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See how verdicts work2-bedroom flat · W9 1DB
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the second floor of an attractive red brick mansion block in the centre of Little Venice, is this stylish two bedroom apartment with two balconies and a communal garden.
The tastefully refurbished and well-presented accommodation comprises an entrance hallway, a 16 ft bay-fronted reception room with bespoke storage and doors out to a south-westerly facing balcony, an exceptional fully fitted kitchen opening to the second balcony, a generous 13 ft principal bedroom with extensive fitted wardrobes and direct access to the south-westerly facing balcony, a second bedroom and a shower room.
Further benefits include access to a communal garden and the ability to apply for a residents' parking permit from Westminster City Council.
Lanark Mansions is ideally located for the shops, cafes and restaurants on Clifton Road and within walking distance of Warwick Avenue Underground station on the Bakerloo line.
Share of Freehold Date of Commencement of Lease: 25/12/1991 Original Length of Lease: 999 years Current Ground Rent: £90 per annum Approximate Service Charge (including any Sinking Fund Contribution): £8,358.66 per annum Council Tax Band: E
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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
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FAQ
About Lanark Road, London
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