Studio flat · SW1P 2JJ
To rentReduced £100 (−3.8%) on 19 SepListed 39 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This studio apartment has a large, bright bedroom/ reception area with amazing views across London.
Description The apartment has a large, bright bedroom/ reception area, great storage space, a separate fully-fitted kitchen and a modern bathroom.
Cpr (cladding): It’s been tested and there are no works required.
Utility charge: In addition to the rent, tenants will pay a fixed charge of £100/ month to cover heating, hot water water charges and broadband.
(The marketing pictures is an example of the intended style of the apartments, the actual apartments may be different.) Location Centrally located in Westminster, just off Victoria Street, Luke House is within reach of the many amenities, restaurants, cafes and shops of Victoria, Westminster and Pimlico as well as giving easy access to the rest of the city.
0.2 miles (approx) to St James's Park Station (circle and district lines) 0.6 miles (approx) to Victoria station (underground and national rail services) Square Footage: 459 sq ft
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 26,, Luke House, Westminster
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