Log In/Sign up
Your email has been sent.
Project Lute 2 Build-to-Rent Properties Offered at £5,000,000 in London
Investment Highlights
- Freehold Shoreditch & Aldgate blocks
- 67% discount to open market value
- 23 beds with strong value-add potential
Executive Summary
Project Lute comprises a freehold portfolio of two self-contained residential buildings located in the highly sought-after Central London districts of Shoreditch and Aldgate. Together, the assets provide 23 beds across 12 generously sized apartments, offering a total area of 7,277 sq ft and a current passing rent of £319,800 per annum. Both buildings - 7–11 French Place (E1) and 7–8 Whitechurch Passage (E1) - are fully held freehold and present a compelling value-add opportunity, with the ability to undertake rolling refurbishment as ASTs expire, enabling re-letting at full market levels or potential break-up sales at an individual unit basis.
Situated in exceptionally well-connected and supply-constrained micro-locations, the properties benefit from proximity to major transport hubs including Shoreditch High Street, Old Street, Liverpool Street, Aldgate and Whitechapel stations, all within short walking distance. The immediate surroundings provide a rich mix of cultural, retail and leisure amenities, appealing strongly to young professionals and students - demographics that dominate both areas. Offered at a 67% discount to open market value, Project Lute provides an attractive entry point into the Central London residential market, with clear scope for rental reversion and long-term capital appreciation across both assets.
Situated in exceptionally well-connected and supply-constrained micro-locations, the properties benefit from proximity to major transport hubs including Shoreditch High Street, Old Street, Liverpool Street, Aldgate and Whitechapel stations, all within short walking distance. The immediate surroundings provide a rich mix of cultural, retail and leisure amenities, appealing strongly to young professionals and students - demographics that dominate both areas. Offered at a 67% discount to open market value, Project Lute provides an attractive entry point into the Central London residential market, with clear scope for rental reversion and long-term capital appreciation across both assets.
Property Facts
| Price | £5,000,000 | Number of Properties | 2 |
| Price psf | £687.10 / sq ft | Individually For Sale | 0 |
| Sale Type | Investment | Total Property Size | 7,277 sq ft |
| Status | Active |
| Price | £5,000,000 |
| Price psf | £687.10 / sq ft |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Property Size | 7,277 sq ft |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 7-11 French Pl, London E1 6JB | Build-to-Rent | 4,690 sq ft | 2009 | - |
| 7-8 White Church Passage, London E1 7QU | Build-to-Rent | 2,587 sq ft | 2024 | - |
1 1
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Project Lute
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.