1-bedroom flat · EC1V 8AB
For saleReduced £50k (−11.1%) on 9 SepListed 271 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculately presented one bedroom warehouse conversion property set on the second floor in the heart of Clerkenwell. This property has been newly renovated to a meticulous standard.
On entering, the high ceilings and solid wood floors give an air of grandeur with the large sash windows and natural light streaming in giving the space an inviting feeling.
The spacious combined kitchen/reception space includes fully fitted appliances, breakfast bar and ample lounge area.
The three piece suite Terrazzo bathroom with heated towel rail and bedroom with built in storage and desk space complete this contemporary space.
This would suit either a first time buyer, investor, or someone looking for a second home which offers something a bit more unique.
This is sold chain free and additional details can be provided by request.
Clerkenwell and Farringdon are home to some of London’s finest gastro pubs, Michelin starred restaurants, and a plethora of cafés and eateries.
It is also going to benefit from the dramatic investment going into the nearby Smithfield Meat Market where there are plans to develop this beautiful and historic structure into a new ‘Covent Garden styled Piazza’ with a mixed-use site which will include the new Museum of London, events space and a series of shops and restaurants.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 B, 49-51, Central Street, London
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