Summary - CAVENDISH MANSIONS FLAT 46 CLERKENWELL ROAD LONDON EC1R 5DH
2 bed 1 bath Apartment
Central location with character finishes and fast transport links.
Compact 2-bedroom, 439 sqft — efficient city living
Set on Clerkenwell Road, this compact 2-bedroom apartment (439 sqft) offers a well-presented interior and direct access to the City, Bloomsbury and King's Cross transport links. Exposed brick, hardwood floors and a bay-windowed bedroom give the flat character and a contemporary feel within a period building.
The property is offered through the Modern Method of Auction. Buyers must complete within a 56-day reservation period, pay a non-refundable reservation fee of 4.5% (minimum £6,600) and a Buyer Information Pack fee of up to £349. These additional costs and the undisclosed reserve price make this most suitable for cash-ready buyers or investors comfortable with auction terms. Leasehold tenure with 109 years remaining and an annual service charge of around £3,053 should be considered in affordability calculations.
Practical points: mains gas (community heating), fast broadband and excellent mobile signal suit commuters and home workers. The building dates from before 1900 and appears to have solid brick walls with no assumed insulation — there may be scope or cost for thermal improvements. Local crime levels are reported as very high; prospective purchasers should factor this into security and insurance considerations.
This apartment will appeal to investors or buyers seeking a central, characterful pied-à-terre with good transport links, rather than those seeking a large family home. Carrying out full due diligence, including surveys and enquiries about building management and any additional leasehold costs, is strongly advised before bidding.
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