Summary - Macclesfield Road, EC1V EC1V 8DJ
1 bed 1 bath Not Specified
Modern studio with balcony and communal gardens — ideal shared-ownership starter in Clerkenwell..
- 30% shared ownership; accessible entry to homeownership
- Generous open-plan reception / sleeping space with dining area
- Private west-facing balcony and large bathroom
- High-spec finish and ample built-in storage throughout
- Beautiful communal gardens within the development
- 118 years remaining on lease; EPC rating B
- Average service charge £3,500.88 per year; rent £931.29 pcm
- Local area: higher crime and classed as deprived (be aware)
A bright, modern studio-style apartment in Clerkenwell, offered as 30% shared ownership, makes city living more affordable for a first-time buyer. The open-plan layout provides a generous eat-in dining/sleeping area, large bathroom and excellent built-in storage, finished to a high specification throughout.
The apartment benefits from a private west-facing balcony, large windows and access to well-kept communal gardens — rare for central locations — plus fast broadband and excellent mobile signal. Transport is straightforward with Angel and Old Street stations close by, and the building holds an EPC rating of B. The lease has 118 years remaining, offering long-term security for a buyer.
Buyers should factor ongoing costs into their budget: the development's average service charge is £3,500.88 per year, and the current shared-ownership rent is £931.29 monthly (rent £639.55 + service charge element £291.74). Heating is provided via a community scheme, and the property is leasehold.
Be transparent about local context: the immediate area records higher crime levels and is classed as deprived, which may concern some buyers. The flat’s modern finish and central position do, however, offer a practical entry point to Clerkenwell with clear potential for comfortable city living or future staircasing in the shared ownership scheme.
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