3-bedroom flat · SW1P 2AS
To rentListed 37 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to offer this 3 bedroom apartment located on the on the 4th floor (with lift) of this popular development in the heart of Westminster.
This apartment is offered fully furnished and is extremely well proportioned throughout. Accommodation comprises of a reception/dining room and a separate modern integrated kitchen.
There are 3 good size double bedrooms with 2 benefitting from en-suites and a further guest bathroom. Residents of Asquith House benefit from a 24 hour concierge and secure underground parking.
Monck Street is centrally located and is just a short distance away from Whitehall, The Houses of Parliament, Westminster Abbey and Buckingham Palace as well as the Tate Gallery and Chelsea College of Arts.
The transport links of St James's Park, Westminster and Victoria which are all just a stones throw away as well a selection of bus services to The City and The West End.
In the surrounding area there is a choice from a variety of amenities and a selection of many restaurants and cafes.
Garton Jones are located in the next road to the development so are readily available for viewings. 6 Week Deposit Council Tax Band G (London Borough of Westminster) EPC Rating: B (84)
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
Short-let restrictions apply
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 406, Cavendish House, Westminster
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