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See how verdicts work2-bedroom flat · EC1V 1AD
For saleListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two bedroom apartment extending to approximately 855 sq ft, positioned within the iconic Canaletto Tower on City Road.
The apartment offers a generous open plan living, dining and kitchen space with a substantial kitchen island, floor to ceiling windows and access to a covered private balcony overlooking the City Road Basin.
The principal bedroom enjoys fitted storage and a four piece ensuite bathroom, while the second bedroom is well proportioned and served by a separate contemporary three peice bathroom.
Residents of Canaletto benefit from an exceptional collection of facilities including a 24-hour concierge, swimming pool, sauna, steam room, gymnasium, cinema room, residents' lounge with snooker table, spa treatment rooms and a residents' bar and terrace on the 24th floor.
Canaletto is a landmark development positioned on City Road beside Regent's Canal (0.1 miles), ideally located between Shoreditch (1.0 mile), Islington (0.8 miles) and Clerkenwell (0.6 miles).
Residents are also within reach of Shoreditch Park (0.5 miles), Upper Street (0.8 miles), Exmouth Market (0.9 miles), Columbia Road Flower Market (1.0 mile), Brick Lane (1.3 miles), Spitalfields Market (1.4 miles) and Liverpool Street (1.5 miles).
The property is exceptionally well connected with Old Street Station (0.4 miles), Angel Station (0.5 miles), Barbican Station (0.9 miles), Moorgate Station (0.8 miles) and King's Cross St Pancras (1.8 miles) all nearby, providing access to the Northern, Circle, Metropolitan, Hammersmith & City and Elizabeth lines, Thameslink services and National Rail connections.
Canaletto also enjoys immediate access to the Regent's Canal towpath (0.1 miles), providing a scenic route towards Angel (0.8 miles), Granary Square (1.7 miles) and Broadway Market (1.8 miles).
The property has a valid EWS1 certificate with a B1 rating. Purchasers should note that this expires in April 2031. Please note all distances are approximate. Source:
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
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FAQ
About Flat 304, Canaletto Tower, 257, City Road, London
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