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See how verdicts work3-bedroom flat · SW1Y 5BN
For saleReduced £255k (−8.6%) on 7 OctListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Direct views of Trafalgar Square and Nelson’s Column form the backdrop to this newly refurbished three-bedroom apartment in St James’s.
The lateral home extends to approximately 1,427 sq ft on the third floor of Norway House, a historic building designed by architects Metcalfe and Greig in 1914.
The centrepiece is a double reception and dining room measuring almost 38 ft in length.
A broad bay window frames the views, while wooden floors, decorative plasterwork and custom oak joinery run throughout the space.
Electric blinds and thoughtfully integrated technology add to its practical appeal.
A separate kitchen lies beside the reception room, with pale blue cabinetry, generous preparation space and a central island.
The principal bedroom is particularly spacious, with extensive fitted storage and an ensuite shower room. Two further double bedrooms also have built-in wardrobes and share a second shower room.
Both bathrooms are finished in marble and fitted with high-specification sanitaryware.
Norway House became home to the Norwegian Chamber of Commerce in 1920, when a gilded statue of King Olaf II was installed on its façade and Norwegian architect J. T.
Westbye added the heraldic shield and decorative detailing around the entrance. The Norwegian Club moved into the building four years later.
During the Second World War, it housed Norwegian institutions and government bodies, with King Haakon VII and members of Norway’s government-in-exile among its regular visitors.
Standing on Cockspur Street, the building is moments from the galleries, theatres and restaurants of the West End.
St James’s, Mayfair and Covent Garden are all within easy walking distance, as are Green Park and St James’s Park.
Charing Cross and Piccadilly Circus stations provide excellent connections across London. The property is offered on a very long lease with in excess of 950 years unexpired.
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
Agent & docs
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FAQ
About 23–24, 23–24 Cockspur Street, London
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