Summary - 352 CITY ROAD LONDON EC1V 2PY
28 bed 1 bath Not Specified
Spacious conversion opportunity in Angel near major transport and amenities.
- Central Angel location with excellent transport and local amenities
- Freehold tenure with substantial basement and service areas
- 28 rooms ideal for multi‑let or redevelopment potential
- Quoted annual income of £348,000 indicating investment yield
- Only one bathroom listed; significant works needed for multiple occupants
- Solid brick walls likely uninsulated; thermal upgrade required
- Area classified as deprived with high local crime rates
- Small overall internal area (1,316 sq ft); planning constraints likely
This mid‑terrace City Road property offers a rare central London investment with flexible accommodation across multiple floors. Its 28 rooms and substantial basement space suit conversion to multi‑let units, a boutique house-share, or serviced accommodation, and the quoted annual income of £348,000 demonstrates strong revenue potential. The freehold tenure and excellent transport links in Angel add long‑term appeal for investors and developers.
The building dates from the early 20th century and retains period features and high ceilings, giving scope for high‑value conversions. The site includes continuous frontage (nos. 352–358) and rear yards; the basement provides extensive ancillary space for plant, storage or communal facilities — useful when reconfiguring multiple flats or commercial units. Good natural light is shown to most rooms on the plans and the setting is an active urban parade with many local amenities.
Important negatives are clear and material: the overall internal area is relatively small by suburban standards (total 1,316 sq ft shown), there is only one bathroom listed against 28 bedrooms as described, and the building appears to have solid brick walls with no insulation assumed. The area is classified as deprived with high local crime rates, and council tax is above average. Substantial refurbishment or comprehensive redevelopment will be required to meet modern housing standards and licencing if used for HMOs or short‑let units.
This property suits an experienced investor or developer who understands central London planning and HMO/serviced accommodation markets. Viewing is recommended to assess structural condition, services, and realistic unit yield; planning advice should be sought early to confirm permitted uses and any opportunity to increase lettable area within the terrace footprint.
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