Studio flat
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This contemporary studio apartment is on the second floor, walk-up, of a popular building on Lexington Street, where Soho meets Carnaby.
The studio room overlooks the street and has wood floors throughout, a modern open plan kitchen and a contemporary shower room. A built-in wardrobe provides useful storage.
The apartment sits opposite the much-loved Bao restaurant and is just minutes from Carnaby Street and Kingly Court, with their mix of independent and international shops, bars and restaurants.
Golden Square is close by for green space. Oxford Circus (Central, Bakerloo and Victoria lines) and Tottenham Court Road (Central, Elizabeth and Northern lines) are both a short walk away.
Buses run along Oxford Street and Regent Street, and much of central London can be reached on foot.
The apartment is available from mid-January on an unfurnished basis (or we can assist with furniture packs). Subject to contract and satisfactory references. Westminster Council tax band: E.
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
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
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FAQ
About Flat 3, 48a Lexington Street, Soho
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