Luxury city apartment with hotel amenities and strong rental potential.
463 sq ft modern one-bedroom apartment in St Martin's Place
A contemporary one-bedroom apartment in Sheraton House, St Martin’s Place, offering city-centre living with hotel-style services. The apartment is chain-free and sold by a motivated seller, ready for a quick purchase or let.
Built in 2021, the 463 sq ft apartment benefits from 24-hour concierge, resident access to the Park Regis hotel amenities (gym, private cinema, residents’ garden) and an on-site service app — a clear draw for busy professionals and tenants seeking convenience. Recent lettings suggest a market rent around £1,100 pcm, representing an estimated 6.5–7% gross yield at the asking price.
Practical considerations are straightforward: the property is leasehold with c.146 years remaining, an annual service charge around £2,000 (includes sinking fund and hotel amenities access), and electric room heating. These features keep upfront building quality high but increase ongoing costs. The apartment sits in a very central, cosmopolitan neighbourhood with excellent mobile and broadband connectivity but is in an area recorded as very deprived and with very high crime levels — factors investors and owner-occupiers should weigh for management, insurance and personal security.
Overall this is an attractive option for investors and city professionals who value turnkey, amenity-rich living and strong rental demand. Buyers looking for lower running costs, a quieter suburban location, or hands-on property control should note the service charge level, electric heating, and local crime statistics before committing.
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