1-bedroom flat · SW1P 4LY
For saleListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer for sale this exceptional one-bedroom apartment, situated on the third floor of the prestigious Drake House development in the heart of Westminster.
The property will be available with vacant possession, with the current tenant due to vacate shortly.
The apartment benefits from impressive high ceilings throughout and has been finished to an exceptionally high standard, with high-end furnishings and a stylish contemporary interior.
The accommodation comprises a generous reception room, a sleek modern kitchen fitted with integrated Miele appliances, a well-proportioned double bedroom with built-in wardrobes, a luxurious bathroom suite, utility cupboard and excellent storage throughout.
Residents of Drake House benefit from an impressive grand entrance lobby and 24-hour concierge service, providing both security and convenience.
The property's location is particularly appealing, being close to the River Thames, Houses of Parliament, Buckingham Palace and the extensive amenities of Westminster, Victoria and Pimlico.
Victoria Station is within easy reach, providing mainline services including the Gatwick Express, alongside Underground connections via Victoria, Pimlico, St James's Park and Westminster stations.
The surrounding area offers an excellent selection of restaurants, cafés, shops and leisure facilities, with the extensive regeneration of Victoria Street having further enhanced the local amenities.
A number of distinguished hotels, including The Wellington, The Goring and St Ermin's, are also close by.
The property is ideally positioned for access to some of London's leading universities and institutions, including Chelsea College of Arts, lse and King's College London.
Council Tax Bank F (London Borough of Westminster) EPC Rating: C (75)
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
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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.
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FAQ
About 33, Drake House, Westminster
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