2-bedroom flat · W2 1JL
Under offerReduced £25k (−3%) on 10 FebListed 319 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright south facing two bedroom apartment located on the fourth floor (with lift) of this popular modern development.
Comprising a bright open plan kitchen / reception room, two bedrooms (one en-suite) and a guest shower room. Secure underground car parking and 24 hour porter also included.
Situation Nearby underground stations include Edgware Road (Bakerloo, Circle and District line) Lancaster Gate (central line) and Paddington mainline station is close by providing city, national and international connections via the Heathrow Express.
For motorists the A40 is also nearby. Hyde Park is within walking distance as is Oxford Street where the famous Selfridges store can be found. Property Ref Number: HAM-9893
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 2 Praed Street, London, W2
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