# 1 bedroom flat for sale (N1 2US) ## Property Details | Key | Value | |-----|-------| | Address | 6, TOWER COURT, 1A, CANONBURY STREET, LONDON, GREATER LONDON N1 2US | | Price | £400,000 | | Bedrooms | 1 | | Bathrooms | 1 | | Last sold | £410,357 Apr 2025 | ## Description A lovely 1 bedroom flat situated on the first floor of a secure block with lift boasting bright and spacious accommodation throughout and a private balcony. The property is situated moments from a range of shops and amenities that can be found on Essex Road, Upper Street and nearby Angel. Please use the reference CHPK2776102 when contacting Foxtons. ## Property Photos - ![Photo](/listings/photos/153865760/1262621) - ![Photo](/listings/photos/153865760/1262622) - ![Photo](/listings/photos/153865760/1262623) - ![Photo](/listings/photos/153865760/1262624) - ![Photo](/listings/photos/153865760/1262625) - ![Photo](/listings/photos/153865760/1262626) - ![Photo](/listings/photos/153865760/1262627) - ![Photo](/listings/photos/153865760/1262628) ## Floorplans - ![Floorplan area for info only, not for £/sq. ft valuation](/listings/photos/153865760/1262629) - Floorplan area for info only, not for £/sq. ft valuation - ![Floorplan 2](/listings/photos/153865760/1262630) - Floorplan 2 ## EPC Graphs - ![EER](/listings/photos/153865760/1262631) - EER ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | TOWER COURT, 1A 6 CANONBURY STREET, LONDON, ISLINGTON, GREATER LONDON, N1 2US | £410,357 | 25/04/2025 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 7 ECCLESBOURNE ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 3RP | £685,000 | 09/01/2026 | Flat | | NEWBERY HOUSE FLAT 53 NORTHAMPTON STREET, LONDON, ISLINGTON, GREATER LONDON, N1 2HX | £370,000 | 24/09/2025 | Flat | | WESTMINSTER COURT, 49 MELVILLE PLACE, LONDON, ISLINGTON, GREATER LONDON, N1 8ND | £780,000 | 06/06/2025 | Flat | | RICHMOND COURT, 67 MELVILLE PLACE, LONDON, ISLINGTON, GREATER LONDON, N1 8NF | £1,056,500 | 02/06/2025 | Flat | | 24 CLARE LANE, LONDON, ISLINGTON, GREATER LONDON, N1 3DB | £484,000 | 21/02/2025 | Flat | | 126 FLAT D ROTHERFIELD STREET, LONDON, ISLINGTON, GREATER LONDON, N1 3DA | £140,000 | 15/12/2023 | Flat | | HORSFIELD HOUSE FLAT 5 NORTHAMPTON STREET, LONDON, ISLINGTON, GREATER LONDON, N1 2HU | £422,000 | 17/11/2023 | Flat | | 282B ESSEX ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 3AR | £728,124 | 25/09/2023 | Flat | | [Same street] TOWER COURT, 1A 7 CANONBURY STREET, LONDON, ISLINGTON, GREATER LONDON, N1 2US | £420,000 | 18/07/2023 | Flat | | NEWBERY HOUSE FLAT 42 NORTHAMPTON STREET, LONDON, ISLINGTON, GREATER LONDON, N1 2HX | £520,000 | 23/06/2023 | Flat | | [Same street] TOWER COURT, 1A 3 CANONBURY STREET, LONDON, ISLINGTON, GREATER LONDON, N1 2US | £499,999 | 07/02/2023 | Flat | | ASHBY HOUSE FLAT 55 ESSEX ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 3PR | £340,000 | 16/12/2022 | Flat | | 12A CANONBURY STREET, LONDON, ISLINGTON, GREATER LONDON, N1 2TD | £450,000 | 18/11/2022 | Flat | | WESTMINSTER COURT, 34 MELVILLE PLACE, LONDON, ISLINGTON, GREATER LONDON, N1 8ND | £650,000 | 11/11/2022 | Flat | | 264B ESSEX ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 3AR | £855,000 | 10/11/2022 | Flat | | ALBERT COURT, 24 MELVILLE PLACE, LONDON, ISLINGTON, GREATER LONDON, N1 8ND | £815,000 | 07/11/2022 | Flat | | VICTORIA COURT, 30 MELVILLE PLACE, LONDON, ISLINGTON, GREATER LONDON, N1 8ND | £630,000 | 24/10/2022 | Flat | | ERIC FLETCHER COURT FLAT 53 ESSEX ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 3PP | £355,000 | 09/09/2022 | Flat | | 48 FLAT B CANONBURY ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 2HS | £507,500 | 15/08/2022 | Flat | | NEWBERY HOUSE FLAT 21 NORTHAMPTON STREET, LONDON, ISLINGTON, GREATER LONDON, N1 2HX | £532,500 | 27/07/2022 | Flat | | NEWBERY HOUSE FLAT 20 NORTHAMPTON STREET, LONDON, ISLINGTON, GREATER LONDON, N1 2HX | £540,000 | 27/07/2022 | Flat | | 22 CLARE LANE, LONDON, ISLINGTON, GREATER LONDON, N1 3DB | £750,500 | 15/07/2022 | Flat | | [Same street] TOWER COURT, 1A 15 CANONBURY STREET, LONDON, ISLINGTON, GREATER LONDON, N1 2US | £445,000 | 25/03/2022 | Flat | **Street average:** £455,000 (3 sales) **Area average:** £580,556 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £644,614 (201 Flat, N1, 2024–2026) - **Deviation:** -37.9% ## Rental Range *ONS Price Index of Private Rents (Islington). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £2,545/mo - **Realistic:** £2,828/mo - **Optimistic:** £3,111/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 1 Bed Flat, Esther Anne Place, N1 | £3,488/mo | 1 | 0.45 miles | OpenRent | **Average rent: £3,488/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.87% (okay) - **Max investor price (0.8%):** £436,000 - **Target investor price (1%):** £348,800 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £3,488/mo).* - **Gross yield:** 10.5% - **Cost-to-rent:** 9.6× - **Monthly cashflow:** £1,539/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 15.9% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 1.5% - **10y growth:** 1.3% ## House Price Index (HM Land Registry) *Official index for Islington; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -6.1% - **5y growth (index):** -2.8% - **10y growth (index):** 1% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)