We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · WC2R 0JU
For saleListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well appointed two bedroom apartment is situated on the third floor of 1 Exchange Court, an historic period building originally dating from 1630, latterly redeveloped by The Hadley Group in 2014 to create a boutique scheme of modern apartments in the heart of London's vibrant West End.
This mews-like location, accessed via the Strand or Maiden Lane, is situated adjacent to Covent Garden's famed Piazza, yet offers a quiet and secluded getaway from the hustle & bustle of central London life.
Behind the historic façade and grand entrance, common areas are finished to a high specification in neutral tones and natural materials, offering a welcoming environment for residents & guests.
A passenger lift serves all floors. The apartment offers a feeling of calmness throughout, with a high quality mix of classic and contemporary finishes, all in a modern, neutral palette.
The open plan living & dining area provides an inviting space to relax and entertain, with natural stained timber floors, and a bright contemporary kitchen finished with smart integrated Miele appliances.
Two generous double bedrooms each offer ample storage space, with an en-suite shower room off of the principal bedroom and a further family bathroom.
Exchange Court is extremely well located, being in the heart of London's vibrant West End, yet this quiet, tucked away corner offers the perfect respite from the hustle & bustle of Central London life.
What we love Open plan kitchen reception Two good sized bedrooms Ensuite to principal bedroom Quality wooden floors throughout Secluded location.
What you need to know Lease length of 991 years Annual ground rent £500 Annual Service charge £6,895.21 Lift Secure gated development.
Value & comps
No previous sales on record.
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 asking
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
.png)
FAQ
About Flat 6, 1 Exchange Court, Covent Garden
Explore nearby