2-bedroom flat · NW1 5AQ
For saleReduced £45k (−4.6%) on 22 JulListed 205 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom apartment boasts ample space and light throughout. It further benefits from a large study, which could also be used as a guest bedroom, as well as a 24-hour porter.
The property comprises a large entrance hall with wood floors leading to the reception room which is bright and airy with floor-to-ceiling windows and two Juliette balconies.
Also off the entrance hall are a separate kitchen with built-in appliances, two large double bedrooms with ample storage and two contemporary bathrooms.
Dorset House is a sought after 24/7 portered block and well located for access to Baker Street Underground Station (Hammersmith & City, Bakerloo, Jubilee, Circle and Metropolitan, Zone 1) with fantastic transport links to Canary Wharf, London Bridge and all corners of London.
The ever-popular Marylebone High Street is within easy walking distance of the property offering an array of shops, bars, restaurants and supermarkets including a large Waitrose.
The wide-open spaces of Regents Park are also just around the corner.
Tenure: Leasehold Lease Years Remaining: 164 Annual Ground Rent: £10,829 Council Tax Band: F Information contained within this listing is for guidance only and should be checked and confirmed (prior to proceeding).
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Flat 123, Dorset House, Gloucester Place, London
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