House · NW1 4BG
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property comprises one building - a prominent former church building occupying a landmark position within a prime Central London location The building is a Grade II* listed heritage asset and was most recently occupied as St George’s Cathedral, serving the Antiochian Orthodox community until its closure in 2023 The property extends to approximately 10,802 sq ft (1,004 sq m) GIA and 9,350 sq ft (869 sq m) NIA The current planning use is understood to fall within Use Class F1 (Learning and Non-Residential Institutions).
Interested parties should satisfy themselves as to the current permitted use and any planning restrictions associated with the building.
The building may be suitable for a range of educational, cultural, community, institutional and religious uses within Use Class F1, subject to the necessary consents The building is included on Historic England’s Heritage at Risk Register, reflecting the requirement for refurbishment and investment to secure its long-term future Available with vacant possession There are existing tenants under a periodic tenancy Christ Church occupies a prominent position on Albany Street within a prime Central London location in the Borough of Camden.
Situated between Regent’s Park, Fitzrovia and Camden Town, the property benefits from an exceptional setting at the heart of one of London’s most vibrant and established districts.
The surrounding area is characterised by a diverse mix of residential, educational, cultural and commercial uses, creating a lively and dynamic environment with a strong sense of place.
A wide range of cafés, restaurants, public houses, hotels and retail amenities are available nearby, whilst the internationally recognised destinations of Marylebone, Fitzrovia and the West End are all within easy reach.
Regent’s Park lies immediately to the south of the property and provides one of London’s most significant areas of open green space, offering an attractive backdrop to this historic part of the capital.
The area is further distinguished by its impressive architecture, notable institutions and rich heritage, contributing to its enduring appeal and established reputation as a sought-after Central London destination.
Transport The property benefits from excellent transport connectivity, reflected by its PTAL rating of 5, providing convenient access to Central London, the national rail network and major airports.
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
Agent & docs
FAQ
About Albany Street, London NW1
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