Summary - City Road, EC1V EC1V 1AP
1 bed 1 bath Flat
Modern 1-bed shared ownership flat beside City Road canal, chain free.
Canal-side fifth-floor apartment with clear city and water views
A bright fifth-floor one-bedroom apartment set beside the City Road canal basin, offered as a 25% shared ownership. The open-plan reception and generous double bedroom make efficient use of the apartment’s 469 sq ft, while large windows deliver city and canal views and plenty of natural light. The bathroom and overall finish are modern and move-in ready, and the building benefits from an EPC rating of B.
This chain-free purchase is managed by Clarion and is aimed at buyers taking a first step on the ladder. The home has long leasehold tenure (approximately 113–115 years remaining) and practical amenities include a residents’ gym and sauna (optional extra). Transport links and local shops, cafes and cultural venues are a short walk away, making it well placed for inner-city commuting and leisure.
Key running costs and obligations are important to note: service charges are around £295 per month (c. £3,543.84 yearly) with an annual ground rent of £250; shared ownership rent at the minimum 25% share is c. £873.33 pcm. Heating is via a community scheme. Council Tax band D applies. These ongoing costs and shared-ownership criteria (minimum income guidance supplied) should be reviewed before proceeding.
Overall, this apartment suits a buyer seeking a modern, low-maintenance city pied-à-terre or an affordable route into Clerkenwell living. It offers good local amenities, strong transport connections and the security of a well-presented development, balanced against the recurring charges and shared-ownership commitments that come with the tenure.
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1 bedroom flat for sale in Macclesfield Road, Clerkenwell, London, EC1V — £140,000 • 1 bed • 1 bath • 596 ft²
1 bedroom apartment for sale in Fable Apartments, 261c City Road, London, EC1V — £410,000 • 1 bed • 1 bath • 477 ft²
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