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2 bed flat for sale Wharf Road, City Road, N1

Asking price

£700,000

Reduced on 19/10/2026

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £986 per sq ft
Tenure: Leasehold; 986 years left(from the agent's description)

Service charge £6,015 a yearGround rent £350 a year Council tax Band E £2,577 a year

* From the agent's description. Check it with them before you rely on it.

Highlights

From the agent's description

Balcony
Communal gardens
24-hour concierge
Open-plan kitchen
En-suite
986 years left on the lease

About this property

A well-presented two-bedroom, two-bathroom apartment situated within the sought-after Merchant Building. The home offers a large open-plan living and kitchen space that extends to a private balcony with views over the Wenlock Basin. The accommodation comprises a primary bedroom with a private en-suite, a generous second double bedroom, both complete with built-in storage, and a stylish family bathroom.

Floorplan

Council tax

Band E £2,577 a year

Per year

Band A

£1,405
Band B

£1,640
Band C

£1,874
Band D

£2,108
Band E

This home: £2,577
Band F

£3,045
Band G

£3,514
Band H

£4,216

This home is in band E, which costs £2,577 a year in Islington for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Islington, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

100 comparables · within 0.4 miles

Cheaper than 65% of the 2-bed flats for sale nearby right now.

This home, £700,000 Median £750,000 · £529,500 – £1,105,000

Per square foot

£986 9% over

2-bed flats nearby £906

Against sold prices

2% over

N1 sold median £969 / sq ft, 1,677 sales

Compared with 100 2-bed flats for sale within 0.4 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in N1 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in N1 →

Location

Wharf Road, City Road, N1

Open map Street View

Mortgage and stamp duty

Property price £700,000

£350k £1.1m

Deposit10% £70,000

£0 £700k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £630,000 mortgage. Most lenders would want a household income of about £140,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 7, The Merchant Building, 38, Wharf Road Flat / maisonette	Flat / maisonette	Jun 2024	n/a	n/a	n/a	£500,000
Flat 45, The Merchant Building, 38, Wharf Road Flat / maisonette	Flat / maisonette	Mar 2023	n/a	n/a	n/a	£770,000
Flat 61, The Merchant Building, 38, Wharf Road Flat / maisonette	Flat / maisonette	Feb 2023	n/a	n/a	n/a	£995,000
Flat 7, The Merchant Building, 38, Wharf Road Flat / maisonette	Flat / maisonette	Nov 2022	n/a	n/a	n/a	£625,000
Flat 1, The Merchant Building, 38, Wharf Road Flat / maisonette	Flat / maisonette	Oct 2022	n/a	n/a	n/a	£935,900
Flat 33, The Merchant Building, 38, Wharf Road Flat / maisonette	Flat / maisonette	Sept 2022	n/a	n/a	n/a	£530,000
Flat 12, The Merchant Building, 38, Wharf Road Flat / maisonette	Flat / maisonette	Jun 2022	n/a	n/a	n/a	£950,000
Flat 58, The Merchant Building, 38, Wharf Road Flat / maisonette	Flat / maisonette	Mar 2022	n/a	n/a	n/a	£1,350,000