3-bedroom flat · SW1P 3GE
To rentListed 118 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well positioned three-bedroom, three-bathroom apartment with a large private terrace is available in the prestigious 9 Millbank Residence building on the banks of the River Thames.
The spacious reception room benefits from modern elegance, high ceilings and access to the private terrace offering great views.
The open plan kitchen with integrated appliances and expertly crafted finishes completes the space.
A bright and spacious main bedroom with walk-in wardrobe and en-suite bathroom, a further two good-sized bedrooms, also a separate utility cupboard, and a storeroom provide ample storage space.
9 Millbank’s defining feature is the rich mix of old and new – the restoration of a stunning 1920s Grade II listed building into homes that exemplify contemporary sophistication and capture the very essence of British luxury and style.
Along with the original office building, the impressive former Imperial Chemical Industries' (ici) headquarters, a new building Millbank Quarter was created alongside to complement and enhance the entire development.
For residents' comfort, all properties in 9 Millbank have underfloor heating throughout, and comfort cooling to all reception rooms and bedrooms.
Residents benefit from a 24-hour concierge, 5* facilities including swimming pool, spa, gym, cinema and courtyard garden.
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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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
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FAQ
About 9, Millbank, City of Westminster, London
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