We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · SW1P 4LY
For saleReduced £25k (−3.1%) on 2 OctListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Contemporary one bedroom apartment with concierge, lift access and elegant interiors in the heart of Westminster.
Located on the fourth floor of the prestigious Drake House development, this beautifully presented apartment offers a bright open-plan reception and living area with engineered herringbone wood flooring, bespoke lighting and floor-to-ceiling glazing.
The contemporary kitchen features integrated appliances, stone worktops and ample storage.
The generous bedroom benefits from fitted wardrobes and sliding doors connecting seamlessly with the living space, while the luxurious bathroom is finished with high-quality stone tiling, mirrored cabinetry and a walk-in rainfall shower.
Additional features include comfort cooling, recessed lighting and excellent built-in storage throughout.
Drake House is a modern luxury development with a welcoming residents’ lobby, lift access, secure entry system and concierge service.
The building is immaculately maintained and ideally suited to professionals, investors or those seeking a central London pied-à-terre.
Marsham Street is perfectly positioned in the heart of Westminster, moments from the River Thames, St James’s Park and the amenities of Victoria.
Residents benefit from excellent transport connections including Westminster, Pimlico and St James’s Park Underground stations, alongside Victoria Station for National Rail and Gatwick Express services.
The area offers a superb selection of restaurants, cafés, boutique shops and cultural landmarks including Tate Britain and the Houses of Parliament.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
Agent & docs
FAQ
About Flat 49, Drake House 76, Marsham Street, LONDON
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