Central one-bedroom near Farringdon, ideal for renovation or rental income.
Raised ground-floor one-bedroom, 434 sq ft
A well-proportioned one-bedroom apartment set on the raised ground floor of a gated Victorian block in the heart of Clerkenwell. At 434 sq ft the layout includes a spacious reception, separate kitchen, generous bedroom and a shower room — a practical central London home or rental unit with clear refurbishment potential.
The location is the main draw: Farringdon Station and Leather Lane are within easy walking distance, and a wide range of shops, cafés and markets are moments away. The building benefits from a communal heating scheme and the period brick exterior gives the block character, although internal finishes are dated and will need updating.
Important practical points: the property is leasehold and will be sold at auction, making it suitable for buyers comfortable with auction purchase terms. The building dates from the early 20th century and has solid brick walls (assumed uninsulated); the flat shows wear and would benefit from modernisation to unlock full value. Local crime levels are above average and the wider area records high deprivation — factors to weigh for owner-occupiers.
This apartment will appeal to first-time buyers seeking an affordable entry to Clerkenwell who are prepared to refurbish, or investors targeting a central rental let close to major transport links and local amenities.