2-bedroom flat · SW1P 2TA
For saleListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-proportioned 2 bedroom apartment for sale of approx. 833sq.ft (77.4 Sq.M) on the 3rd floor (with lift) of this popular modern development.
The property further comprises of an open plan kitchen / reception room with access to private balcony.
There are 2 double bedrooms with the master benefitting from an en-suite bathroom and a further brand new contemporary guest bathroom.
Residents of Octavia House benefit from a daytime porter, video entry system and secure underground parking.
Medway Street is extremely convenient for access to many of the renowned local landmarks which include the Houses of Parliament, Westminster Abbey, Tate Britain Gallery and the River Thames.
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 such as Sainsbury's, Waitrose, Marks & Spencer’s and a Curzon Cinema plus following on from the extensive regeneration of Victoria street a selection of many new restaurants to complement existing ones such as The Vincent Rooms, The Cinnamon Club and many more.
Garton Jones manage this property and are located just a stones throw away so are readily available for viewings.
Service Charges: £7,800 Per Annum (Including heating, hot water charges and sinking fund contribution) Ground Rent: £175 Per Annum Leasehold: 92 Years Remaining - 125 years (less 5 days) from 23 November 1993 Council Tax Band G ( London Borough of Westminster) EPC Rating: C (74)
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 22, Octavia House, Westminster
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