2-bedroom flat · E1 6ND
For saleReduced £25k (−4%) on 7 OctListed 45 days
Opportunity summary
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About
Two bedroom apartment with balcony and private parking in Shoreditch.
Description Situated on the corner of Wheler Street and Commercial Street, this well proportioned two bedroom apartment offers contemporary living in one of East London's most vibrant locations.
The property features a spacious open plan reception room and kitchen, creating an excellent entertaining space with direct access to a private balcony.
Floor-to-ceiling glazing allows for an abundance of natural light, while the modern fitted kitchen is finished with integrated appliances and ample storage.
Both bedrooms are generously sized, complemented by a contemporary bathroom and additional storage throughout. The apartment is set within a modern development with secure entry and a lift.
The apartment also comes with the benefit of a private parking space.
Location Wheler Street enjoys an enviable position in the heart of Shoreditch, surrounded by some of East London's most popular restaurants, cafés, bars and boutiques.
Residents are moments from Brick Lane (0.2m), renowned for its vibrant food scene and independent shops, while Spitalfields Market (0.4m) offers a diverse mix of retail, dining and cultural experiences.
Redchurch Street (0.3m) is home to a collection of fashionable cafés, galleries and designer stores, with Boxpark Shoreditch (0.2m) providing a range of eateries and lifestyle brands.
For open green space, Boundary Gardens (0.4m) and Allen Gardens (0.5m) offer a welcome retreat from city life.
Transport connections are excellent, with Shoreditch High Street Station (0.2m), Liverpool Street Station (0.5m), Old Street Station (0.8m) and Aldgate East Station (0.6m) all within easy reach, providing access across London via the Overground, Elizabeth, Central, Circle, Hammersmith & City, Metropolitan and Northern lines.
All distances are approximate. Source: Google Maps. Square Footage: 750 sq ft Leasehold with approximately 104 years remaining.
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 Flat 2, 27, Wheler Street, London
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