2-bedroom flat · NW1 6RQ
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stylish Two-Bedroom Apartment at Marylebone Quarter – Available Soon Marylebone Quarter, Penfold Place NW1 is just a minute’s walk from Edgware Road station, with direct access to the Bakerloo, Hammersmith & City, Circle and District lines, making it an excellent base for commuting across London.
The development sits within a lively and well-connected neighbourhood, with a wide range of restaurants, cafés, shops and everyday amenities close by.
This bright two-bedroom apartment offers a well-planned open-plan kitchen, dining and living area, finished in a clean, neutral style with light wood flooring and soft carpeted bedrooms.
The contemporary kitchen features sandstone matt cabinetry and integrated appliances, including a washer/dryer, full-height fridge freezer and dishwasher.
The furnished package includes a sofa, dining table and chairs, double bed with mattress, bedside tables and wardrobe.
The modern bathroom is finished to a high standard with a spacious shower and sleek contemporary fittings.
Residents also benefit from a landscaped communal courtyard and a private roof-level storage locker, providing useful additional space for luggage, seasonal belongings or sports equipment.
Enhanced insulation throughout the building supports excellent energy efficiency and sound insulation, helping create a comfortable home in a central London location.
Professionally managed by Add Living, residents benefit from a dedicated management team with detailed knowledge of the development, helping provide clear communication and a straightforward lettings experience.
Key Features Outstanding transport links Secure fob-controlled access Pet-friendly, subject to approval Hyperoptic broadband available 24/7 CCTV Private roof-level storage locker Landscaped communal courtyard Professionally managed development Please note: Photos may show a show apartment within the development.
Individual layouts and finishes may vary. Please refer to the relevant floorplan for exact details. Book a viewing or enquire today at Addliving.co.uk
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 Miles Buildings, Penfold Place, City Of Westminster, London
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