£500,000
2 bed flat for saleBourne Estate, Portpool Lane, London EC1N
2 beds
1 bath
1 reception
EPC Rating: C
Chain free
Leasehold
About this property
Ideal for buy-to-let investors
Estimated rent of £2,500 or 5.5% yield
Two bedrooms
Low-rise 'Red Brick' ex-local authority
Walking distance to 'The City' Fantastic transport links
No onward chain
Located in the Bourne Estate moments from Hatton Garden is this compact two bedroom, two bathroom apartment.
The property comprises a gally kitchen, tiled shower/bathroom, separate lounge/dining space, two double bedrooms, one of which has access to an en-suite shower room. The flat also benefits from sole access to an external storage unit, which whilst not demised to the flat has been used for years without issue.
The Bourne Estate is a well looked after low-rise red-brick ex local authority block and the flat would make an ideal step onto the ladder for a young professional. It should additionally appeal to buy–to–let investors with an expected rent of £2,500, the asking price would produce a 5.5% yield.
Clerkenwell and Farringdon are renowned for Michelin starred restaurants, gastropubs, delicious street markets, and fantastic transport links.
St Paul’s, Smithfield’s, ‘The City’ and its financial district are all within walking distance whilst the West End is only a short bus ride or leisurely stroll away. Farringdon is also going to benefit from dramatic investment into the nearby Smithfield Meat Market where there are plans to develop this beautiful and historic structure into a new ‘Covent Garden styled piazza’ with a mixed-use site which will include the new Museum of London, events space and a series of shops and restaurants.
The nearest transport link is, Farringdon Station, makes getting around London easy. Farringdon offers access to the Elizabeth, Hammersmith and City, and Metropolitan Line, in addition to overground services which provide easy access to Gatwick and Luton Airports.
The property comprises a gally kitchen, tiled shower/bathroom, separate lounge/dining space, two double bedrooms, one of which has access to an en-suite shower room. The flat also benefits from sole access to an external storage unit, which whilst not demised to the flat has been used for years without issue.
The Bourne Estate is a well looked after low-rise red-brick ex local authority block and the flat would make an ideal step onto the ladder for a young professional. It should additionally appeal to buy–to–let investors with an expected rent of £2,500, the asking price would produce a 5.5% yield.
Clerkenwell and Farringdon are renowned for Michelin starred restaurants, gastropubs, delicious street markets, and fantastic transport links.
St Paul’s, Smithfield’s, ‘The City’ and its financial district are all within walking distance whilst the West End is only a short bus ride or leisurely stroll away. Farringdon is also going to benefit from dramatic investment into the nearby Smithfield Meat Market where there are plans to develop this beautiful and historic structure into a new ‘Covent Garden styled piazza’ with a mixed-use site which will include the new Museum of London, events space and a series of shops and restaurants.
The nearest transport link is, Farringdon Station, makes getting around London easy. Farringdon offers access to the Elizabeth, Hammersmith and City, and Metropolitan Line, in addition to overground services which provide easy access to Gatwick and Luton Airports.
More information
Tenure
Leasehold (203 years)
Service charge
£1,455 per year
Council tax band
B
Ground rent
£10
Ground rent date of next review
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