We have in fact converted a 2BHK in a 1 BHK. Lots of thinking went in this so as to take of structure stability of the flat plus need to add Swing and Office area along with cabinets. This space was very tricky to design but finally we were able to nail it.
As regard to decor we actually added red bricks on the TV wall to give the look as feel of it. The red colored bricks were selected to give that subtle look as a bright or white color tiles could have killed the neutrality and soberness of the complete theme.