2-bedroom flat · SW1P 2FF
To rentReduced £433 (−6.2%) on 15 AugListed 181 days · slow let
Opportunity summary
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About
Situated on Old Pye Street in the heart of Westminster, this elegant two-bedroom flat delivers contemporary city living within one of London's most prestigious postcodes.
The building features secure lift access restricted to your floor only, alongside innovative app-controlled parcel delivery, ensuring both privacy and convenience for modern residents.
The accommodation comprises two generously proportioned double bedrooms and two well-appointed bathrooms, creating a flexible living arrangement ideal for professional sharers or those requiring a home office.
The 1,087 square feet of internal space provides comfortable proportions throughout, while the building's thoughtful design ensures residents enjoy a peaceful environment despite the central location.
Westminster offers an unparalleled lifestyle, steeped in history yet thoroughly modern in its amenities.
The area surrounding Old Pye Street combines the grandeur of Britain's political and royal landmarks with the everyday convenience of excellent shopping, dining, and cultural venues.
St James's Park provides a verdant escape moments from your door, while the vibrant neighborhoods of Pimlico and Victoria offer an eclectic mix of independent cafés, restaurants, and specialist shops.
Transport connections are exceptional, with Victoria Station providing mainline rail services, the Victoria, District, and Circle lines, plus the Gatwick Express.
St James's Park station offers further Underground access, while numerous bus routes ensure swift travel across the capital.
For those working in Westminster, the City, or Canary Wharf, commutes are remarkably straightforward.
This residence offers flexible living in one of London's most sought-after locations, providing the perfect balance of historic character and contemporary convenience for discerning tenants seeking an exceptional SW1 address.
Council tax band: Tbc. Rent is payable on a monthly basis, and you may be required to pay more than a month's rent in advance for tenancies with annual rents exceeding £100,000.
You will be required to pay a 1 week holding deposit following a successful offer.
Tenancies with annual rents up to £50,000 will require a 5 weeks' security deposit, while those exceeding this threshold will require a 6 weeks' deposit.
Utility bills, council tax, telephone line and broadband are not included in the rent. As well as paying the rent, you may also be required to make some additional permitted payments.
If your tenancy does not qualify as an apt, additional fees may apply. Please visit for details of fees that may be payable when renting a property.
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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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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 advisors 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 5, 1, Old Pye Street, London
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