2-bedroom flat · EC2A 2FE
For saleReduced £50k (−4.2%) on 23 AprListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two double bedroom, two bathroom apartment in Principal Tower with unobstructed west-facing views.
The apartment comprises two large double bedrooms, one with en-suit, a family bathroom and an open plan kitchen/living room that leads onto the private balcony.
Principle Tower is one of the area's most sought-after residential developments, in part due to features including the 24-hour concierge, residents' gym, pool, sauna and steam room, as well as communal meeting areas.
Principal Tower is on the fringe of the City, just moments from Liverpool Street Station and Shoreditch High Street Overground.
The development is also very close to a number of popular bars and restaurants in the area, as well as Spitalfields Market.
Tenure: Leasehold Lease Years Remaining: 986 Service Charge: £13,776 Council Tax Band: F Information contained within this listing is for guidance only and should be checked and confirmed (prior to proceeding).
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
Agent & docs
FAQ
About Flat 2101 Principal Tower, 2, Principal Place, London
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