We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · EC1R 0BH
Listing removedListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Quietly positioned on the corner of a small contemporary development on Bowling Green Lane, this beautifully presented two bedroom apartment offers bright, lateral living space with a great connection to the outside, extending to approximately 710 sq ft.
The apartment’s overall feel is clean, calm and quietly modern, with natural oiled timber flooring to the living areas, carpeted bedrooms, great natural light and generous ceiling heights creating a sense of space and volume, with the terrace adding an attractive extra dimension.
The entrance hall leads through to an open-plan living, dining and kitchen space, which opens directly via three sets of sliding glass doors onto the wraparound terrace running across the width of the reception area and behind both bedrooms.
The full-height glazing draws in wonderful natural light and frames leafy views across the terrace towards the neighbouring former school buildings.
Both bedrooms are separate from the main living space, with the principal bedroom offering well considered built-in storage and an en suite shower room.
The second bedroom is equally well-proportioned and has access to a separate bathroom positioned off the hallway.
The building itself was developed in 2008, constructed within the grounds of the former Victorian Bowling Green Lane Board School.
The neighbouring Grade II listed school building originally dates from 1874, and between 1984 and 2021 served as the global HQ of Zaha Hadid Architects, and is still home to the Zaha Hadid Foundation.
This connection gives the immediate setting an interesting link between Clerkenwell’s educational past and its more recent design-led identity.
Bowling Green Lane sits in one of Clerkenwell’s most appealing and leafy pockets, close to the independent restaurants, cafés and pubs of Exmouth Market, with Clerkenwell Green, St.
John Street and central Clerkenwell all within easy reach.
The area has long attracted architects, designers, makers and media businesses, and still has a distinctive mix of warehouses, former schools, studios, cobbled streets & courtyards and historic institutional buildings.
Farringdon station is nearby, providing excellent connections across London via the Elizabeth line, Thameslink, Circle, Hammersmith & City and Metropolitan lines.
The City, King’s Cross, Bloomsbury and the West End are all easily accessible, while the surrounding streets offer a quieter, more local village-like character that feels notably removed from the pace of many of the neighbouring areas.
*Service charge for 2024 not including charges for additional works on communal areas that all lessees contributed to as a one-off charge
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About Flat 12, Clerkenwell
Explore nearby