For sale Flat

FLAT 1

2 ROYALTY MEWS, LONDON, GREATER LONDON W1D 3AR

3 beds 2 baths Listed 5 Mar 2026 (-172d)

£3,500,000

Guide Price

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Property details

Tenure

LEASEHOLD

Council tax band

H

Last sold

£4,162,720 Dec 2023

Local average

£440,000 (+695.5%)

Deprivation

Decile 4 (11,944 of 33,755)

Street crime

4675 incidents within 1 mile (Jun 2026)

Key features

  • 2 - 3 bedrooms
  • 1 reception room
  • 2 bathrooms

Description

Set across the second and third floors of a privately gated mews, this beautifully finished three bedroom apartment offers stylish, modern living in a tranquil setting. The bright open-plan layout is enhanced by sleek contemporary design and full air conditioning throughout. The expansive terrace provides an impressive outdoor retreat, perfect for entertaining or relaxing. The luxurious primary bedroom features a chic en suite, complemented by two further well proportioned bedrooms, an additional bathroom, and a convenient W/C. Combining privacy, comfort, and high quality finishes, this exceptional home delivers a sophisticated urban lifestyle in an exclusive, secure setting.Set just off Dean Street in the heart of Soho, Royalty Mews is a discreet, peaceful gated enclave surrounded by top restaurants, boutiques, and entertainment, with excellent transport links including Tottenham Court Road and Leicester Square stations moments away.

Listed by

Mayfair

Knight Frank

Reference: 172923143

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Building plot (shared): ~96 m² (0.02 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Royalty Mews Floor P

Royalty Mews Floor P

EPC Graphs

Generated EPC Graph.

Generated EPC Graph.

Price history

Event Date Price % change
Listed for sale £3,500,000 -15.9%
Sold 04/12/2023 (2 years ago) £4,162,720

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
22 - 25 FLAT 5 DEAN STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1D 3RY £440,000 24/11/2025 Flat
Same street 2 FLAT 4 ROYALTY MEWS, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1D 3AR £2,197,505 04/12/2023 Flat
Same street 2 FLAT 2 ROYALTY MEWS, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1D 3AR £3,920,922 04/12/2023 Flat
Same street 2 FLAT 3 ROYALTY MEWS, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1D 3AR £2,218,853 04/12/2023 Flat

Street average: £2,779,093 (3 sales)

Area average: £440,000 (1 sale)

Capital growth trend

House Price Index (HM Land Registry — official index, not sold-price averages): City of Westminster. Series: Flats and maisonettes. As of May 2026.

1y (index) -23.1%
5y (index) -18.6%
10y (index) -23.2%

Rental Range

Estimated market rent for Westminster. Low = conservative, Realistic = average, Optimistic = best case.

Low £2,851/mo
Realistic £3,168/mo
Optimistic £3,485/mo

Based on Local Authority from postcode lookup → Westminster.

LHA (30th percentile) floor for Central London: £2,154/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Regulation 0.0 miles
Shop Kaspa's 0.0 miles
Train station Tottenham Court Road 0.1 miles
Hospital Tunica Diagnostics 0.1 miles
Hospital Until SOHO 0.1 miles
Bus stop Denmark Street 0.1 miles
Bus stop Gerrard Place / Chinatown 0.1 miles
University University of Notre Dame 0.4 miles
University Institute of Sports Humanities 0.5 miles

Street-level crime

Category Count
Other theft 1026
Theft from the person 984
Violence and sexual offences 633
Anti-social behaviour 589
Shoplifting 584
Public order 236
Robbery 147
Drugs 124
Burglary 113
Vehicle crime 97
Bicycle theft 79
Possession of weapons 28
Other crime 27
Criminal damage and arson 8
Total incidents 4675

Within 1 mile during Jun 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Soho Parish CofE Primary School Primary 0.2 miles Good — 24 Apr 2019
Jeannine Manuel School Other 0.3 miles (No rating)
The Royal Ballet School Other 0.4 miles (No rating)
All Souls CofE Primary School Primary 0.5 miles Good — 7 Jul 2011
London School of Hygiene & Tropical Medicine Other 0.5 miles (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Flat, Charing Cross Road, WC2H £8,000/mo 3 0.14 miles OpenRent
3 Bed Flat, Newman Street, W1T £4,500/mo 3 0.29 miles OpenRent
3 Bed Flat, Exide House, WC2H £5,150/mo 3 0.29 miles OpenRent
3 Bed Flat, Exide House, WC2H £5,450/mo 3 0.29 miles OpenRent
3 Bed Flat, Great Russell Mansions, WC1B £1,450/mo 3 0.43 miles OpenRent
3 Bed Flat, Great Portland Street, W1W £7,900/mo 3 0.58 miles OpenRent

Average rent: £5,408/mo (6 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.15%
Max investor price (0.8%) £662,500
Target investor price (1%) £530,000
Gross yield 1.8%
Cost-to-rent ratio 55×
Monthly cashflow £-9,038/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -10.7%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).