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This property was removed from Dealsourcr.

2 Bed Detached House, Single Let, London, N1 5BG £3,250,000

The Shoe Factory, Downham Road, N1 5BG - 2 views - a year ago
  1. Deal Search
  2. London
  3. N1
  4. N1 5BG
Under Offer
BTL
~68 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Property History

Listed for £3,250,000

October 7, 2024

Floor Plans

Description

  • Former Shoe Factory +
  • Rare freehold opportunity +
  • Authentic warehouse +
  • Over 4000 sq/ft internally +
  • Off road parking +
  • Chain free sale +
  • Council Tax Band - F +

An unmissable opportunity to acquire a former Shoe Factory freehold building in one of East London’s most desirable neighbourhoods.

For the first time since 1982, this extraordinary free-standing warehouse is available for purchase. Properties like this rarely come to market, especially with such history, character, and untapped potential. Spanning an impressive 4,114 sq. ft internally with two small garden areas and off road parking, this unique space, which has served as an artist's live/work studio for over 40 years, offers unparalleled opportunity for both residential living and creative use.

As you step through the unassuming entrance and make your way down the 14-metre hallway, anticipation builds. Upon opening the door to the upper floor, you'll be greeted by one of the most dramatic warehouse spaces in London. The pitched ceilings rise to 5.5 metres with exposed brickwork and the beautiful original baltic pine floor. The space is flooded with natural light from large Crittall windows to the East and South and a vertical skylight that runs the length of the room. The ceiling showcases stunning wooden trusses and structural steelwork, further highlighting the building’s industrial heritage. The green outlook from the upper floor and its sense of privacy create a rare urban retreat, making this a truly special living space.

The lower level is equally captivating, with 3.25m ceilings and large Crittall windows that open onto two small garden areas which could be transformed into an indoor-outdoor living area (subject to necessary consents). The striking herringbone-strutting joist braces on the ceiling add to the character, while this level also offers immense potential for customisation, blending history with modern possibilities.

Originally built as a shoe factory in 1925 and designated as a B1 commercial property, the upper part of the warehouse was classified as residential by the Valuation Office in 1999. However, the building offers the new owner an opportunity for conversion or adaptations to residential or mixed uses, subject to consent.

The area to the North is precincted and offers quiet pedestrian and cycle routes to the vibrant array of independent cafe s, shops, pubs and restaurants of De Beauvoir Town, such as The Talbot, The Scolt Head, and The De Beauvoir Arms. Nearby is The Baring, which recently earned a Michelin Star. For daily essentials and gourmet treats, residents can enjoy the renowned De Beauvoir Deli, De Beauvoir Wholefoods, Sweet Thursday Pizzeria, and Batch Baby Cafe , with two nearby Tesco supermarkets adding further convenience. Outdoor enthusiasts will appreciate the proximity to Regent’s Canal, Rosemary Gardens, London Fields, and the newly revitalised Shoreditch Park, home to the state-of- the-art Britannia Leisure Centre. The property is also well-connected, with Haggerston, Dalston Kingsland, and Dalston Junction Overground stations just a short distance away, while the Northern and Victoria lines are easily accessible via Old Street and Highbury & Islington stations. There is a very good bus service along both Kingsland and Southgate Roads.

A true once-in-a-lifetime opportunity that combines the best of warehouse living with its private, leafy outlook, make it ideal for those seeking a truly distinctive home or creative space.

Agent Details

Urban Spaces, Loft Living & Unique Properties

020 3910 0873

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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