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See how verdicts work1-bedroom flat · EC4Y 8AD
For saleReduced £30k (−6.1%) on 29 SepListed 728 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the raised ground floor of this residential building is this fantastic one bedroom apartment having the advantage of a fully fitted kitchen, good size reception area modern bathroom and good size bedroom.
The property has been finished to a good standard, has wooden floors, tiled bathroom and carpeted bedrooms.
Lombard Lane is situated just off fleet street close to temple and is within easy walking distance of Covent Garden and St Pauls.
Ideally located for anyone working in the city who wants an easy walk to the office.
This area close to St Paul's and Fleet Street offers many bars, pubs and restaurants and is within easy walking distance of the river and the Millennium Bridge.
Covent Garden to the west is also easily accessible.
Also close by is St paul's underground station (Central Line) Blackfriars and Temple (Circle and District Line) and the new Crossrail Station at Farringdon.
Within walking distance are Marks & Spencer and Tesco. Also within easy reach are St.
Pauls' Cathedral, The River, South Bank, Tate Modern, and the One New Change Shopping Complex with sixty shops, restaurants and Bars.
Lease: 999 years Service Charge: £4,600 per annum (including Reserve Fund Payment) Ground Rent: £400 per annum Council Tax Band E: £1,557.20 per annum (25% discount for single occupancy)
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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 Flat 3, 4-7 Lombard Lane, London
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