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See how verdicts work2-bedroom flat · EC1R 5ER
For saleListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
It boasts a beautiful open-plan kitchen/reception room that opens onto a large private terrace, with scope to create a stunning two- to three-bedroom, two-bathroom apartment with generous living and dining space.
This fantastic apartment, totalling approximately 1,220 square feet, is set within the Warner Building, one of Clerkenwell’s most sought-after warehouse conversions.
The Warner Building, formerly a printer, lens manufacturer, clothing warehouse and, latterly, the Post Office Stores Department, was constructed in 1937.
It was designed by Waite and Waite for Shropshire House Limited and was inspired by the designs of Richard Meier’s High Museum in Atlanta.
Upon entering, you are welcomed into an imposing lounge with an east-facing aspect and access to a private balcony.
This reception space, with its characterful hardwood floors and concrete ceilings, is ideal for entertaining.
For those who love to cook and host dinners, the open-plan kitchen offers ample storage and work surfaces and overlooks the entertaining space.
The highly popular Exmouth Market and Spa Green Gardens are moments away.
A fantastic selection of gastropubs, such as The Eagle and The Sekford, are nearby, along with Michelin-starred restaurants, independent cafés and local supermarkets.
The nearest transport links include Farringdon Station, which provides rapid access to the City and West End.
Services include the Hammersmith & City, Metropolitan, Circle and Elizabeth lines (for the West End, Paddington and Heathrow Airport), as well as Thameslink services connecting to Brighton, Gatwick Airport, Luton Airport and Bedfordshire.
King’s Cross St Pancras is also close by, offering access to the Piccadilly, Northern and Victoria lines, as well as Eurostar and national rail services.
Regular north/south bus routes include the 63,38 and 19. The apartment also benifits from underground parking. Offered chain free. Tenure: Share of Freehold with approx.
95 years remaining on the lease Service Charge: Approx. £5,137 per annum Ground Rent: Approx.
£300 per annum Council Tax: Band F, Islington Location: The highly popular Exmouth Market and Spa Green Gardens are moments away.
A fantastic selection of gastropubs, such as The Eagle and The Sekford, are nearby, along with Michelin-starred restaurants, independent cafés and local supermarkets.
The nearest transport links include Farringdon Station, which provides rapid access to the City and West End.
Services include the Hammersmith & City, Metropolitan, Circle and Elizabeth lines (for the West End, Paddington and Heathrow Airport), as well as Thameslink services connecting to Brighton, Gatwick Airport, Luton Airport and Bedfordshire.
King’s Cross St Pancras is also close by, offering access to the Piccadilly, Northern and Victoria lines, as well as Eurostar and national rail services.
Regular north/south bus routes include the 63,38 and 19.
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
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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
Agent & docs
FAQ
About Flat 6, Warner House 43-49,, Warner Street, London
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