2-bedroom flat
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the iconic New River Head Building is this one of a kind tranquil two bedroom apartment.
Accommodation comprises; double aspect living room with impressive views and large windows, allowing masses of natural light.
The property has solid wood floors throughout, modern fully integrated kitchen, two bedrooms and modern bathroom. The property also benefits from a private parking space.
New River Head is within easy access to the vibrant amenities of Clerkenwell and Upper Street.
The renowned Exmouth Market, known for its eclectic mix of bars, restaurants, and coffee shops, is just a stone's throw away.
For those commuting to the City, the property is within walking distance of key transport links, including Kings Cross, Angel, and Farringdon stations, all just a few minutes away.
New River Head benefits from Concierge, large communal gardens, gymnasium and access to the grand Oak room which residents can use for functions.
The apartment is presented to a high standard throughout with a modern bathroom and kitchen.
The New Riverhead Building is one of the most beautiful buildings in the Clerkenwell area and was the former home of the Metropolitan Water Board.
Constructed between 1915 and 1920 and retaining some elements of the previous building dating back to 1693, the building was Grade II* listed in 1950.
Parking - Allocated Parking Private Gated Parking Space
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About Apt 124, New River Head, London
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