Old Street, London, EC1


This freehold office and showroom building on Old Street, EC1, was purchased in a near-derelict condition towards the end of 2015. There was an existing planning consent to add a floor of residential but following the purchase, a new consent was secured to add two floors of office space along with a rear infill.

A comprehensive redevelopment was completed in June 2018 which has resulted in the size of the building being almost doubled.

Purchase date

November 2015

Purchase price


Cost to date




Investor equity


Current value


Levered IRR


As at 31/12/2019