Guide price

£1,200,000

2 bed flat for sale
Canal Building, Shepherdess Walk, . Angel/Shoreditch/Islington N1

    • 2 beds

    • 2 baths

  • EPC Rating: C

Just added
Unfurnished
Added on 24/04/2026

About this property

  • 24 hour porter

  • 2 Bathrooms

  • Allocated Parking Space

  • Canalfront

  • Communal Roof Terrace

  • Communal Waterfront Area

  • Gated and secure development

  • High ceiling

  • Loft conversion

Canal Facing Stunning Warehouse Loft Flat | 2 Double Beds | 2 Bath | Large Kitchen | Laundry Room | Porter | Parking | Gated | 3.2M Ceilings | Iconic Canal Building

A rare water-facing warehouse apartment set within the iconic Canal Building, offering 1,072 sq ft of beautifully proportioned living space with authentic industrial character and direct canal outlooks. Positioned on the second floor, this exceptional home combines volume, light, and functionality, representing a standout opportunity within one of Islington’s most sought-after developments. First time to market in over 25 years, the property has been carefully held by the same ownership since 2001, making opportunities of this nature exceptionally rare.

Asking price: £1,200,000

  • Water-facing aspect with tranquil canal views
  • 2 Double Bedrooms
  • 2 Bathrooms (one en-suite)
  • Walk-in-wardrobe
  • 1,072 Sq Ft
  • Large open plan kitchen with abundance of storage
  • Laundry room with both seperate dryer and washing machine
  • 3.24m High ceilings throughout
  • Large Crittall-style windows (double glazed)
  • Hardwood flooring
  • 2nd floor
  • 24h porter
  • Fully gated development
  • Resident Canal Facing common area
  • Allocated underground parking
  • Secure bike storage
  • Service Charge: Approx. £7,186 per annum
  • Tenure: Leasehold approx. 970 years remaining
  • Live/Work
  • Ground Rent: £500 per annum

The space


The apartment is centred around a large open-plan kitchen and reception, designed for both entertaining and everyday living. The space is flooded with natural light through expansive Crittall-style windows (double glazed), while the 3.24m ceiling heights create an immediate sense of scale and openness.

The kitchen offers an abundance of storage, seamlessly integrated into the living space, making it both highly practical and visually clean.

The layout has been thoughtfully designed to maximise both privacy and flow, making it ideal for owner-occupiers and investors alike.
The building


The Canal Building was originally an industrial warehouse, historically operating as a textile and fabric factory, reflecting the area’s manufacturing heritage along the Regent’s Canal. In 2000, the building was converted into a collection of loft-style apartments and live/work spaces, carefully retaining its industrial character, including large factory-style windows and exposed structural elements. Today, it stands as one of Islington’s most distinctive warehouse conversions, offering authentic loft living within a secure, canal-side setting.

Location & connectivity

Set along the Regent’s Canal, Shepherdess Walk offers a unique balance of peaceful waterside living and immediate access to Central London.

Walking distance to Angel, Old Street & Shoreditch

  • Excellent transport connectivity
  • Moments from Upper Street’s restaurants, cafés, and boutiques
  • Scenic canal walks directly from your doorstep

Transport links


The property is superbly positioned between Angel Underground Station and Old Street Station, both within easy walking distance, providing fast access across London.

Angel Station (Northern Line – Zone 1)

Approx. 8–10 minute walk

Direct access to:

- King’s Cross St. Pancras – 2 minutes

- Euston – 4 minutes

- Bank (City) – 6 minutes

- London Bridge – 8–10 minutes

Old Street Station (Northern Line + National Rail)

Approx. 10–12 minute walk

Direct access to:

- Moorgate – 2 minutes

- Bank – 5 minutes

Shoreditch / Tech City – walking distance

Northern City Line (Great Northern rail services)

Both stations sit on the Northern Line (Bank branch), offering extremely efficient north–south connectivity through Central London.

Additionally, Angel provides connections nearby to multiple Underground lines via King’s Cross St. Pancras (Circle, Piccadilly, Victoria, etc.), making it one of the most connected locations in London.

Getting Around London

From Angel / Old Street you can reach:

  • King’s Cross / Eurostar – ~2 minutes
  • The City (Bank / Moorgate) – 5–6 minutes
  • London Bridge – ~10 minutes
  • Oxford Circus – ~12–15 minutes (via Northern + Victoria)
  • Canary Wharf – ~15–20 minutes (via Bank + DLR)
  • Heathrow Airport – ~45 minutes


The proximity between Angel and Old Street also means they are just one stop apart (approx. 3 minutes by tube).

Parks, canal & green spaces

The property sits directly by the Regent’s Canal, offering immediate access to one of London’s most scenic walking routes.

  • Regent’s Canal Towpath – on your doorstep
  • Walk east towards Victoria Park & Limehouse
  • Walk west towards King’s Cross & Camden


The canal provides a rare sense of tranquillity in Zone 1, with cafés, markets and waterside spots along the route.

Nearby green spaces include:

  • Shoreditch Park (approx. 10–12 min walk)
  • Highbury Fields (approx. 15 min walk)


Cafés, restaurants & lifestyle

This location sits between Angel, Shoreditch and Clerkenwell — three of London’s most vibrant lifestyle hubs.

Popular nearby spots include:

  • Ottolenghi Islington – renowned Middle Eastern-inspired dining
  • The Breakfast Club Angel – casual brunch favourite
  • Dishoom Shoreditch – one of London’s most in-demand restaurants
  • The Baring – high-quality gastropub


Upper Street is just moments away, offering:

  • Boutique shops
  • Independent cafés
  • Bars and nightlife


Groceries & everyday essentials

Everything you need is within walking distance:

  • Waitrose & Partners
  • Sainsbury’s
  • Tesco Express


Alongside:

Local bakeries

Organic stores

Convenience shops

Energy Efficiency Rating

EPC rating: C

Mortgage calculator

Monthly repayment

£6,002 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

  • Service charge

    £7,186 per year

  • Council tax band

    F

  • Ground rent

    £500

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