2-bedroom flat · SW1P 3AN
For saleListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description An impressive two double bedroom apartment in the newly constructed 9 Millbank Residence development, SW1.
The flat comprises a reception room with space for dining, a kitchen, the principal bedroom suite with a dressing area, a second bedroom suite and built-in storage.
The development features a luxury swimming pool and vitality pool, a fitness studio, sauna, steam and treatment rooms, a private residents' cinema, private meeting rooms, private dining facilities, underground parking, and 24-hour concierge service.
The 9 Millbank Quarter development is in the heart of Westminster's Political Quarter and part of the redevelopment of the historic 9 Millbank by renowned developer St Edward.
9 Millbank is a 10- minute walk from Westminster Underground Station, connecting you to Bond Street in 4 minutes, South Kensington in 9 minutes, and Heathrow Airport in only 40 minutes.
St James's Park and Pimlico underground stations are less than 15 minutes' walk, both of them one stop from Victoria overground and underground stations.
Soho and Covent Garden are within easy reach, just 1.5 miles away. Contact us to arrange a viewing! Tenure: Leasehold (997 years) Ground Rent: Service Charge: £12,500 per year
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 48, 9 Millbank, London
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