Sell House Fast Clerkenwell, London

Selling your Clerkenwell home to LDN Properties

When you are looking to sell your Clerkenwell property directly, LDN Properties is typically happy to make a cash offer on flats and houses across the local postcode area, regardless of lease length, condition, share of freehold or cladding status. There are no agency fees and no chain in our process, and we usually need only one in-person visit before putting forward our final offer.

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. 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 Clerkenwell property, please call 020 7183 3022 or request a no-obligation offer online.

When selling directly is the cleaner option

LDN Properties has been buying houses and flats directly across London since 2003. Several situations tend to come up regularly when homeowners look at a direct cash sale as an alternative to the open market.

Probate sales are one of the situations we deal with most regularly. Where a flat or house has been in family ownership for many years and the inheritors are based outside London, the practical demands of preparing the property for the open market — clearance, repairs, viewings, chain coordination — can be slow and expensive to manage at distance. A direct cash sale removes those demands and provides a fixed completion date for the executors and beneficiaries.

Other reasons bring sellers to us in similar numbers. Divorce, relocation for work, financial difficulty, downsizing and ill-health all involve circumstances where a known completion date carries more weight than chasing the top of the open market. Landlords exiting buy-to-let, particularly where there is a sitting tenant in place, is another common reason.

Properties that need refurbishment and flats with shorter leases also come up regularly. In both cases the open market tends to discount the price heavily, and a direct sale can be the cleaner option; our short-lease guide covers the lease situation in more detail.

The Clerkenwell property market

The property landscape in Clerkenwell is shaped by extensive late-Victorian and Edwardian warehouse and light-industrial buildings converted to residential use from the 1980s onwards, by mid-rise post-war local authority estates such as the Peabody-built schemes around Roscoe Street and Lever Street, and by a smaller number of surviving Georgian terraces along streets such as Wilmington Square, Myddelton Square and Lloyd Square in the Lloyd Baker estate area. The former Booth’s gin distillery, the former Finsbury Bank for Savings and a great many former printing and clockmaking workshops have been converted into loft-style apartments, and more recent ground-up schemes around Clerkenwell Road and Farringdon Road have added contemporary apartment buildings.

Recent Land Registry transactions across the EC1M, EC1R and EC1V postcodes typically show studio flats trading between £425,000 and £600,000, one-bedroom flats between £575,000 and £825,000 depending on aspect, floor and ceiling height in warehouse conversions, two-bedroom flats commonly between £800,000 and £1.4 million, and larger loft-style apartments and terraced houses around Wilmington Square and the Lloyd Baker estate generally trading above £1.5 million when they come to market. Many of the warehouse-conversion leases granted in the 1980s and 1990s are now sitting between 60 and 95 years remaining, with anything below 80 years bringing the property into marriage value territory. Our guide to selling a short lease flat sets out the options in detail, and Section 20 major works notices and EWS1 cladding requirements can also surface on the larger blocks.

Transport links and local amenities

Clerkenwell is served by Farringdon station to the south on the Elizabeth, Circle, Hammersmith & City and Metropolitan lines together with Thameslink National Rail services to St Albans, Luton, Gatwick and Brighton. The Elizabeth line provides fast cross-London journeys to Liverpool Street in two minutes, Bond Street in around six minutes and Paddington in approximately ten minutes. Angel station to the north on the Northern line and Barbican station to the east on the Circle, Hammersmith & City and Metropolitan lines provide further connections.

Local bus routes through the area include the 19, 38, 55, 63, 153, 243 and 341, providing further connections across central London. The Clerkenwell Green and the Marx Memorial Library, the Order of St John’s Gate on St John’s Lane, the Charterhouse on Charterhouse Square, Sadler’s Wells Theatre on Rosebery Avenue, and St James’s Church on Clerkenwell Close are the principal local landmarks. Spa Fields and the Wilmington Square gardens provide the main green public space within the area itself.

About Clerkenwell

Clerkenwell is a central London neighbourhood in the borough of Islington, situated within the EC1M, EC1R and EC1V postcodes and bordering the EC2Y, N1 and WC1X sectors, between Farringdon to the south, Finsbury and St Luke’s to the east, Angel and Islington proper to the north, and Pentonville and Holborn and Bloomsbury to the west. The name derives from the medieval Clerks’ Well at the southern end of Farringdon Lane, where members of the Parish Clerks of London performed mystery plays from the twelfth century onwards. The Priory of the Knights Hospitaller of St John of Jerusalem was established here in the 1140s and the surviving St John’s Gate on St John’s Lane dates from 1504.

Substantial parts of central Clerkenwell fall within the Clerkenwell Green Conservation Area, the Charterhouse Square Conservation Area, the Hatton Garden Conservation Area, the Lloyd Baker Estate Conservation Area and the Rosebery Avenue Conservation Area, all designated by Islington Council. Many individual buildings carry Grade I, Grade II* or Grade II listed status under Historic England, which can require formal listed-building consent for internal works affecting historic fabric. Article 4 directions apply in parts of the area, removing some permitted development rights. The Charterhouse, established as a Carthusian priory in 1371 and later an almshouse and school, remains one of the most significant surviving medieval sites in central London.