2-bedroom flat · WC2E 8PP
Listing removedListed 108 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With luxurious fittings and overlooking Covent Garden's iconic Piazza, this two bedroom and two shower room apartment has been finished to a high specification with marble topped bathrooms and air conditioning.
On the first floor, with lift access, the apartment has a grand living space with dual aspect and high ceilings give an extra sense of space.
A modern open plan kitchen is positioned at one end of the reception room.
Both bedrooms are double in size, with useful fitted storage with the master bedroom having a stylish ensuite shower room while a further guest shower room is accessible from the hallway.
Covent Garden is one of London's most iconic and recognisable destinations, perhaps from the outsider's perspective nothing more than a hub for tourists, shoppers, theatre goers or opera aficionados, but scratch the surface and there is so much more to discover about this thriving community.
Residents have access to some of the capital's finest restaurants and retailers, not to mention world class cultural attractions in the form of the Royal Opera House and numerous theatres, museums and galleries.
Educational powerhouses The London School of Economics, King's College and University of London all have major campuses nearby, making the neighbourhood an ideal home for culture vultures and students alike.
The apartment is available from early September on a furnished basis. Subject to contract and satisfactory references. Westminster City Council tax band: G.
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
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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 2 The Beecham, 22 Southampton Street, London
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