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See how verdicts work3-bedroom flat · EC2A 2FA
For saleReduced £1220k (−14.4%) on 15 MayListed 1742 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This stunning duplex penthouse comprises of approximately 2,855 sqft offering open plan living/kitchen room, 3 en-suites and 1 powder room and a terrace.
This stunning 3 bedroom, apartment as some of the most amazing views in the city.
Principal Tower, designed by Foster + Partners, is the landmark residential tower within Principal Place, a mixed-use development on the edge of the City of London in the borough of Hackney.
Completed the tower is a 175 meters high, elegant structure containing over 280 apartments arranged over 50 floors.
Principal Tower offers a variety of apartment sizes including one, two and three bedroom units, plus a single, spectacular duplex penthouse on the very top.
The dual aspect design by Foster + Partners is used for nearly all the units delivering light and spacious residences.
Almost every apartment has its own curved balcony affording sweeping views of London.
There is marble, pale wood and bronze detailing in Principal Towers apartments which fuses the classic sophistication of the financial district with the creative, industrial aesthetic of Shoreditch.The tower has been designed to target the Code for Sustainable Homes Level 4 and featuring a combined heat and power plant, roof mounted photovoltaic panels and grey water harvesting.Residents of Principal Tower have access to an onsite gym and spa, residents bar, a lap pool and a screening room.
The tower has a stylish reception lobby housing a 24hr concierge and there is an underground bicycle storage facility as well as parking opportunities, subject to contract.Principal Place extends onto a tree lined piazza with shops, restaurants, bars and a commercial building with retail space.
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 4901, Worship Street Worship Street, London
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