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See how verdicts work1-bedroom flat · SW1P 4LG
For saleReduced £75k (−15.2%) on 30 SepListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom apartment set on the fourth floor of a Westminster development Description A bright and well-presented one bedroom apartment set within a purpose-built development, benefitting from concierge service, off-street parking and a communal roof terrace.
The property offers a bright reception room, a separate fully fitted kitchen, a principal bedroom with built-in wardrobes and a modern bathroom.
The apartment also benefits from a dedicated storage unit.
Location Millbank Court is located on John Islip Street, the area includes some of London's most iconic landmarks, including the Tate Britain Gallery, yet retains a surprisingly village like atmosphere.
The property offers access to the many amenities, restaurants and shops of Victoria, Westminster and St. James's.
Local parklands include: Green Park and St James's Park Transport Links include: Victoria Line (Pimlico): Approx 0.4 miles Jubilee Line and Circle and District Lines (Westminster): Approx 0.7 miles Victoria and mainline rail services (Victoria): Approx 1 mile Square Footage: 429 sq ft Additional Info Ground Rent: Nil Please note, the service charge includes heating and hot water.
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 43, Millbank Court, 24, John Islip Street, London
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