1-bedroom flat · SW1P 4HT
For saleListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
“A beautiful apartment with many considered eco credentials” This fantastic apartment occupies the first floor of the handsome Rossetti House, part of the historic Millbank Estate in Westminster.
Designed by riba award winning architects, Gagarin Studio, the apartment is formed of clean lines, a refined selection of materials and careful details that enhance the sense of openness.
Situated just north of Tate Britain and close to the River Thames, it is within walking distance of some of London’s finest neighbourhoods and green spaces.
The Estate One of the first and most significant London County Council estates, the Millbank Estate has been Grade ii-listed since 1970.
Built between 1897 and 1902 to a design by the Architects' Department Housing Section under Owen Fleming in an Arts and Crafts style, its layout was arranged around a rectangular public garden.
Individual blocks are named after prominent British artists and cultural figures, including Rossetti House.
The estate was envisioned to provide high-quality accommodation for London's working classes, based on socialist and philanthropic principles.
For all its air of aesthetic minimalism, with red brick and rendered dressings, the design incorporates ornate Queen Anne details, such as decorative gables and segmental-arched sash windows.
The Tour Set on the peaceful and tree-lined Erasmus Street, Rossetti House sits among distinctive red-brick mansion buildings.
Entry to the block is behind a private gateway and into a leafy communal courtyard. The apartment lies on the first floor. The front door opens onto a welcoming corridor.
A wall of slatted acoustic wood panelling - by carpenters Wood and Wire - stretches the length of the apartment, seamlessly tracing its curvatures; a contemporary counterpoint to the building’s historic exterior.
Mirror-matched oak floorboards run underfoot.
At the far end, a beautifully composed kitchen comprises the same slatted wood wall panelling alongside natural oak cabinets, streamlined and handleless with marble-style worktops.
Integrated appliances lend the room a remarkable sense of space, and a sash window draws in abundant light. A banquette is fitted beneath the window.
The adjacent bedroom is spacious and well-lit with two sash windows. The colour palette is deliberately simple, and bespoke joinery provides plenty of storage (as well as scope for customisation).
A considered architectural detail is the shadow gap skirting, creating a clean-lined ‘floating wall’ effect. Beyond is a second room, currently used as an office.
Further custom-made woodwork runs along one side, set against teal blue painted walls and dark-stained parquet flooring.
A bathroom completes the plan, with a generous walk-in shower with a reeded-glass divide, mirrored cabinets, and stone-style tiling.
Rennovated with sustainability in mind, the apartment relies on electric radiators for heating that are plugged into the wall.
All windows have been painstakenly replaced with their double-glazed counterparts, in-keeping with the building's period origins.
Walls have been insulated and materials responsibily sourced where possible.
The Area Rossetti House sits quietly within the historic Millbank Estate, renowned for its tranquil, neighbourhood feel while occupying a remarkably central position in Westminster.
Tate Britain is just moments away, while the green open lawns of Victoria Tower Gardens, St James’s Park, and the Thames Path provide ample options for walking or cycling.
A short walk leads into nearby Pimlico, Belgravia, and the Heart of Westminster, bringing an array of independent cafes, local pubs, and established restaurants within easy reach.
Transport connections are exceptional.
Pimlico Underground Station (Victoria Line) is a five-minute walk away, while Westminster Station (Jubilee, District, and Circle Lines) and Victoria Station are easily accessible on foot or via regular local bus routes along Millbank.
Tenure: Leasehold / Lease Length: Approx. 80 years remaining (the client is currently in the process of extending the least by another 90 years) / Service Charge: Approx.
£1,554.24 per annum / Ground Rent: Approx. £10 per annum / Council Tax Band: D
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 4, Rossetti House, Erasmus Street, London
Explore nearby