2-bedroom flat · EC2M 4TR
For saleReduced £250k (−12.5%) on 21 MayListed 167 days
Opportunity summary
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About
Description Lying in The Tapestry Building, an 18th-century warehouse originally built by the East India Company, this expansive apartment brings a rare sense of volume and character to the heart of the City.
Positioned on the second floor and one of just two apartments on the level, it feels private despite its central setting, with a boutique quality that is increasingly hard to find in this part of London.
Accessed through a courtyard behind wrought-iron gates, the building makes an immediate impression. Inside, the apartment unfolds with striking lateral scale, extending to approximately 2,355 sq ft.
Former warehouse proportions remain beautifully intact, with soaring beamed ceilings, generous room widths and large windows on three sides drawing in light throughout the day.
The centrepiece is the vast open-plan kitchen, dining and reception room, a remarkable space measuring over 55 feet in length.
Designed for both entertaining and everyday life, it clearly defined zones for cooking, dining and sitting while retaining the openness and drama of a true loft.
The kitchen is finished in rich timber cabinetry and fitted with Gaggenau appliances, bringing warmth and precision to the industrial bones of the building.
The principal bedroom is particularly well proportioned, with a dedicated dressing room and a large ensuite bathroom complete with bathtub and separate shower.
A second bedroom, also generous in scale, is also ensuite, making the apartment well suited to guests, sharers or those seeking a substantial home office alongside sleeping accommodation.
A separate utility room, powder room and excellent built-in storage add a layer of practicality to the plan.
The interiors have been finished in a timeless manner, allowing the building’s original character to take focus.
Pale timber floors, restrained materials and clean-lined detailing give the apartment a composed, contemporary feel without competing with its heritage features.
New Street places the City at your doorstep, directly opposite Liverpool Street station and moments from the financial district, with its banks, law firms and growing cluster of tech companies.
Shoreditch House is around five minutes away, while Spitalfields, Shoreditch and Broadgate bring some of east London’s best restaurants, bars and shops within easy reach.
This is a home that pairs the romance of warehouse living with the convenience and energy of one of London’s most connected neighbourhoods.
Value & comps
No previous sales on record.
Returns
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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 New, New Street, London
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