2-bedroom flat · N1 7RR
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented two bedroom apartment boasting direct views over Regent's Canal, this characterful second-floor warehouse conversion in the popular Canal Building provides 1,058.1sq.ft.
The bright and spacious, open plan living and kitchen space is a mixture of contemporary living and industrial charm, with high ceilings and large double-glazed Crittall-style windows.
The apartment features two double bedrooms, including a primary suite with a walk-in wardrobe and en-suite bathroom, plus an additional bathroom with shower and a dedicated laundry room with a separate washer and dryer.
Residents benefit from 24-hour porterage and exclusive access to a canal-facing communal area and secure off street parking.
Canal Building is accessed on Shepherdess Walk, which provides a link between City Road and the Regent's Canal, and is favourably located a short distance from both Angel and Old Street underground stations (Northern Line).
It is conveniently placed for access to the City. The shops, bars and restaurants of Islington, Shoreditch, Hoxton and Clerkenwell are within easy reach.
Tenure: Leasehold Council Tax Band: Not yet set
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 Shepherdess Walk, Angel
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