Development partnership Drewin and DHE has officially launched the boutique residential scheme, Britannia Lofts, for sale through Chestertons. The launch introduces 18 loft-style apartments within a sensitively converted former commercial building on Banner Street, EC, to the market with prices starting from ยฃ690,000.
Located moments from Old Street and Clerkenwell, the development transforms a once hard-working industrial and commercial building into a boutique collection of just 18 loft-style apartments. Five apartments have already been sold with the remaining units priced for ยฃ690,000 to ยฃ1,460,000. The scheme reflects a wider evolution across central London, where historic industrial structures are increasingly being reimagined as highly sought-after residential addresses.
In the 19th and early 20th centuries, buildings of this kind played a central role in driving Londonโs rapid expansion, housing warehouses, workshops, and small-scale manufacturing that shaped the cityโs economic and architectural identity. Today, these robust structures offer qualities that are increasingly rare in new development: generous proportions, natural light and architectural integrity.
At Britannia Lofts, that legacy has been carefully retained and reinterpreted. The development preserves the essence of the original building through its industrial framework, including high ceilings, expansive windows and a strong material language that references its commercial past. These retained characteristics are complemented by contemporary interventions, including bespoke kitchens, refined finishes and thoughtfully considered layouts designed for modern living.
The development comprises a mix of one-, two- and three-bedroom apartments, each designed to reflect the buildingโs industrial heritage while delivering a contemporary residential specification. Internally, the apartments are characterised by generous ceiling heights, large-format glazing and open-plan layouts that maximise natural light and reinforce the sense of volume associated with the buildingโs original warehouse structure, with selected units also offering private terraces or outdoor space.
Kitchens are individually designed and finished to a high specification, incorporating bespoke cabinetry, stone worktops and a full suite of integrated appliances. Living spaces are finished with engineered timber flooring, while bathrooms feature a micro-cement finish, fitted storage solutions, and refined sanitaryware, creating a clean and understated aesthetic throughout.
Attention has also been given to comfort and efficiency, with modern building services and insulation standards supporting year-round liveability within the retained structure. Communal areas have been carefully upgraded to provide a secure and well-considered residential environment, while maintaining the buildingโs original industrial character.
The development also includes adding two penthouse levels and reconfiguring the ground-floor commercial space, ensuring the building continues its long-standing mixed-use role within the Clerkenwell and Old Street area.
The homes are designed to appeal to both owner-occupiers and investors seeking properties that combine heritage, character and central London connectivity, rather than conventional new-build formats.
George Davey, Director, East London Residential Development at Chestertons said: โBritannia Lofts sits firmly within a segment of the London market where demand for character-led, centrally located homes continues to outstrip supply. We are seeing sustained interest from both domestic and international buyers for properties that offer genuine volume, architectural distinction and strong connectivity, particularly in areas such as Clerkenwell and Old Street.
โSchemes of this nature are relatively limited, which is reflected in the level of enquiry. The combination of industrial conversion, boutique scale and high-quality specification positions Britannia Lofts competitively within the wider EC1 market, where well-executed, design-led developments continue to achieve strong pricing resilience.โ
Andrew Larkin, Director at Drewin: โBritannia Lofts has been developed with a clear respect for the buildingโs industrial heritage. Our aim was not to erase its past, but to enhance it, creating homes that feel rooted in the character of Clerkenwell while meeting the expectations of modern London living. The result is a limited collection of apartments that offer individuality, quality and a strong sense of place.โ
The development is situated within walking distance of Old Street station, providing access to the Northern line and onward connections to the City, West End and Canary Wharf. The surrounding area continues to evolve as a major hub for technology, creative industries and professional services, supporting sustained demand for well-located residential property.
Prices at Britannia Lofts start from approximately ยฃ690,000, with completion anticipated from 2026 onwards, available via Chestertons. For more information visit: https://www.chestertons.co.uk/properties/21586477/sales
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