2-bedroom flat · EC2A 4NP
To rentReduced £50 (−2%) on 7 OctListed 23 days
Opportunity summary
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About
Please note: The photographs shown are of a show flat within the building and are for illustrative purposes only.
The available property is a ground-floor warehouse conversion and may differ slightly in layout and finish.
The Storey: A characterful two-bedroom, one-bathroom apartment set on the ground floor of a converted warehouse building on Phipp Street, EC2A.
The apartment offers a good amount of space, with an open-plan reception and kitchen area that feels bright and easy to live in.
Exposed brickwork and large industrial-style windows give the space plenty of character, while the wooden flooring keeps the finish warm and simple.
Both bedrooms are well-proportioned doubles, making the flat a good option for sharers or anyone wanting a second bedroom to use as a home office.
There is also a modern bathroom with a full-size bath and shower over. The Vibe: Phipp Street puts you right between Shoreditch, Old Street and the City.
You have plenty of local favourites around Great Eastern Street, Curtain Road, and Shoreditch High Street, with independent coffee shops, restaurants, bars and pubs all within a short walk.
Spitalfields Market, Brick Lane, and Liverpool Street are also close by, giving you even more choice for weekends and evenings.
Old Street, Shoreditch High Street and Liverpool Street stations are all within easy reach, making it a really handy base for getting around London.
Seals The Deal: Two double bedrooms, exposed brickwork, warehouse character, open-plan living.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, they are provided for guidance purposes only and do not constitute part of an offer or contract.
All descriptions, photographs, measurements, floor plans and distances are approximate and intended solely as a guide.
Prospective tenants or purchasers should not rely on them as statements of fact and are advised to satisfy themselves as to their accuracy through inspection or other means.
Storeys has not carried out a structural survey and cannot confirm that the services, appliances, fixtures or fittings are in working order.
Interested parties should make their own enquiries and investigations where necessary.
Information relating to rent, deposit amounts, tenancy terms, Council Tax bands and other associated costs is provided in good faith but should be independently verified prior to entering into any agreement.
Redress Scheme: The Property Ombudsman Client Money Protection: Cmp Membership No. CMP009255
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Flat A, 21 Phipp Street, London
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