2-bedroom flat · SW1P 2FF
To rentReduced £433 (−6.2%) on 15 AugListed 169 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned on the third floor, this thoughtfully designed home offers a comfortable and practical layout, with a clear distinction between living and private spaces.
The separate kitchen is efficiently arranged, featuring dedicated areas for both preparation and storage.
Nearby, the main reception room provides a welcoming setting for everyday living or entertaining, with generous space for both seating and dining.
There are two well-sized bedrooms, both discreetly located away from the principal living areas to ensure privacy.
The main bedroom benefits from its own en suite bathroom, while the second bedroom is served by a separate bathroom, making it ideal for guests or sharers.
Overall, the apartment has been carefully planned to create an environment that feels balanced, organised and easy to live in. Please note that this apartment is offered unfurnished.
Old Pye Street is a discreet and characterful address set just behind the historic surroundings of Westminster, offering a calm residential setting within a highly connected part of central London.
The area is well served by public transport, with Pimlico Station (Victoria line), St James's Park Station (Circle and District lines) and Victoria Station close by.
The neighbourhood benefits from a strong selection of independent cafés, restaurants and traditional pubs, alongside everyday conveniences and local shops.
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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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 1, Old Pye Street, London
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