2-bedroom flat · E9 6FJ
For saleListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning penthouse apartment with a private balcony.
Description Savills are delighted to offer on to the market this beautiful penthouse apartment which was formerly the Burberry factory and was converted in 2014.
The development was nominated for the Architect of the Year Awards in 2016.
The property offers two bedrooms, two bathrooms, a separate cloakroom, and a wonderful open-plan kitchen/reception room with a private balcony offering far-reaching views across London.
The modern fitted kitchen offers Smeg appliances, a wine cooler and concealed LEDs in cabinets and drawers. There is underfloor heating throughout the apartment.
Residents enjoy a concierge service, underground bike storage and lift access to all floors. The property is being sold with no onward chain. Please note these photos were taken in 2024.
Location The Textile Building is located on Chatham Place, in the heart of Hackney with its array of independent shops, boutiques and stores located on Mare Street.
The green open space of London Fields (0.6 miles) and Victoria Park (0.8 miles) are both nearby with their play areas, cafes and local pubs.
Transport links can be found at Hackney Central (0.4 miles) and Homerton (0.6 miles) station, along with regular buses into the City.
Square Footage: 912 sq ft Leasehold with approximately 986 years remaining.
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
Agent & docs
FAQ
About 85 The Textile Building, 31A, Chatham Place, London
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