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See how verdicts work1-bedroom flat · EC1V 1AP
For saleListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This stylishly-presented apartment is on the fifth floor and has a reception room with floor-to-ceiling windows and an open-plan kitchen with pale units and a contrasting, dark worktop.
The bedroom includes a built-in wardrobe and there is an additional storage/utility cupboard in the hallway. The bathroom is spacious and attractive.
Fable Apartments is part of a modern development, with smart communal areas and residents' cycle store, located alongside City Road Basin.
Well insulated walls, high performance glazing and a communal heating and hot water system make for very good energy-efficiency ratings.
Residents of the development can make use of a high-spec gym/spa at a low monthly cost.
Nearby Graham Street Garden provides pleasant outside space, Angel and Old Street are only a short walk away and the heart of The City is within easy reach.
Tenure: Leasehold (125 years from 01/11/2015). Service Charge: £302.27 per month plus optional £30pcm for gym/spa (both figures subject to annual review). Ground Rent: £250.00 for the year.
Council Tax: Band D, London Borough of Islington. Please Note: This property is currently part-owned by Clarion Housing Association but is offered as a 100% open-market sale.
Upon completion, the full leasehold title would transfer to the buyer. This property is offered for sale in the condition seen.
The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing.
As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves.
The information in this document supersedes any information given verbally either in person or by telephone.
Pets may be permitted but only with prior consent from Clarion (which can only be obtained once you are the property owner). There is no parking space offered with this property.
Reception 15' 5" x 14' 6" max. (4.70m x 4.41m) Kitchen Included in reception measurement Bathroom 7' 2" max. X 7' 0" max. (2.18m x 2.13m) Bedroom 11' 0" x 11' 0" (3.35m x 3.35m)
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About Flat Eighty Two, Fable Apartments, London
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