2-bedroom flat · EC1V 4LZ
For saleListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two Double bedroom apartment overlooking communal gardens. Located on the former site of the J. & W.
Nicholson Gin Distillery, which was founded by John Nicholson, the original façade of the building dates to the early 18th century and remains one of the most recognised buildings on St John Street.
Converted into apartments in the late 1990’s the apartment benefits from a secure parking space, access to communal gardens and a day porter.
Quietly located to the rear of the building the accommodation comprises two double bedrooms, bathroom, reception room with open plan kitchen, The apartment also benefits from a day porter, access to communal gardens and a secure underground parking space.
Located on St John Street close to the junction of Clerkenwell Road the apartment is a short walk to Farringdon Station offering both Underground (Circle, Hammersmith & City and Metropolitan lines) Mainline services and the Elizabeth Line making it one of the most accessible locations in the Capital.
Clerkenwell remains one of London's most dynamic destinations, with fashion designers, architectural practices and high-end bespoke furniture companies having based their headquarters in the area.
Close to Barbican, Old Street, Bloomsbury and Shoreditch, the location has become one of the most "trendy" and "super cool" in London with the area now home to reportedly over 5,000 tech companies and start-ups, in fact cnn European Network, hbo, Time Warner, Goldman Sachs, Deloitte and Linked-in have headquarter offices close by.
The area offers the very best fine dining and eclectic street food markets, bespoke shops, art galleries and designer furniture shops. It is a short walk to London's legal and financial districts.
The Barbican centre which is a few minutes’ walk away is part of the Global Cultural Districts Network and is the largest performing Art Centre in Europe, hosting music concerts, art exhibitions and film screenings.
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 18 Stirling Court, 201, St John Street, London
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