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Herbal Hill, London EC1R

London

£650,000

Listed on 25/06/2026

Property details

Bedrooms
2
Type
Flat

Description

This generously sized 2-bedroom, 2-bathroom apartment presents a remarkable opportunity for those looking to invest in the vibrant Clerkenwell area. Situated within a secure development, the property boasts spacious living and dining spaces along with two comfortable bedrooms, making it well-suited for both homeowners and investors. With the current owner motivated to sell as they enter retirement, there is significant value to be gained for buyers willing to modernize and personalize the space. The integral features include access to a residents' gym and swimming pool, alongside excellent transport links via Farringdon, ensuring convenience for city dwellers. As you explore this property, you'll recognize its potential to enhance your investment through thoughtful updates and improvements. Take advantage of the surrounding vibrant neighborhood filled with renowned culinary spots and historic charm—perfect for crafting your ideal urban dwelling.

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Investment analysis

(EC1 area)
Area Average
£1,026/sq ft
Avg Rent (weekly)
£757
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (EC1)

Area prices are falling by -9.5% over the last 12 months
3 year growth: -17.3%
5 year growth: -18.3%
Investment Disclaimer: Analysis based on EC1 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

Herbal Hill, London EC1R
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,456
Based on a loan of £487,500 over 30 years at 4.45% 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.

Stamp duty calculator

Next Steps

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