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See how verdicts work3-bedroom flat · W1W 5HD
For saleListed 1 dayAuction 11 Nov · in 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Well Located Second Floor Three Bedroom Flat Let to HCA Limited Trading as The Portland Hospital Producing £50,049.48 Per Annum
The property comprises a second floor three bedroom flat situated within an attractive, portered, purpose built block arranged over ground and five upper floors.
Tenure
Leasehold. The property will be held on a new 999 year lease from completion.
Location
The property is situated in the highly sought after area of Marylebone. Close to local shops and amenities. The open spaces of Regent's Park are within easy reach.
Transport links are provided by Regent's Park underground station (Bakerloo line) and Marylebone rail station.
Accommodation
Second Floor
Reception Room Kitchen Three Bedrooms (One with En-Suite) Shower Room
Exterior
The property benefits from lifts and a porter.
Tenancy
The property is subject to a lease to HCA Limited t/a The Portland Hospital for a term of five years commencing 7th July 2023 at a rent of £4,170.79 per calendar month. Annual RPI linked reviews.
We are advised by the Vendor that the property that if let at market rent, the property would rent for £7,000 per calendar month. Reflecting a gross initial yield of 8.6%.
Buyers must rely on their own enquiries.
Energy Efficiency Rating (EPC)
Current Rating C
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable.
Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Flat 36, 105 Hallam Street, Marylebone, London, W1W 5HD
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