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See how verdicts work2-bedroom flat · EC2M 4TR
For saleReduced £250k (−12.5%) on 21 MayListed 193 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within The Tapestry Building, a historical 18th-century warehouse originally built for the East India Company, this 2,394 sq ft (approx) 2 bed 2 bath apartment offers a rare opportunity to own a piece of London’s architectural heritage.
Positioned on the second floor and one of just two residences on this level, the triplex space offers a sense of privacy and exclusivity in a location where such qualities are increasingly scarce.
Accessed via a courtyard behind wrought-iron gates, the building makes a memorable first impression. Inside, the apartment showcases dramatic lateral space rarely found in the City.
Original warehouse features take centre stage: Beamed ceilings, impressive room proportions, loading doors and large windows on three sides which enable natural light throughout the day.
The result is a home that feels both grand and effortlessly liveable-perfect for entertaining, relaxing, or working.
This is a property that truly stands apart from the multiple new builds nearby -combining scale, character, and a boutique feel that is hard to replicate in such a prime central City location.
Step outside and you are immediately immersed in the energy of the City.
Located on New Street, directly opposite Liverpool Street station, the apartment offers unrivalled connectivity across London and beyond.
The financial district is on your doorstep, while the vibrant lifestyle hubs of Shoreditch, Spitalfields, and Broadgate are just moments away, offering some of the capital’s finest restaurants, bars, and shops.
Whether you are looking for a distinctive primary residence or a prestigious London base, this apartment delivers on every level.
Historic charm, contemporary comfort, and an unbeatable location come together in perfect balance.
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
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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
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FAQ
About Apartment 3, Tapestry Building, 16, New Street, London
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