Clerkenwell Road, London £415,000

• Long leasehold (105 years remaining)
• 2nd floor (with lift)
• Period sash windows
• Grade II listed building
• Good condition throughout
• 355 square feet (approx.)
• Wooden flooring throughout
• High ceilings
• Close to Farringdon & Chancery Lane stations
• Secondary glazing

A well presented one bedroom apartment set on the second floor (with lift) of this well known, Grade II listed Victorian period building on the borders of Bloomsbury and Clerkenwell. Cavendish Mansions is a 1880's brick-built block situated on Clerkenwell Road, with the aspect of this particular flat being Clerkenwell Road and Rosebery Avenue. There is controlled access through a fob and entry-phone system to enter Cavendish Mansions and a secure entry-phone system and lift for each individual block.

Opposite the block is Gray's Inn and the picturesque, early Georgian Streets that were built near to the legal district including Lambs Conduit Street, Doughty Street and Bedford Row. The Brunswick Centre with the large Waitrose and Saturday farmers market is the closest main shopping area. Clerkenwell has many established restaurants and bars including those on St John Street and around Smithfield Market. Covent Garden to the west, Angel to the north and Shoreditch to the east are all easily reached.  

Located 5 minutes walk from Chancery Lane underground or Farringdon rail & underground stations. 10 minutes walk to Holborn or Russell Square underground stations where there is very easy access to the West End or the City.  The Kings Cross St Pancras transport hub with the Eurostar terminal is also only 15 minutes walk. 

The location has excellent potential for high capital growth.  The huge transformation and development of Kings Cross St Pancras with the Eurostar terminal has had a dramatic effect on the property values of the surrounding area.  Farringdon has already seen above market growth for the last 5 years as the impact of Crossrail begins to tell.  It will be a unique station with north/south connections between Luton and Gatwick airports via the Thamseslink line and Crossrail will add Heathrow and City airports. The fast access to Canary Wharf is possibly even more significant to rental and capital values in the future.  Due to current and expected high capital growth and continued high rental demand, this is an attractive investment opportunity, an incredibly convenient pied-a-terre, or even a fantastic apartment for a first time buyer. 

Long leasehold title of 105 years remaining. Approx. £2000/annum service charge which includes cost of heating and hot-water.