1-bedroom flat · N1 7LJ
For saleReduced £30k (−3.6%) on 22 SepListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A striking and exceptionally spacious one-bedroom loft-style apartment, extending to approximately 1,018 square feet, set on the second floor of the iconic Chocolate Studios, a converted chocolate factory The property offers a superb sense of space and character, with an impressive open-plan living, dining and kitchen area providing an ideal setting for both everyday living and entertaining.
Retaining the charm of the building's industrial heritage, the apartment features attractive exposed brickwork, creating a distinctive loft-style atmosphere throughout.
Chocolate Studios is superbly positioned on Shepherdess Place, ideally located for the amenities, restaurants, cafés and creative energy of Shoreditch, Old Street, Hoxton and Angel.
The City is also within easy reach, making this an excellent home for professionals seeking space, character and a highly convenient central London location.
Service Charge: £3513 pa Ground Rent: £250 pa Lease Length: 99 years
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
Agent & docs
FAQ
About Unit 10, Chocolate Studios, 7, Shepherdess Place, London
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