Affordable shared ownership foothold close to Barbican and Moorgate transport links.
- Recently renovated one-bedroom; engineered oak flooring throughout
- Top floor (5th) apartment with city-facing views
- EWS1 compliant; modern kitchen and fully tiled bathroom
- Shared ownership sale — 25% share available
- Lease length: 109 years remaining
- High service charge: £6,811 per year
- Monthly rent on retained share approx. £997
- Area: excellent transport, very high local crime rate
A recently refurbished one-bedroom apartment on the fifth floor, ideal for a first-time buyer seeking an affordable City base. The flat has engineered oak flooring, a modern fitted kitchen, bespoke wardrobes and a fully tiled bathroom with a large shower. The building is EWS1 compliant and benefits from fast broadband and excellent mobile signal.
The location puts you between Smithfield, the Barbican and Clerkenwell — close to restaurants, bars, Waitrose and major transport hubs including Barbican and Moorgate (Circle, Metropolitan, Hammersmith & City, Northern and Elizabeth lines). The area is well served for everyday shops and cultural destinations, with the Museum of London redevelopment and local improvements adding future footfall.
Practical details important to buyers: this is a shared ownership sale (25% share for sale) with a lease remaining of 109 years. Service charge is high at approximately £6,811 pa and there is a monthly rent on the unsold share (circa £997 pcm). Heating is provided by a communal electric scheme.
Considerations: the flat is compact (about 511 sq ft) and sits in an inner-city area with very high local crime statistics — factor this into security and insurance decisions. The property is suitable for single occupants or couples wanting a central London foothold rather than families seeking outdoor space.
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