Sell House Fast
London

Selling your City of London home to LDN Properties

Here at LDN Properties we make direct cash offers on flats and houses across the City of London, including the EC1, EC2, EC3 and EC4 postcodes that make up the historic Square Mile and the immediately adjoining riverside SE1 sector. We are typically happy to consider properties regardless of the remaining lease length, the condition of the property, current cladding status or service charge position. The City is overwhelmingly a commercial financial centre with a relatively small but rapidly growing residential population, and the residential stock is heavily weighted toward modern high-rise apartment blocks, the listed Barbican and Golden Lane estates and a smaller stock of converted upper floors above commercial premises.

We have been buying property directly across London since 2003 and are members of The Property Ombudsman (membership D12463), which provides independent oversight of our quick property buying service. The buying process is direct, with no agency fees, no chain, and usually a single in-person visit is all that we need to inform our final offer. You can read more about how our buying process works, the typical timings for a direct sale and the costs involved when selling directly compared with using an estate agent or auction. To discuss your City of London property, please call 020 7183 3022 or request a no-obligation offer online.

Situations behind a direct sale

A direct cash sale through LDN Properties is often a practical alternative to the open market. We have been buying property directly across London since 2003 and there are a handful of situations that come up regularly.

Financial difficulty — mortgage arrears, mounting bills, or the risk of repossession — is one of the more pressing situations homeowners contact us about. The open-market timeline, typically four to six months from listing to completion at best, can be too long where lender action is imminent. A direct sale offers a known buyer, a known completion date, and no chain, and we are typically happy to consider properties regardless of condition or remaining lease.

A sale falling through creates a similar pressure. Where a buyer has pulled out after months of survey and conveyancing, many homeowners are unwilling to restart the open market from scratch — particularly where they have already committed to an onward purchase. We are typically happy to step in and complete on a defined timeline.

Beyond those, probate, divorce, relocation for work, properties that need refurbishment and flats with shorter leases all bring homeowners to us regularly. The common factor is completion certainty rather than chasing the top end of the open market.

The City of London property market

The property landscape of the City of London is unusual among central London neighbourhoods in being dominated by commercial office use rather than residential. The City’s permanent resident population has historically been very small, although it has grown over the past two decades with the completion of new residential schemes around Aldgate, the Heron Tower area, the Barbican fringe and the riverside at Blackfriars. The two largest residential complexes within the Square Mile are the Grade II listed Barbican Estate and the Grade II listed Golden Lane Estate, both designed by Chamberlin, Powell and Bon and together providing somewhere in the region of two and a half thousand flats. Around these listed estates sit a thinner stock of modern high-rise apartment buildings, livery hall conversions and upper-floor flats above commercial premises across the EC1 to EC4 postcodes.

Recent Land Registry transactions across the EC1, EC2, EC3 and EC4 postcodes typically show studio flats clearing between £425,000 and £625,000, one-bedroom flats between £550,000 and £900,000 depending on the building and the floor, two-bedroom flats commonly between £850,000 and £1.6 million, and larger apartments in the prominent modern towers and the more sought-after Barbican blocks generally trading between £1.5 million and £3.5 million. Pricing varies considerably depending on whether the building is part of a listed estate, the cladding and EWS1 position, the ground rent terms, and the level of concierge and shared amenity. Our guide to selling a short lease flat sets out the position where leases have drifted toward 80 years remaining.

Transport links and local amenities

The City of London is served by an exceptionally dense network of Underground and National Rail stations across Travelcard Zone 1. Bank and Monument together provide the Central, Northern, Waterloo & City, Circle and District lines along with the Docklands Light Railway. Liverpool Street adds the Central, Circle, Hammersmith & City and Metropolitan lines, the Elizabeth line and National Rail services into Stansted, Cambridge and Norwich. Moorgate, Cannon Street, Mansion House, St Paul’s, Aldgate, Aldgate East, Tower Hill, Blackfriars, Farringdon and Fenchurch Street complete the principal station set, providing direct services to most parts of London and the home counties.

Local bus routes through the City are extensive and include the 4, 8, 11, 15, 17, 21, 23, 25, 26, 40, 43, 47, 76, 100, 133, 141, 149 and 388. St Paul’s Cathedral, the Tower of London, the Royal Exchange, the Bank of England, the Guildhall, Mansion House, Smithfield Market, the Lloyd’s building and the Eastern Cluster of office towers including 30 St Mary Axe, the Heron Tower, the Leadenhall Building and 22 Bishopsgate are the principal landmarks across the Square Mile.

About the City of London

The City of London is the historic core of the metropolis and is administered separately from the thirty-two surrounding London boroughs by the City of London Corporation, the oldest continuous municipal authority in England. It covers an area of just over one square mile, between Bankside on the south bank of the Thames, the boundary with the London Borough of Tower Hamlets to the east, the boundary with Islington to the north and the boundary with the City of Westminster to the west. The City’s boundary corresponds closely with the line of the Roman city wall of Londinium founded in around AD 50, and remnants of the wall can still be seen at Tower Hill, Cooper’s Row, the Barbican and London Wall.

Most of the area is covered by one of the City of London Corporation’s many conservation areas, including the St Paul’s Cathedral, Fleet Street, Bank, Smithfield, Eastcheap, Whitefriars and Aldgate conservation areas, and a very high proportion of individual buildings carry Grade I, Grade II* or Grade II listed status under Historic England. Conservation and listed-building consent requirements can be onerous for owners undertaking external or material internal alterations. The Corporation operates as the planning authority for the entire Square Mile, and the City of London Police rather than the Metropolitan Police is the responsible police force for the area.

Properties in London we buy

No matter what type of property you are looking to sell whether it be a residential house / flat or commercial, we are professional property buyers in London and have purchased property throughout the whole spectrum.

• New build apartments
• Semi-detached houses
• Mansion block flats
• Bungalows
• Derelict houses
• Listed properties
• Flats / Apartments