Affordable central one-bedroom with strong transport links and refurbishment potential.
Raised ground-floor one-bedroom flat, 434 sq ft (40.3 sqm)
A well-proportioned one-bedroom flat on the raised ground floor of a gated, purpose-built block in Clerkenwell, offering an affordable central London entry point. The reception room is spacious for the size, with a separate kitchen and a generous bedroom; the layout suits a single buyer or couple seeking a compact city base.
The property is offered at online auction (23 October 2025) and sold leasehold. Practical considerations include a shower room rather than a bath, an EPC rating of D, and communal heating from a mains gas community scheme. The building dates from the early 20th century with solid brick walls and limited built-in insulation, so some thermal and cosmetic improvement could be required.
Location is a key selling point: moments from Clerkenwell Road and Leather Lane amenities, with Farringdon station within easy reach for rapid city and national connections. The flat’s size and condition make it suitable for a first-time buyer seeking a central pied-à-terre or an investor targeting short-term lets following refurbishment, but note the local area faces higher crime and marked deprivation indices.
Bidders should factor in auction timings, leasehold terms, and potential maintenance or retrofit costs (insulation, heating optimisation, cosmetic upgrades). Viewing is by appointment; interested buyers should review legal documents before bidding to confirm exact lease details and any service charges.