250 City Road, Old Street / Angel

Development Overview

250 City Road is a landmark new build homes development by Berkeley Homes, located in London’s coveted Zone 1, EC1V 2AB, positioned between the vibrant districts of Angel and Old Street. Designed by the internationally acclaimed architects Foster + Partners, the development comprises two prominent towers and associated low-rise buildings, set around 1.9 acres of Wi-Fi-enabled, professionally landscaped green space. The scheme is a mixed-use environment, incorporating a 190-bedroom 4-star nhow hotel, approximately 78,000 sq ft of commercial office space, and ground-floor retail and restaurant units. The final release, known as Vermont House, features a highly-specified collection of apartments.

Property Details

The development offers a range of luxury residences, including studios, 1, 2, and 3 bedroom apartments, in addition to exclusive penthouses. Apartments are built to a high specification, featuring expansive open-plan living areas, full-height glazing to maximise light and views, underfloor heating, and comfort cooling. Kitchens are fitted with premium Siemens or Miele appliances, and many units are specified with an integrated Sonos sound system. Select units feature Zuma smart home technology for integrated control of sound and lighting. Parking, specifically a ‘Right to Park,’ is included with all 2-bedroom apartments. Practical ownership details include a peppercorn ground rent and a lengthy lease term expiring in 3024. Service charges are approximately £7.30–£7.67 per square foot.

Location Benefits & Amenities

250 City Road sits at the heart of London’s 'Tech City,' offering direct pedestrian access to both the financial district and the creative hubs of Shoreditch. Exceptional transport connectivity is a core benefit, with Old Street Underground Station (Northern Line) an approximate 8-11 minute walk, providing connections to Bank and St Pancras. Angel station (Northern Line) is also within easy walking distance. Rail links are enhanced by Farringdon Station (14-17 minute walk), offering access to Elizabeth Line, Thameslink, and Great Northern services. Tube journey times include 5 minutes to King's Cross and 20 minutes to Bond Street. Local bus routes serving the area include the 141, 205, 21, 214, and 243. Local cultural amenities include the Barbican Centre and Almeida Theatre. The location is convenient for academics, with City, University of London nearby and UCL/Imperial College London less than 30 minutes away by public transport.

Residents benefit from extensive on-site leisure facilities: a 20-metre indoor swimming pool, a full spa suite with a Jacuzzi, sauna, and steam room, a fully equipped gym, and a dedicated yoga studio. Social and business amenities include a residents' lounge, a business suite, a private screening room, a karaoke room, and a 24-hour concierge service. The central plaza features retail, cafés, and restaurants.

Practical Information & Developer Context

Available new build homes range from approximately £1,125,000, with premium penthouse units exceeding £3 million. While the Berkeley Group maintains a high corporate profile with awards such as the Queen's Award for Enterprise, prospective buyers should note resident feedback has highlighted challenges with property management, including facility outages (e.g., the pool and lifts) and significant annual service charge increases, estimated at 20-40% in 2025. Completion is estimated to be fully concluded in 2024. Viewings are strictly by appointment only.