Characterful one‑bed close to Farringdon Station with long lease and strong transport links.
Long lease c. 973 years — mortgage/let-friendly
525 sq ft; separate kitchen, bright reception, large double bedroom
Grade II listed Victorian building — consents needed for alterations
Service charge approx. £2,575 p.a.; ground rent approx. £300 p.a.
Council Tax Band E — above-average running cost
Adjacent to Farringdon Station; excellent transport and broadband
Very high local crime rate — important safety consideration
Double glazing (installed pre-2002); community electric heating
Set on the fourth floor of a distinctive Grade II red-brick Venetian/Gothic building on Farringdon Road, this compact one-bedroom flat offers bright, well-proportioned rooms and strong transport links. The apartment’s original multi‑pane windows provide generous natural light and period character, while the layout — separate kitchen, sizeable double bedroom with fitted wardrobes and a large bathroom — works well for a single occupant or couple. At approximately 525 sq ft the accommodation is efficient and low-maintenance.
The property’s location is a clear strength: adjacent to Farringdon Station with direct connections across London and to all London airports, plus anticipated retail investment close by. Broadband and mobile signals are excellent, and local amenities — shops, cafés and transport — are immediate. A long lease (c. 973 years) removes common leasehold uncertainty, making the flat straightforward to mortgage or let.
There are material considerations to note. The building’s listed status means any external or heritage‑related works will require consents and could limit alterations. Service charges are approx. £2,575 per annum with ground rent c. £300 per annum and Council Tax at Band E (above average). The area records very high crime levels, an important factor for buyers and investors to weigh alongside the central location.
Overall this is a well-presented, characterful city flat offering long lease security, convenient transport and rental appeal, balanced by the constraints and costs that come with a listed central‑London building and local crime statistics.