3-bedroom flat · N1 5FS
Sold STCListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning three-bedroom penthouse arranged over the 9th and 10th floors of this modern development set along the Regents Canal, moments from Shoreditch Park and De Beauvoir.
Measuring in excess of 1,000 sq. ft. this rare duplex apartment is flooded with natural light thanks to floor-to-ceiling glazing throughout.
The dual-aspect open plan living space feels both impressive and welcoming.
The kitchen is finished to a high standard with integrated Siemens appliances including a wine cooler and sleek contemporary cabinetry, flowing naturally into the dining and entertaining area.
A private west-facing terrace offers far reaching views across the London skyline and the canal below, a perfect setting for evening sun and relaxed outdoor living.
A guest w/c and entrance hall completes the lower level. Stairs lead up to three well-proportioned bedrooms.
The principle bedrooms features dual-aspect windows, fitted wardrobes and an en-suite bathroom. A family bathroom and useful storage area completes the upper level.
The apartment benefits from underfloor heating throughout, controllable via Apple Home and Hyperoptic internet.
A large communal terrace with amazing City views is accessed on the same floor and the development also offers a secure bike storage.
Ideally positioned between Shoreditch, Hackney and Islington, with De Beauvoir just moments away, the development sits alongside Regent’s Canal and adjacent to Shoreditch Park, offering the best of both green space and city living.
Old Street and Angel stations are both within walking distance, providing excellent connections across London, while the surrounding neighbourhood offers an outstanding mix of independent cafés, restaurants and local favourites.
Tenure: Leasehold (190 years) Service charge: £283 p/m Council Tax band: E Local Authority: Hackney
Value & comps
No previous sales on record.
Returns
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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 Novello House, Bridport Place, London, N1
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