1/6
£375,000
Flat · 1 bed · 1 bath · 381 sq ft
London, EC2M
0.04 miles away
Leasehold
1/12
1/12
2 bed flat for sale New Street, City, EC2M
Asking price
£1,750,000
Added on 23/09/2026
Added on 23/09/2026
Retirement home
- Type
- Flat
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- £743 per sq ft
- Tenure
- Leasehold
Key features
- AC
- Built in Kitchen Appliances
- Built in Wardrobes
- Central A/C & Heating
- Excellent Condition
- Lateral apartment
- Lift
About this property
Lying in The Tapestry Building, an 18th-century warehouse originally built by the East India Company, this expansive apartment brings a rare sense of volume and character to the heart of the City. Positioned on the second floor and one of just two apartments on the level, it feels private despite its central setting, with a boutique quality that is increasingly hard to find in this part of London. Accessed through a courtyard behind wrought-iron gates, the building makes an immediate impression.
Floorplan
Council tax
Ask agent
Per year
- Band A£1,225
- Band B£1,429
- Band C£1,634
- Band D£1,838
- Band E£2,246
- Band F£2,655
- Band G£3,063
- Band H£3,676
The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Tower Hamlets, 2026/27 bills run from £1,225 a year in band A to £3,676 in band H.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across Tower Hamlets, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.
Location
New Street, City, EC2M
Mortgage and stamp duty
Property price £1,750,000
£870k £2.6m
Deposit10% £175,000
£0 £1.8m
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £1,575,000 mortgage. Most lenders would want a household income of about £350,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Apartment 1, Tapestry Building, 16, New Street Flat / maisonette | Flat / maisonette | Mar 2025 | 2,250 sq ft £926/sq ft | 2,250 sq ft | £926 | £2,084,000 |
| Apartment 7, Tapestry Building, 16, New Street Flat / maisonette | Flat / maisonette | Apr 2024 | n/a | n/a | n/a | £2,200,000 |
| Apartment 6, Shield House, 16, New Street Flat / maisonette | Flat / maisonette | Sept 2022 | n/a | n/a | n/a | £1,230,000 |
| Apartment 10 Shield House, 16, New Street Flat / maisonette | Flat / maisonette | Dec 2020 | n/a | n/a | n/a | £1,800,000 |
| Apartment 1, Tapestry Building, 16, New Street Flat / maisonette | Flat / maisonette | Dec 2014 | 2,250 sq ft £1,000/sq ft | 2,250 sq ft | £1,000 | £2,250,000 |
| Apartment 3, Tapestry Building, 16, New Street Flat / maisonette · new build | Flat / maisonette · new build | Jun 2014 | n/a | n/a | n/a | £1,999,999 |
| Apartment 6, Shield House, 16, New Street Flat / maisonette | Flat / maisonette | Apr 2014 | n/a | n/a | n/a | £1,675,000 |
| Apartment 7, Tapestry Building, 16, New Street Flat / maisonette | Flat / maisonette | Aug 2013 | n/a | n/a | n/a | £2,300,000 |
All sales on New Street → All sold prices in Tower Hamlets →
Area insights
The neighbourhood around this property.
Marketed by
United Kingdom Sotheby's International Realty, Mayfair - United Kingdom Sotheby's International Realty
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