2 bed Flat (for sale) The Factory, Nile Street N1

£5,500,000
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RED Property Partnership
501 Kingsland Road, London
020 3463 2543
First Published

30th Nov 2018

Last Published

15th Oct 2020

 

Features

  • Type: Flat
  • Bedrooms: 2
  • Listing status: sale
  • Country: England

Description

A spacious and unique duplex apartment for sale in a stunningly converted factory on Nile Street. Split over the 3rd and 4th floors of the building this property has hardwood flooring throughout, large industrial windows, high ceilings, exposed brickwork and beams. The loft-conversion is the largest property in the building with over 3,000 square feet of living space and a further 2,000 square feet of roof terrace. The apartment boasts a large open-plan living area, two bedrooms and two bathrooms. There is an opportunity to add more bedrooms if desired and endless possibilities to reconfigure the space. The property also benefits from a built-in home cinema set up, two parking spaces, automatic irrigation system on the roof terrace, a porter and lift access. With urban rooftop views from the terrace, which can be accessed via two separate points, this penthouse evokes the very essence of loft living.

A former Edwardian print works, The Factory was converted into apartments in 1998/1999 by the Manhattan Loft Corporation. Situated in a triangle between Clerkenwell, Islington, and Shoreditch, Nile Street has remained popular for warehouse lovers.

The shopping facilities on Upper Street are easily reached on foot, and Hoxton Square with its many Art Galleries, Cafes, Bars, Restaurants, and Boutiques is only a short walk away. For transport, both Old Street and Angel Tube Stations are within 5-10 minutes walking distance.

 

Local info for N1

Floor plan

 

Property Value Data/Graphs for N1

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 78.4% £763,399 1.9 1.3
Terraced house 6.2% £1,740,369 3.5 1.9
Maisonette 5.9% £726,788 2.4 1.1
Other 2.7% £928,331 2.1 1
Studio 1.6% £486,382 0 0.7
End terrace house 1.5% £1,530,002 3.5 2.8
Houseboat 1% £125,333 1.1 1
Semi-detached house 0.8% £1,871,429 4 2.6
Town house 0.6% £1,514,000 4 2.8
Detached house 0.6% £1,753,990 3.4 2.6
Parking/garage 0.3% £53,333 0 0
Block of flats 0.2% £1,860,000 0 0
Mews house 0.1% £775,000 2 1

Area Information

Average Price Paid

£841,680

Sales

6361

Current Average Value

£845,147

Value Change

£3,467 0.4%

 

Current Asking Prices in N1 Average: £845,147

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £321,000 (13) £1,159,059 (16) £1,337,368 (38) £1,861,399 (25) £2,053,333 (15)
Flats £525,807 (217) £798,101 (376) £940,654 (139) £1,256,249 (4) -
All £514,231 (230) £812,834 (392) £1,025,825 (177) £1,777,930 (29) £2,053,333 (15)

Nearby Properties

3 bed Flat () Knightsbridge, London SW1X £30,000,000
6 bed Detached house () Avenue Road, St. John's Wood, London NW8 £27,500,000
8 bed () Princes Gate, London SW7 £27,000,000
5 bed Terraced house () Park Place, St James's, London SW1A £25,000,000
5 bed Detached house () Hamilton Terrace, St Johns Wood, London NW8 £25,000,000
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