Striking industrial design with strong rental potential near Farringdon transport.
Large 1,243 sq ft loft with exceptional ceiling heights
Set within the iconic Paramount Building on St John Street, this newly renovated two-bedroom loft delivers striking industrial character with modern convenience. The apartment’s expansive 1,243 sq ft lateral layout, exceptional ceiling heights, exposed concrete and bespoke recessed kitchen create a strong rental and resale appeal in Clerkenwell.
The principal suite includes fitted storage and an ensuite; a second double bedroom and guest bathroom complete practical accommodation. A narrow balcony off the living area adds outdoor space; fast broadband and excellent mobile signal suit professional tenants and home-workers.
Important points to note: the property is leasehold with 95 years remaining and an average ground rent of £300, and the building’s solid-brick construction likely lacks cavity insulation. The wider area records higher crime levels and sits within a cosmopolitan, student-dominated neighbourhood — strong for rental demand but not ideal for buyers prioritising quiet residential streets.
Transport links are exceptional: Farringdon’s Crossrail, Underground, Thameslink and mainline connections make central London and airports readily accessible, supporting both short-term lettings and long-term capital growth. For investors seeking a characterful, turn-key Clerkenwell loft with clear rental potential, this apartment offers a compelling package; buyers seeking long lease terms or rural calm should note the tenure, local activity and maintenance considerations.