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See how verdicts work2-bedroom flat · EC1R 5DX
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ragged House sits at the end of Vine Hill, a quiet cul-de-sac just off Clerkenwell Road.
The building has an interesting history, originally forming part of the Ragged School movement before being converted into a small collection of apartments.
Its historic character remains evident, and the building sits within the Hatton Garden Conservation Area.
This two-bedroom apartment extends to approximately 657 sqft, with high ceilings and a well-considered layout that separates the living and sleeping areas without compromising the sense of space.
The living area occupies the west-facing side of the apartment.
The kitchen, dining, and sitting space are brought together in one open room, with the kitchen positioned discreetly at one end so most of the space remains dedicated to living and dining.
The western aspect brings in afternoon and evening light, while a built-in desk and shelving at the far end provide a defined, dedicated workspace.
The bedrooms and two bathrooms are positioned at the opposite end of the living space. The principal bedroom has built-in wardrobes framing the bed, an en suite shower room and a Juliet balcony.
The second bedroom is also a cosy double, with its own built-in storage and the family bathroom immediately adjacent.
The apartment is particularly well placed for the best of Clerkenwell, Farringdon and Hatton Garden.
Clerkenwell Road, Exmouth Market and Hatton Garden are all close by, with a strong mix of independent restaurants, cafés and bars.
St John Smithfield, St Barts, Luca, Bouchon Racine, Ibai, Cloth, and Space Talk are all within a ten-minute walk away.
Farringdon is also within walking distance, providing Elizabeth line, Thameslink and Underground connections, while Chancery Lane and King’s Cross St Pancras are easily accessible from the apartment.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
About Flat C Ragged House, 16, Vine Hill, Clerkenwell
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