3-bedroom flat · WC2R 3AT
To rentListed 141 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Short let - A stunning brand new three bedroom apartment, wonderfully located in this historic central location, moments from the River Thames, Covent Garden and the South Bank.
This property is finished to the highest specification, including three beautifully designed marble bathrooms, electric blinds, mood lighting settings and a stylish furniture pack.
This development benefits from daytime concierge as well as residents cinema room complete with sky TV.
The third bedroom is adaptable as either a study or bedroom with pull out sofa bed, offering flexible living arrangement.
The bars, restaurants, luxury shopping and vibrant nightlife of Covent Garden is only a short walk away. Transport links are superb with Temple and Chancery Lane underground stations close by.
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Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Flat 16, 29, Essex Street, London
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