3-bedroom flat · WC2H 9BU
Listing removedListed 36 days
Opportunity summary
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About
Description Crowning a former Victorian power station in Covent Garden, this three-bedroom duplex penthouse pairs dramatic proportions with far-reaching views across central London.
The apartment extends to approximately 1,845 sq ft and has a substantial private terrace, a double-height reception room and a striking principal suite overlooking the living space below.
Arclight Lofts was originally built to house the dynamos that powered the carbon arc lights of the Royal Adelphi Theatre on the Strand.
The building has since been converted into a small collection of loft apartments, retaining the scale and industrial character of its original architecture while introducing a contemporary specification.
The fourth floor is devoted principally to an expansive open-plan kitchen, dining and reception room.
A double-height glazed façade draws abundant natural light into the space, while timber flooring and soaring ceilings add warmth and volume.
The dark-toned kitchen has integrated appliances, extensive cabinetry and a large central island, creating a natural division between the cooking and living areas.
Glazed doors open directly onto the terrace, which measures approximately 32 ft by 15 ft.
Stretching across the width of the apartment, it has space for outdoor dining and several seating areas, framed by mature planting and the rooftops of Seven Dials.
Its elevated outlook reaches east towards the City and west across the West End. A guest cloakroom and built-in storage complete this floor. The three bedrooms are arranged on the level above.
Set beside the double-height void, the exceptionally generous principal bedroom has an extensive dressing area and an ensuite shower room with twin basins.
Internal glazing allows the room to share the living area’s remarkable outlook while curtains provide privacy when required.
Two further bedrooms and two bath or shower rooms sit on the opposite side of the floor, alongside a separate store.
Residents benefit from lift access, a porter, CCTV and an additional storage room within the building.
Betterton Street lies moments from Seven Dials, where narrow streets converge around the historic sundial monument and are lined with independent boutiques, restaurants and cafés.
Covent Garden’s theatres, Neal’s Yard, the Royal Opera House and the restaurants of Soho are all within easy walking distance, while nearby stations provide swift connections across London.
Value & comps
No previous sales on record.
Returns
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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 Betterton, Betterton Street, London
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