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3 bed Flat For Sale £1,500,000
Banner Buildings II, Banner Street, London EC1Y


Description
This light-filled split-level apartment is positioned within Banner Buildings, a handsome former factory built in 1911 for the Chater-Lea Bicycle Company in Clerkenwell. Unfolding over 1,600 sq ft internally, the living spaces are largely open plan and there are three spacious bedrooms. Characterised by its double-height ceilings and vast Crittall windows, the current owners have added a considered palette of materials, including birch plywood and stainless steel, which work in harmony with the apartment’s industrial aesthetic.

The Building

Banner Buildings was thoughtfully converted to apartments in the 1990s and can be found on Banner Street, which is a quiet one-way road positioned between Old Street and Clerkenwell. The interior plan of this apartment has been carefully laid out to create a series of simple spaces, executed with exemplary care and balancing functionality with a pleasant sense of flow. The communal areas are immaculately maintained, and there is a video entry-phone system and a lift that services all floors. Residents are also able to lease bike storage on Banner Street.

The Tour

Entry to the building is on the raised ground floor, through to an immaculately maintained communal area with floating staircases, exposed concrete walls and a warm birch plywood canopy. The apartment is accessed on this level, where the front door opens to a small lobby area with a conjoining WC.

Arranged in reverse, the voluminous living spaces unfold from the lobby area, with bedrooms on the lower ground floor. Original Crittall windows extend the length of the room, allowing natural light to pour through deep into the plan and a built-in plywood sideboard underneath provides ample storage with a useful ledge for planting. The apartment has been decorated with a neutral palette that sensitively enhances the original fabric of the building; exposed white-washed brick and plaster walls chime harmoniously with the carefully-preserved original maple floorboards.

The sleek contemporary kitchen is positioned at the opposite end of the plan, with stainless steel and white cabinetry. The Corian worktop has been cleverly configured in a u-shape, creating an excellent vantage point for cooking and entertaining while demarcating this area from the open-plan dining and living space. An abundance of light illuminates this area from the newly fitted Crittall windows at the rear.

A plywood staircase leads to the lower-ground level, where floor-to-ceiling bookcases emphasise the tremendous sense of flow and volume throughout this floor. There is a built-in study area nestled underneath, perfect for home working.

Three spacious double bedrooms lead from the central corridor; the Crittall windows from the living area extend into these rooms, forming a light-well. The main bedroom has an en suite shower room, replete with white subway tiles and contrasting grey grouting, plywood floors underfoot and a traditional enamel bucket sink. The second bedroom and third bedroom are of a similar size, one of which is currently being used as a studio. The walls in the main bathroom have been clad in white square tiles from floor to ceiling. Something of a sanctuary, steps lead to a striking plunge bath and a rose shower; at the rear of this floor is a useful utility and storage cupboard. There is a second entrance to the apartment from here, leading directly to the lower ground floor.

The Area

The apartment is conveniently situated between Old Street and Clerkenwell on a quiet one-way street. Nearby Whitecross Street is home to an excellent street food market, open for lunch on weekdays.

Clerkenwell is renowned for the quality and variety of its bars and restaurants, most notably the nearby St. John and Luca. Exmouth Market is a short walk away, and St Paul’s, Smithfields and the City are within easy reach to the south. Whitecross Street also has a convenient Waitrose. The Barbican Centre, with its world-class cultural programme of cinema, music, theatre, talks and exhibitions, is a few minutes walk from the apartment. London’s financial district is a short stroll to the south.

The Underground stations of Old Street (Northern Line), Barbican and Farringdon (both Circle, Hammersmith and City and Metropolitan Lines) are all within walking distance. Farringdon will be connected to the Elizabeth Line / Crossrail when it’s completed.

Tenure: Share of Freehold
Lease Length: Approx. 973 years remaining
Service Charge: Approx. £2,740 per annum
Council Tax Band: G

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