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See how verdicts work3-bedroom flat · EC2A 2FF
For saleReduced £300k (−9.2%) on 23 MarListed 401 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The building itself is a contemporary landmark: a sculptural glass form that signals the meeting point of Shoreditch and the Square Mile. Inside, light and air define the plan.
The open-concept living and dining room is edged with full-height glazing so the changing sky becomes a constant backdrop.
A private terrace extends the room outward, while a pared-back kitchen, fitted with Miele and Siemens appliances, keeps the atmosphere uncluttered.
The principal bedroom has the quiet elegance of a boutique hotel, with a walk-in wardrobe and a bathroom where the deep bathtub takes in the skyline.
Two further bedrooms and bathrooms are equally carefully appointed, offering guests privacy and comfort. Throughout, underfloor heating and discreet storage enhance the sense of easy, modern living.
Recent upgrades add comfort and peace of mind. A whole-apartment water conditioner ensures softened, high-quality water that protects both plumbing and appliances.
A new ceiling access panel allows for easy servicing of the air cooling system, maintaining optimal air quality.
Meanwhile, the full-height glass doors have been professionally realigned, achieving a perfect airtight seal that keeps interiors serene, even in the fiercest weather.
Life in Principal Tower naturally spills into its shared spaces. Residents enjoy a private lounge and screening room, a gym, spa and lap pool, all overseen by a 24-hour concierge.
Principal Tower stands at the true crossroads of East London and the City.
To the north, Shoreditch remains one of London?s most characterful quarters, its Victorian warehouses now home to galleries, creative studios and destination restaurants.
Redchurch Street is a short stroll away for independent shops and lively cafés; Curtain Road and Great Eastern Street are lined with cocktail bars and late-night haunts.
South and west lie the historic lanes of the City: Leadenhall Market with its wrought-iron arcades, the tranquil gardens of the Inns of Court and the contemporary cultural hub of the Barbican.
Columbia Road?s flower market, Spitalfields? vintage stalls and the theatres of the West End are all within easy reach. Connectivity is excellent.
Liverpool Street and Moorgate stations, both a five-minute walk, put the Elizabeth Line, Underground and national rail at your disposal, so Canary Wharf, Heathrow and beyond are effortlessly close.
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 Principal Tower, Shoreditch High Street, Shoreditch, London, EC2A, United Kingdom
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