2-bedroom flat · SW3 3AG
To rentListed 127 days · slow let
Opportunity summary
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About
An elegant second-floor two-bedroom apartment extending to approximately 1,142 sq ft within The Lucan - Chelsea’s acclaimed boutique development combining exceptional contemporary design, world-class concierge services and beautifully crafted interiors inspired by the area’s classic Victorian mansion buildings.
OB Private are delighted to present this beautifully proportioned two-bedroom apartment situated on the second floor of The Lucan, one of Chelsea’s most prestigious new residential developments.
Extending to approximately 1,140 sq ft, this exceptional unfurnished residence combines elegant contemporary living with the refined service and amenities expected of a world-class development.
Inspired by Chelsea’s grand Victorian mansion blocks, The Lucan is an exceptional blend of timeless architecture and contemporary craftsmanship.
The striking exterior combines warm red brick, art deco green tiling, minimalist glass and aluminium detailing, creating a distinctive architectural identity that sits effortlessly within the rich heritage of the Royal Borough of Kensington and Chelsea.
The building’s dramatic embroidered archways create an impressive sense of arrival, whilst the development’s unique positioning without adjoining neighbouring buildings provides a rare sense of privacy and openness in central London.
Inside, the apartment has been thoughtfully designed to maximise natural light and space, with expansive floor-to-ceiling windows opening onto balcony-style glazing, creating an airy and tranquil atmosphere throughout.
The spacious reception and dining area flows seamlessly into a beautifully appointed contemporary kitchen featuring bespoke cabinetry and integrated premium appliances.
Both double bedrooms are generously proportioned with luxurious en suite bathrooms and extensive fitted storage, whilst engineered oak flooring, comfort cooling and refined natural finishes continue throughout the residence.
Additional amenities include 24-hour concierge and security, valet parking, a fully equipped residents’ gymnasium and beautifully designed communal areas, all delivered with the discreet service and attention to detail synonymous with the development.
The Lucan occupies an enviable position in the heart of Chelsea, moments from King's Road, Sloane Square and South Kensington.
Long regarded as one of London's most desirable neighbourhoods, Chelsea offers an exceptional blend of world-class restaurants, luxury boutiques, renowned galleries and private members' clubs, all set amongst elegant garden squares and historic architecture.
Residents are perfectly placed to enjoy the village atmosphere of Pavilion Road, the open spaces of Burton Court and Chelsea Physic Garden, whilst Harrods, Hyde Park and Belgravia are all within easy reach.
Combining timeless prestige with a vibrant contemporary lifestyle, Chelsea remains one of the capital's most sought-after addresses.
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
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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 2.04 The Lucan, 2, Lucan Place, London
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