8-bedroom house · W1G 9TJ
Listing removedListed 261 days
Opportunity summary
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About
This Grade II listed unmodernised terraced building on New Cavendish Street is arranged over six storeys including lower ground floor and retains strong period character.
The property comprises multiple units, configured as five residential apartments and one ground floor commercial unit, all of which are currently rented.
The property is positioned within close proximity of Marylebone High Street and the surrounding village amenities.
Residential accommodation provides a mix of studio, one-bedroom and two-bedroom units including a duplex arranged over the third and fourth floors.
The commercial unit benefits from a prominent shopfront with ionic columns and is arranged as an open-plan trading area with ancillary space to the rear, suitable for continued use or alternative retail or service use subject to the usual consents.
New Cavendish Street is within reach of boutique shops, restaurants and day-to-day amenities of Marylebone High Street, Mayfair, Fitzrovia and Soho, all within easy reach.
The nearest tube stations are Bond Street, Great Portland Street, Regent’s Park, Oxford Circus and Goodge Street, providing easy access to Central, Circle, Hammersmith & City, Metropolitan, Bakerloo, Victoria and Northern and Elizabeth lines.
Residential Flat 1 (Mezzanine): Studio, 247 sq ft Flat 2 (First floor): Two bedrooms, 549 sq ft Flat 3 (Second floor): One bedroom, 538 sq ft Flat 4 (Third & fourth floors): Two bedroom duplex, 775 sq ft Flat 5 (Basement): Two bedrooms, two bathrooms, 904 sq ft Commercial: Shop (current use: Hair salon): 689 sq ft Commercial Vault Stores: 183 sq ft Communal: 409 sq ft Exterior Interior Location
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Flat 1-5, 45, New Cavendish Street, London
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