2-bedroom flat · WC2E 7DD
For saleListed 45 days
Opportunity summary
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About
Occupying the third floor of a handsome period building on Wellington Street, this well-proportioned two bedroom apartment offers generous lateral accommodation in one of Covent Garden’s most distinctive settings.
Extending to approximately 980 sq ft, the apartment has a particularly well-balanced lateral layout.
The generous primary reception room features a broad bank of windows facing south west, natural oiled timber flooring and a well designed integrated workspace providing a useful area for home working without compromising the main living space.
The separate kitchen runs along the Wellington Street elevation and combines extensive fitted cabinetry with integrated appliances and space for a dining table beside the windows.
From here there are direct views towards the Lyceum Theatre, a highly recognisable outlook that places the apartment unmistakably within Covent Garden’s historic theatre district.
Both bedrooms are comfortably proportioned doubles, with large windows and fitted shutters, served by two separate bathrooms, plus useful storage arranged around the entrance hallway.
The building itself has an unusually rich architectural pedigree. Forming part of Nos.
20–26 Wellington Street, this Grade II listed terrace was originally designed by theatre architect Samuel Beazley and constructed between 1833 and 1835.
Beazley’s connection to this part of London is particularly relevant, with the Lyceum Theatre opposite rebuilt to his designs around the same time.
Bringing a more contemporary take on the building’s long history, the current boutique residential scheme was completed in 2006 and designed by the influential British design practice Design Research Unit, now part of renowned international practice Scott Brownrigg.
The terrace also has an interesting literary association, with No. 26 occupied by Charles Dickens and the offices of All the Year Round from 1859.
From its elevated position above Wellington Street, the apartment sits at the centre of Covent Garden’s cultural quarter, with the Royal Opera House, Piazza, Strand and Somerset House all within a few minutes’ walk.
Covent Garden residents have access to some of the capital’s finest restaurants and retailers, alongside world-class theatres, museums and galleries.
The London School of Economics, King’s College London and the University of London all have major campuses nearby, while Soho, Mayfair, the City and the South Bank are all within easy reach.
Numerous transport options, including the Underground, Elizabeth Line, mainline rail and river services, make this one of the best-connected parts of central London.
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
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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.
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