Summary - 38 FLAT 2 COMMERCIAL STREET LONDON E1 6LP
2 bed 2 bath Apartment
Characterful two-bedroom flat with transport and dining on your doorstep.
700 sqft warehouse-conversion with high ceilings and exposed brick
This first-floor warehouse-conversion apartment in Spitalfields offers 700 sqft of characterful living with original timber floors, exposed brickwork and high ceilings in the main reception. The open-plan living/kitchen is versatile and naturally bright, ideal for renters or buyers seeking an authentic London conversion in a central location.
Practical details favour long-term ownership and letting: a 100-year lease remaining, modest ground rent of £250, and a service charge of about £2,422 per year. There are two double bedrooms and two bathrooms, including an en-suite, which enhances rental appeal and flexibility for sharers or small families.
Buyers should note some material drawbacks: the building is solid brick with assumed no wall insulation, the double glazing was installed before 2002, and broadband speeds are reported as very slow. The local area has high crime levels and is rated very deprived, which may affect family suitability and tenant demand for certain demographics.
Transport and local amenities are a strong counterbalance — Liverpool Street, Elizabeth Line and Shoreditch High Street Overground are within easy reach, and the flat sits amid major restaurants, galleries and transport links that support strong long-term rental and resale prospects. Overall, this is a character-rich, centrally located apartment with clear upside for buyers willing to accept urban drawbacks or to invest in upgrades.
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