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 work1-bedroom flat · WC2B 5LQ
For saleReduced £70k (−8.1%) on 6 OctListed 420 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Apartment two features generous ceiling heights throughout enhancing the sense of volume and space.
The well proportioned living area is filled with light, complementing the natural fixtures & finishes in warm tones, providing a perfect space to relax or entertain.
Full height floor to ceiling windows feature throughout with views over the quiet pedestrianised street below.
The kitchen features a mix of highly contemporary finishes, fully integrated Bosch appliances, polished composite work surfaces and a breakfast bar.
The generous bedroom benefits from oak floors, bespoke built-in wardrobes and is decorated in a warm & neutral colour palette with large windows allowing plenty of natural light.
The beautiful bathroom features contemporary fixtures and finished in marble to the floor and walls and has an additional shower.
Stukeley Street is located off Drury Lane, away from the hustle & bustle of London's West End but perfectly positioned for easy access to the wonderful Seven Dials Village with its cobbled streets, independent shops and the fantastic Seven Dials Market.
Nearby, Covent Garden's famed Piazza and surrounding streets offer some of the Capital's finest shopping, dining and entertainment.
Not only is this part of London a world class entertainment and retail district, but also a globally recognised centre for learning.
The University of London has several member institutions with local campuses including The London School of Economics & Political Science (lse), Kings College London, University College London, Birkbeck, London School of Hygiene & Tropical Medicine and soas.
Transport links abound with Covent Garden, Holborn & Tottenham Court Road tube stations all nearby, The City also within easy reach by Tube, foot or bicycle.
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
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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
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FAQ
About Apartment 2, 16.5 Stukeley Street, Covent Garden
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