1-bedroom flat
To rentListed 1 day
Opportunity summary
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About
Large 1 double bedroom apartment within a secure development with concierge service.
Set within a private development just seconds from Spitalfields market is this 2nd floor, double bedroomed apartment.
Spread over approximately 692sqf, the flat features smart neutral décor with a clean fresh finish, high ceilings and a bright, airy feel throughout the interior.
There is a large reception room with lots of natural light, wood flooring and an op kitchen with space for dinning table. There is a good sized modern fitted bathroom with shower cubical and bathtub.
The double bedroom is also a very good size and benefits from built in wardrobes.
The development and communal areas are kept in pristine order, with 24- hour concierge service, gardens, secure underground parking, lift facilities and bicycle storage.
Situated in the centre of the Spitalfields district, the property forms part of The Exchange Building - an historic Art Deco brick-fronted structure.
Constructed in 1936 on the former site of the Royal Cambridge Music Hall, it was originally an extension of the former tobacco works of Godfrey Philips & Son trading at 116 Commercial St.
It was rebuilt and extended by W. Gillbee Scott and bwh Scott in 1922-1925.
Local tube stations include Aldgate (Circle/Metropolitan lines), Aldgate East (District/Hammersmith & City lines), Shoreditch High Street Overground and Tower Hill (District/Circle lines) - the major terminus of Liverpool Street Station also lies within a comfortable walk of the property.
The new Elizabeth Line at nearby Whitechapel promises to make access to Central London and Heathrow Airport even speedier.
The apartment's location means that there's a wide range of cultural, culinary and social hotspots on offer, with the diversity of Brick Lane and Spitalfields, the bustle of the City and West End, and the hip hang-outs typical of the Shoreditch, Hoxton and Old Street areas, on its doorstop.
Available: November Deposit: 5 weeks £2769.23 Council tax: Band D Inclusive of water rates Parking is available for a additional £150 per month
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
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