1-bedroom flat · SW1P 2TB
For saleReduced £15k (−3%) on 11 OctListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the ground floor of a purpose-built portered building, this apartment is in an ideal central location.
The flat has one double bedroom, one bathroom, open-plan living room and kitchen as well as a private balcony.
Benefitting from an abundance of natural light throughout as well as heating and hot water being inclusive within the service charges and a private underground parking space.
Location Ormond House is situated in the heart of Westminster with excellent amenities within walking distance including Victoria Street, Tate Britain, The Palace of Westminster, Westminster Abbey, St James' Park and Buckingham Palace.
Transport links include multiple bus routes and tube stations (including Victoria, St James' Park, Pimlico and Westminster Underground stations), this location is highly sought after.
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.
Area
Agent & docs
FAQ
About 7a, Medway Street, London
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