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Amabel House, Baches Street, N1 - Image 1
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Amabel House, Baches Street, N1

London

£499,950
Listed on 30/03/2026

Property Details

Bedrooms
2
Type
Apartment
Area
938 sqft

Description

Nestled within an intimate mid-century building consisting of just a handful of flats, this two-bedroom duplex apartment spans approximately 969 sq ft across the ground and first floors. The property offers a well-considered layout that includes a spacious reception room, separate kitchen, two bedrooms, and one bathroom, alongside outdoor access to a terrace and a communal terrace for residents. While the apartment currently requires thorough modernisation, it presents a significant opportunity for refurbishment and reconfiguration to suit contemporary living preferences. Situated in a prime location between Shoreditch and Hoxton, residents can enjoy immediate access to an eclectic mix of cafes, restaurants, bars, and green spaces like Shoreditch Park. With Old Street Station nearby in Zone 1, this property not only boasts excellent transport connectivity across London but also strong investment potential for those willing to undertake upgrades. This is an ideal project for buyers eager to enhance value in a sought-after central district.

Investment Analysis

(N1 area)

Below Market Value

This property is priced -45.1% below area average per sq ft

-45.1%
Potential saving
This Property
£533/sq ft
Area Average
£970/sq ft
Avg Rent (weekly)
£679
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£1,001,207
10% above area average per sq ft
Potential ROI
+85.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
57
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (N1)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -0.4%
5 year growth: -6.1%
Investment Disclaimer: Analysis based on N1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Amabel House, Baches Street, N1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £374,962 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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