We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · EC1R 3DP
For saleListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
“A lofty warehouse conversion in the heart of Clerkenwell” Set on the top floor of a converted 19th-century warehouse in Clerkenwell, this bright two-bedroom apartment balances a contemporary layout with the distinctive proportions of its industrial fabric.
Converted in the early 2000s, the apartment has a streamlined feel throughout; large glazing on all sides and towering heights create a wonderfully airy space.
The arresting exposed timber trusses are amongst the apartment’s most defining features, adding warmth and texture to the otherwise pared-back design.
The Tour Entry is to a communal hallway on the ground floor, where exposed brickwork and steel establish the building’s industrial character.
The apartment sits on the third floor, accessed via a staircase. Inside, the apartment opens to an impressive kitchen, dining and living space.
Generous glazing on two aspects draws an abundance of natural light into the room, while double doors open to a Juliet balcony.
Hardwood flooring underfoot and crisp white walls enhance the sense of light and openness.
The kitchen is neatly integrated into the open-plan space, with duck egg-blue cabinetry providing a subtle colour contrast to the neutral palette.
An elegant, open-tread spiral staircase leads up to the mezzanine level; a versatile space that could be arranged as a home office or studio space. A run of skylights illuminates the space.
At the rear are two generously proportioned double bedrooms. Both are equally bright and well-composed, and the principal bedroom has dual-aspect windows.
A contemporary bathroom completes the plan, fitted with a shower-over-bath.
The Area Popular with architects and design studios, the neighbourhood is renowned for the quality and variety of its bars, pubs and restaurants, most notably the nearby Quality Chop House, St.
John, Luca and Moro. Exmouth Market, Shoreditch, Covent Garden and Soho are all nearby. Sadler’s Wells Theatre, Barbican Centre, Tate Modern, and St. Paul’s Cathedral are within easy reach.
Smithfield Market, which is currently under development into a Covent Garden Style Piazza (planned to include the new Museum of London), is set to open this year.
Farringdon station (Circle, Metropolitan and Hammersmith & City, Elizabeth lines and National Rail) is approximately eight minutes’ walk from the apartment and provides quick access to the West End and London’s major airports.
Chancery Lane and Barbican stations are also within walking distance. Excellent bus routes run to central, north and south London from near the apartment. Tenure: Leasehold / Lease Length: Approx.
979 years remaining / Service Charge: Approx £3,060 per annum / Ground Rent: N/A / Council Tax Band: F
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
.png)
FAQ
About Flat 7, 2-3, Crawford Passage, London
Explore nearby