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Property for sale in Chronicle Tower, 261b City Road, Islington, EC1V

Property Overview

  • 1 Bedroom
  • 1 Bathroom
  • 1 Reception

** Investment Sale ** A large 1 bedroom apartment for sale, of approx. 532 sq.ft (52.8sq.m), on the 7nd floor (with lift) of the this brand development overlooking the City Road.

The apartment has a tenant in situ paying a rent of £550 per week delivering a yield of 4%.

The apartment comprises of an open plan reception room with an integrated kitchen with Siemens appliances including a wine cooler and induction hob, there are floor to ceiling windows offering views of the dock, a smart bathroom suite, comfort cooling, storage including fitted wardrobes to the bedroom, a utility cupboard housing a washer dryer and tiled flooring with under floor heating.

The development benefits from a 24 hour concierge and a fully equipped leisure suite with a well-equipped gym, a swimming pool, steam room, sauna and yoga rooms.

Chronicle Tower forms part of developer, Mount Anvils’ Lexicon development which is located between Islington and Shoreditch. Transport links are good as Old Street and Angel tube stations are both within walking distance and you are close to local amenities.

Long Leasehold: 999 Years
Estimated Service Charge: £4272 per sq.ft. Per annum
Ground Rent: £450pa

Key Features

  • 538sq.ft (52.8sq.m)
  • 7th Floor (With Lift)
  • Residents Health Spa with Gym, Pool & Yoga Room, Sauna & Steam Room
  • 1 Double Bedroom
  • Luxury Bathroom Suite
  • Open Plan Reception Room
  • Integrated Kitchen with Siemens Appliances
  • Underfloor Heating & Comfort Cooling
  • 24 Hour Concierge

Further Information

  • Stamp Duty Update December 2014
  • Assignment Sale
  • Open Saturdays and Sundays
  • 24 Hour Concierge
  • Completion Due 2016
  • **Images may not be of the actual property**

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