2-bedroom flat
For saleListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two-bedroom home located on a quiet square in the City of London. The flat faces west looking over a wildlife garden and benefitting from the afternoon sun.
The reception room has wooden flooring and a Juliet balcony, there is a good size kitchen, two bedrooms and two bathrooms.
The Cobalt Building overlooks the quiet enclave of Bridgewater Square, adjacent to the Barbican Estate and Arts centre with its cinemas, restaurants and theatre.
Purpose built in the mid 1990s, with a daytime concierge. Bridgewater Square is a short walk away from the bars and restaurants of Clerkenwell and the City.
This fascinating area has been the setting for countless film and television productions over the years and makes for a brilliant place both to wander around and to soak up the local history.
The Museum of London is relocating to West Smithfield, opening in late 2026 expecting to attract over one million visitors annually, the 900 year old Smithfield meat market will be relocating from 2028.
One New Change shopping centre is close by at St.Pauls, and there is a full size Waitrose supermarket on Whitecross Street alongside a Marks and Spencer Food and clothing store in Moorgate.
There is also a bustling food hall in Cheapside.
The location benefits from superb transport links, with access to the Elizabeth Line, Circle, Hammersmith and City, Metropolitan Line and Thameslink through nearby Barbican, Farringdon and St Pauls stations.
Tenure: Leasehold Lease Years Remaining: 969 Service Charge: £9,156 Annual Ground Rent: £100 Council Tax Band: F
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 Bridgewater Square, London
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