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See how verdicts work2-bedroom flat · SW1P 3DR
For saleListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this well presented apartment located on the 3rd floor of this secure development located in the heart of Westminster.
The property is sold with vacant possession and benefits from an open plan integrated kitchen, reception room with views of Parliament, second bedroom with fitted wardrobes, a master bedroom with ample fitted wardrobes and a modern bathroom.
The property also benefits from access to a secure allocated underground parking space.
As a resident of Romney House you will also have use of the well-equipped gymnasium and a secure 24 hour concierge service.
Marsham Street is extremely convenient for access to many of the renowned local landmarks which include the Houses of Parliament and Westminster Abbey.
The local transport links of Victoria Station is nearby providing mainline UK services including the Gatwick Express as well as the underground services of Victoria, Pimlico, St James Park and Westminster.
The area has an abundance of amenities and restaurants such as The Cinnamon Club, the Ivy Bar and Grill and Yaatra based in the Old Westminster Fire Station.
Just a short walk away is St Johns Smith Square Concert Halls offering a variety of classical musical performances.
Garton Jones are based on site so are readily available for viewings Service Charges: £3,965.16 Per Annum Ground Rent: £350 Per Annum Council Tax Band: F (London Borough of Westminster) EPC: C (69) Long Leasehold: 999 Years From 2004 (978 Years Remaining)
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 316, Romney House, Westminster
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