3-bedroom flat · SW1P 4FD
For saleListed 15 days
Opportunity summary
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About
Occupying the fifth floor of Riverwalk’s East Tower, this exceptional three-bedroom sub-penthouse provides approximately 2,933 sq ft of internal accommodation together with 903 sq ft of private terraces, with spectacular views directly across the River Thames towards the iconic MI6 building.
The apartment further benefits from air conditioning and two demised underground parking spaces on the preferred -1 level.
The East Tower is the smaller, lower-rise and more intimate of Riverwalk’s two buildings, offering an unusual degree of privacy and discretion.
Its sub-penthouse position brings a further significant advantage: An exceptionally generous principal terrace, providing genuine outdoor living and entertaining space directly above the river.
The current owner has lived in several apartments within Riverwalk, as well as elsewhere along the Thames, and considers this particular apartment to occupy the finest position within the development.
The apartment has been reconfigured to create an outstanding open-plan living and entertaining space, with the reception, dining area and kitchen following Riverwalk’s distinctive curved riverside frontage.
Floor-to-ceiling glazing draws the Thames into the apartment, while direct access to the principal terrace allows the entertaining space to continue seamlessly outside.
The sleek Boffi kitchen, fitted with Gaggenau and Miele appliances, opens directly into the dining and principal reception areas.
Designed around entertaining, the space incorporates a bespoke bar and benefits from exceptional natural light and direct access to the riverside terrace.
Occupying the southern end of the apartment, the principal suite is exceptionally generous, with a substantial bedroom, beautifully appointed en suite bathroom and its own private terrace.
Curved floor-to-ceiling glazing provides far-reaching views across the Thames, while its separation from the principal entertaining areas creates a distinct and private bedroom wing.
Further benefits include direct lift access, 24-hour concierge and security, valet parking, and access to Riverwalk’s residents’ gym and wellness facilities Three Bedrooms Three Bathrooms Plus Guest WC Approximately 2,933 Sq Ft / 272.4 Sq m Approximately 903 Sq Ft / 83.8 Sq m Of Private Terraces Fifth-Floor Sub-Penthouse Air Conditioning Direct Lift Access Two Demised Underground Parking Spaces 24-Hour Concierge Residents' Gym
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 Flat Apartment E501, Riverwalk, 161, Millbank, London
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