3-bedroom flat · EC1Y 0TT
To rentListed 31 days · slow let
Opportunity summary
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About
A stunning two/three bedroom recently renovated converted warehouse apartment in central Clerkenwell.
Description A stunning two/three bedroom recently renovated converted warehouse apartment in central Clerkenwell.
This impressive lateral apartment offers over 2000 sq ft of classic warehouse living with original features like columns, large warehouse windows and exposed brickwork and underground secure garage parking with a dedicated parking space and EV charger.
The focal point of the apartment is undoubtedly the open-plan kitchen reception area, perfect for hosting gatherings and socializing.
The generously sized principal bedroom, with en-suite bathroom, steam shower and walk in wardrobe, provide a luxurious retreat.
There's a second double bedroom, family bathroom and separate WC/wet room, offering both comfort and convenience. The flexible space then offers two separate office/guest rooms.
The property was extensively refurbished in 2015, including a modern kitchen with top of the line built-in appliances from Miele, Sub-Zero and Gaggenau ensuring the apartment meets contemporary standards of style and comfort.
The property also features separate enclosed glazing units across the front aspect supplementing the original double glazed windows and ensuring street noise is filtered out.
The property has underfloor heating in the tiled areas and 3 air conditioning units covering the master bedroom, kitchen and living room.
Offered to the market unfurnished the Landlord will leave all white goods, a projector with a drop down screen and the large marble Knoll Saarinen dining table in the photos for the tenants use.
Location The apartment is perfectly located in the heart of Clerkenwell close to Shoreditch, Old Street and the City of London.
The closest stations are Old Street, Barbican and Farringdon with Northern Line, Circle Line, Hammersmith & City Line, Metropolitan Line, National Rail services and the new Elizabeth line for access into the West End and onto Heathrow airport.
Square Footage: 2,045 sq ft Additional Info Holding Deposit : £2,307.69 ( 1 week ) Deposit Payable : £13,846.15 ( 6 weeks ) Rent must be paid monthly in advance
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Apartment 5, 5, Garrett Street, London
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