1-bedroom flat · SW1P 4LY
To rentListed 74 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stylish, sophisticated and immaculately presented. This is a beautiful 1 bedroom, 1 bathroom apartment in one of Westminster's most sought after modern developments.
Description This is a remarkable apartment presented in immaculate condition throughout.
Set on the fifth floor of a highly regarded modern development in central Westminster, this apartment has been lovingly furnished and benefits from a beautiful parquet wooden floor, large windows and contemporary fixtures throughout.
The apartment comprises: 1 double bedroom, reception, open-plan kitchen, 1 bathroom and entrance hallway. There is garaged parking for 1 car. Drake House has a 24/7 concierge.
Cpr (Cladding): It’s been tested and there are no works required.
Location Drake House is an exciting new residential development located to in the heart of Westminster, to the south of St James Park and east of Victoria.
The area includes some of London's most iconic landmarks, yet retails a surprisingly village like atmosphere.
The property is within reach of the many amenities, restaurants and shops of Victoria, Westminster and St James.
Local parklands include: Green Park and St James Park Transport Links include: Circle & District Lines (St James’s Park): Approx 0.3 miles Victoria and mainline rail services (Victoria): Approx 0.5 miles Jubilee Line (Westminster): Approx 0.5 miles Square Footage: 676 sq ft Additional Info Holding Deposit: £957.69 (1 week's rent) Deposit payable: £4,788.46 (5 week's rent) Rent must be paid monthly in advance
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
Short-let restrictions apply
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
FAQ
About Flat 52,, Drake House, Westminster
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