 23 minutes walk Central line, Circle line, Hammersmith & City, Metropolitan line, Overground and Cross Rail.
UNIVERSITIES • City University London – 5 minute walk • University of Arts – 9 minute walk • Cass Business School – 14 minute walk • LSE – 12 minute drive, 25 minutes by public transport • Kings College – 25 minutes by public transport • UCL - 11 minute drive BUSINESSES IN LOCAL AREA Tech City, also known as Silicon Roundabout, encompasses the area between Old Street and Shoreditch.
This area is now the World’s third largest technology start-up cluster after San Francisco and New York City, it is also No.1 in Europe.
• We Work – 0.5 miles • Facebook – 2 miles • Monzo – 1 mile • White Collar Factory – 0.6 miles - 237,000 sq ft of office space • YouTube - 1.6 miles • Cisco – 2.2 miles • Expedia – 0.5 miles • Google – 1.6 miles • Amazon – 1.1 miles LANDSCAPE DESIGN Gillespiesis a multi-design practice that embraces master planning, urban and landscape design.
They are committed to the creation of places that respond to their community, tackling some of the largest and most complex commissions available including the Crossrail project, St Giles Urban Realm at Tottenham Court Road and Canary Wharf Station’s rooftop park.
Disclaimer Felicity J Lord Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Felicity J Lord Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 250, City Road, London, EC1V
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