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Studio to rent

£3,000 pcm (£692 pw)

Canal Building, Islington N1

Studio to rent 1
Interested in this property? Call +44 20 3641 1353 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Available 21st June
  • Big loft studio apartment
  • 24 hour concierge
  • Canalside
  • Great location
  • Gated development
  • Deposit Amount: £3461.54

Property description

Short let - An authentic 800 sq. Ft. Lateral space studio apartment situated within a converted clothing factory on Shepherdess Walk along the Grand Union Canal.

The loft itself is located on the second floor and benefits from exposed concrete ceilings, exposed pipe work, original style windows and high ceilings. The Canal building is secure gated development which benefits from 24 hr concierge and private access to the canal.

This former 1930's clothing warehouse offers a huge open plan reception with fully integrated kitchen, a superb study area for people who work from home and a cosy sleeping deck bedroom. There is a further double bed in the living space.

The Canal Building is conveniently located: Islington, Shoreditch and Kings Cross are all within walking distance, and the City and central London are close by, via the extensive public transport connections. Angel Station and Upper Street, Islington are just a pleasant 10 minute stroll along The Regent's Canal. Old Street Station and the many bars of Shoreditch and Hoxton are 10 minutes in the other direction.

The Canal Building is one of the original Shoreditch/Islington warehouse loft conversions, converted to ‘shell’ specification in 2000. All the apartments are different, which creates an interesting mix of residents, from City workers to the arts and media circle.

The local neighborhood offers some of London’s most celebrated bars, clubs and restaurants and nearby on City Road, a new tech neighborhood is being built at a pace at the ‘Silicon Roundabout’, bringing with it 4 and 5 Star hotels and yet more infrastructure. For a more relaxed vibe just stroll along The Regent’s Canal towpath and enjoy the local gastro-pubs in and around Islington.

Property info

Floorplan(s): Floorplan

Floorplan View original

Property value data/graphs for N1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £1,587,761 £945 3.6 £1,527,677
Semi-detached £1,404,073 £986 3.6 £2,170,694
Terraced £1,381,401 £980 3.2 £1,697,418
Flats £687,949 £839 1.9 £624,394

Current asking prices in N1

Average: £940,414
Avg. current asking prices in N1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £348,500
(2)
£1,214,583
(12)
£1,916,190
(21)
£2,310,652
(23)
£3,087,500
(16)
Flats £610,810
(250)
£855,174
(301)
£1,069,913
(61)
£1,218,750
(4)
£1,000,000
(1)
All £608,728
(252)
£868,953
(313)
£1,286,643
(82)
£2,148,889
(27)
£2,964,706
(17)

Current asking rents in N1

Average: £3,388 pcm
Avg. current asking prices in N1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £2,284 pcm
(8)
£4,159 pcm
(8)
£5,465 pcm
(20)
£5,654 pcm
(10)
£8,197 pcm
(8)
Flats £2,557 pcm
(206)
£3,323 pcm
(249)
£4,275 pcm
(113)
£4,290 pcm
(27)
£6,574 pcm
(6)
All £2,547 pcm
(214)
£3,349 pcm
(257)
£4,454 pcm
(133)
£4,658 pcm
(37)
£7,501 pcm
(14)

Fun facts for N1

Highest value in N1
Highest value streets Zed-Index
Alwyne Villas £2,560,489
Ripplevale Grove £2,127,876
St. Pauls Place £2,081,164
Northchurch Terrace £2,039,642
Canonbury Grove £1,956,789
Highest turnover in N1
Highest turnover streets Turnover
Balls Pond Road 50.0%
Albion Mews 50.0%
St. Philip's Way 45.5%
Culford Mews 36.8%
Mary Street 36.4%
Arrange Viewing

For more information about this property, please contact
Urban Spaces Loft Living & Unique Properties, E1 on +44 20 3641 1353 * (local rate)

Monthly running costs Beta

£3,075 Monthly total

Home Insurance

Contents value up to £75,000 Average insurance cost £6/mo (£71/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £19 Electricity £31 Estimated energy cost £50/mo

Similar properties could save up to £145

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6900 kWh/year
Electricity: 2100 kWh/year

Source: National Energy Efficiency Data Framework

Water

Supply £9 Sewerage £10 Estimated water cost £19 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Rent

Rental cost £3,000 /mo Additional one-off fees also apply

Could you afford to buy?

Paying a mortgage can sometimes cost less than renting. Use this calculator to work out what properties you could afford to buy for the same monthly amount you'd pay in rent.

Monthly payment
Deposit
Interest rate 1.5
Repayment term 35
You could afford £ est. How Much Could I Borrow In partnership with money.co.uk

These results are not provided by money.co.uk and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Urban Spaces Loft Living & Unique Properties, and do not constitute property particulars. Please contact Urban Spaces Loft Living & Unique Properties for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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