2-bedroom flat · E1 6NQ
For saleListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Penthouse with concierge, private parking and exceptional City views.
Description Occupying the upper floors of the Exchange Building on Commercial Street, this impressive duplex penthouse extends to approximately 1,248 sq ft and enjoys far reaching views across the City skyline.
The principal reception room spans over 20 ft in width and benefits from floor to ceiling windows and direct access to a private terrace.
Adjacent is a well appointed separate kitchen with extensive storage and preparation space.
The upper floor comprises two generously proportioned bedrooms, including a substantial principal suite with ensuite shower room. A further family bathroom serves the second bedroom.
A striking skylight positioned above the staircase floods the central landing with natural light, enhancing the sense of space throughout the upper level.
The property is offered with the added advantage of a private allocated underground parking space.
Location The Exchange Building enjoys an exceptional position on Commercial Street, placing residents at the centre of Spitalfields' thriving dining, retail and cultural scene.
Nearby amenities include Spitalfields Market (0.2m), The Truman Brewery (0.4m), Boxpark Shoreditch (0.5m) and the extensive selection of restaurants, cafés and boutiques found throughout Shoreditch (0.3m).
For open space, Altab Ali Park (0.3m), Allen Gardens (0.5m) and Weavers Fields (0.8m) are all within easy reach.
Transport connections are excellent, with Liverpool Street Station (0.4m) providing access to the Elizabeth Line, Central, Circle, Hammersmith & City and Metropolitan lines, whilst Shoreditch High Street Overground Station (0.3m), Aldgate East Station (0.5m) and Aldgate Station (0.6m) offer further connectivity across London.
Fenchurch Street Station (0.8m) and Whitechapel Station (1.0m) are also nearby. Please note, all distances are approximate.
Source: Square Footage: 1,248 sq ft Leasehold with approximately 970 years remaining.
Additional Info EWS1 Disclaimer: The Exchange Building has an EWS1 form dated 2021, completed by Adam K of Trifire.
Buyers should be aware that the signatory’s professional registration has subsequently been suspended, which may affect acceptance by some mortgage lenders.
Updated UK Finance guidance means participating lenders may still accept the existing EWS1, subject to their individual lending criteria.
Prospective buyers are advised to confirm acceptability with their mortgage broker or lender before proceeding.
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 73, Exchange Building, 132, Commercial Street, London
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