1-bedroom flat · WC2R 0NP
For saleReduced £30k (−4.1%) on 24 JunListed 438 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fantastic one bedroom apartment, perfectly positioned between the legendary Strand and the vibrant heart of Covent Garden.
The Piazza Residences, a exclusive boutique collection of beautifully designed homes that combine luxury with convenience.
Spacious open-plan living area, featuring a sleek, modern kitchen equipped with premium integrated appliances, elegant engineered wood flooring runs throughout, the generous bedroom offers built-in storage solutions, while the contemporary bathroom exudes modern comfort.
Plus, enjoy additional storage options throughout the apartment. * Attention Investors - This flat is currently achieving a gross rental yield of 4.7%.
The apartment is rented for £2,817 p/m on a 24-month AST (12 month mutual break clause) from 20/04/2025 to the 19 April 2027.* All the bars, shops, theatres, restaurants, buses, the Tube, and trains in Covent Garden, Charing Cross, and Trafalgar Square are all within a five-minute walk.
Additionally, lse's main campus is just a short stroll away.
Length of lease: Commencing on and including 1 January 2011 for a term of 999 years expiring on and including 31 December 3010 Annual ground rent amount: Peppercorn Ground rent review period (year/month): N/A Annual service charge amount (£) Approx.
£4,691 per annum Service charge review period (year/month): Payable half yearly in advance. Council tax band - Westminster Band F
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 2, (14), Piazza Residences, Covent Garden
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