Ideal buy-to-let close to St Pauls Square and major transport links.
- Large one-bedroom, approx. 775 sqft, larger than typical city one-beds
- Private balcony with canal views and lift access
- Chain free sale; EPC rating B
- Leasehold with circa 102 years remaining
- Annual service charge £2,717.16 and ground rent £200
- Electric room heaters (no communal gas heating)
- Situated near St Paul’s Square and major transport links
- Local area shows very high crime levels; factor insurance and tenant demand
Set on the second floor of the modern Islington Gates development, this sizeable one-bedroom apartment (c.775 sqft) offers clear canal views and a private balcony—appealing for buy-to-let investors or professionals seeking a central base. The property is chain free, has an EPC B rating and lift access, and sits within easy walking distance of St Paul’s Square and city transport links.
The flat benefits from double glazing and contemporary finishes from the 2003–2006 build era, giving a low-maintenance shell and immediate rental potential. Service access is good and communal security is provided. The apartment’s layout and square footage are larger than typical inner-city one-beds, creating scope to attract higher rental yields or to reconfigure for improved return.
Buyers should note material drawbacks: heating is electric room heaters rather than a communal gas system, and the annual service charge (£2,717.16) plus ground rent (£200) affect net yield. The area records very high crime levels, which may influence tenant demand and insurance costs. The lease has c.102 years remaining—adequate for now but important for long-term mortgage or resale planning.
Overall this is a practical city-centre investment with strong location and size advantages, balanced by higher running costs and local crime considerations. Prospective purchasers and landlords should verify utilities, appliances and building management details prior to purchase.
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