3-bedroom flat · W1J 5DG
For saleReduced £500k (−8.6%) on 10 SepListed 381 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This exceptional new development by redd, offers a boutique collection of homes in one of London’s most coveted addresses.
Perfectly positioned just off the north-east corner of Berkeley Square, each residence has been exquisitely crafted in collaboration with renowned design studio 1508 London.
The internationally lauded design team have successfully honoured the traditional features of the building while creating sophisticated contemporary interiors.
Traditional plaster mouldings and cornicing, Havwoods European oak flooring in a herringbone pattern, and bespoke joinery throughout pay homage to the building’s storied history.
No detail has been overlooked to ensure comfortable and convenient contemporary living which includes underfloor heating in the bathroom, and curated lighting by Light Directions includes Crestron control.
The open-plan kitchen, living and dining area features a bespoke kitchen with natural stone worktops, Miele appliances, and sleek Dornbracht tapware.
An elegant dining area and sitting room flows seamlessly and has been cleverly designed to maximise the sense of space.
The generously proportioned bedroom has high-quality fitted wardrobes and a luxurious shower room.
Here, natural marble and porcelain tiles adorn the walls and floors, with bespoke vanities and heated towel rails creating a spa-like environment.
Security is paramount, with Banham locks, a video entry system, and a 24/7 concierge, while residents also benefit from lift access to all floors and a 999-year lease.
Located in Mayfair which is arguably London’s most exclusive neighbourhood, where grand Georgian architecture, Michelin-starred dining, exclusive private member’s clubs and luxury boutiques line leafy squares and cobbled lanes.
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About Charles, Charles Street, London
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