1-bedroom flat · EC1V 3QZ
For saleListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This increasingly rare, original live/work loft apartment presents a unique opportunity to acquire an authentic piece of East London, ideally positioned within the St Luke’s Conservation Area between the vibrant hubs of Clerkenwell and Old Street.
Occupying the third and fourth floors of a striking former Victorian warehouse, this remarkable top-floor home extends to just under 1,100 sqft (approx.) and seamlessly blends industrial heritage with creative, contemporary living.
Upon entering, you’re welcomed into a bright and expansive living space defined by double-height vaulted ceilings and white-painted floors, with direct access to a generous south-facing terrace.
Original features have been thoughtfully retained, including sash windows, painted exposed brickwork, and original timber flooring, all celebrating the building’s rich history.
With triple-aspect windows, the apartment is flooded with natural light throughout the day.
To the rear, a modern kitchen is fitted with integrated appliances, offering a clean and functional contrast to the industrial aesthetic.
A steel staircase leads to the mezzanine level, currently arranged as a bedroom, with ample space for built-in storage and a workspace.
This level is further enhanced by two large skylights, adding to the sense of volume and light. The bathroom is positioned adjacent to a useful storage/utility room.
The surrounding area offers some of East London’s best in dining and nightlife, with a wide selection of acclaimed restaurants, cafés and bars within easy reach.
From the renowned eateries of Clerkenwell and Exmouth Market to the ever-evolving scene around Old Street and Shoreditch, there is no shortage of options whether for casual dining, late-night drinks, or weekend brunch.
A rare opportunity to acquire a true blank canvas, allowing an incoming owner to reimagine and enhance an already special home.
Old Street Station is approximately a 7-minute walk away (Northern Line), while Barbican Station is around 12 minutes on foot (Circle, Hammersmith & City and Metropolitan lines).
Liverpool Street Station is also within easy reach, offering access to the Elizabeth Line and Heathrow in approximately 40 minutes.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Top Floor, 45, Mitchell Street, London
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