For sale Flat

FLAT 38

CRANFIELD COURT, HOMER STREET, LONDON, GREATER LONDON W1H 4NF

1 beds 1 baths 452 sq ft Listed 13 Apr 2026 (-65d)

£625,000

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# 1 bedroom apartment for sale (W1H 4NF)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 38, CRANFIELD COURT, HOMER STREET, LONDON, GREATER LONDON W1H 4NF |
| Price | £625,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | TBC |
| Construction age | England and Wales: before 1900 |
| Floor area | 42 m² |
| Last sold | £612,000 Dec 2021 |

## Description

Bright one bedroom apartment located on the second floor of a purpose built period block in Marylebone.

Well-presented throughout in a contemporary style and benefitting from good natural light.

Comprising of a lounge featuring 2 large windows and enjoying a bright southerly aspect., double bedroom with built in wardrobes, separate kitchen, bathroom with bath tub with shower over and benefitting from a window.

This early 1900's block is well maintained with recently upgraded communal areas.

Providing easy access to Regents Park and Marylebone High Street as well as the West End and the City. Hyde Park is also within easy walking distance.

Transport links:

Marylebone Station

Baker Street Underground

Edgware Road Underground

Paddington Station

Tenure: Share of Freehold

Service Charge: £2640

Ground Rent:

Westminster Band C

## Property Photos

- ![Picture No. 05](/listings/photos/174396095/607229) - Picture No. 05
- ![Picture No. 30](/listings/photos/174396095/607234) - Picture No. 30
- ![Picture No. 10](/listings/photos/174396095/607235) - Picture No. 10
- ![Picture No. 13](/listings/photos/174396095/607237) - Picture No. 13
- ![Picture No. 15](/listings/photos/174396095/607238) - Picture No. 15
- ![Picture No. 09](/listings/photos/174396095/607239) - Picture No. 09
- ![Picture No. 31](/listings/photos/174396095/607240) - Picture No. 31
- ![Picture No. 16](/listings/photos/174396095/607241) - Picture No. 16
- ![Google Maps Image](/listings/photos/174396095/607243) - Google Maps Image

## Floorplans

- ![Picture No. 29](/listings/photos/174396095/607245) - Picture No. 29

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/174396095/607246) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| CRANFIELD COURT FLAT 38 HOMER STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1H 4NF | £612,000 | 21/12/2021 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| CRANFIELD COURT FLAT 34 HOMER STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1H 4NF | £490,000 | 17/03/2023 | Flat |
| 91 FLAT 3 YORK STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1H 4QE | £488,000 | 21/10/2022 | Flat |
| 91 FLAT 4 YORK STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1H 4QE | £700,000 | 20/10/2022 | Flat |
| 95A YORK STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1H 4QG | £2,050,000 | 07/10/2022 | Flat |
| 2 FIRST AND SECOND FLOOR FLAT HARCOURT STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1H 4EX | £990,000 | 08/09/2022 | Flat |
| SAMAN COURT, 57A FLAT 3 CRAWFORD STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1H 4JN | £590,000 | 08/08/2022 | Flat |
| 31A FLAT 3 HARCOURT STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1H 4HU | £490,000 | 07/07/2022 | Flat |

**Area average:** £828,286 (7 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £1,848,077 (13 Flat, W1H, 2024–2026)
- **Deviation:** -66.2%

## Rental Range

*ONS Price Index of Private Rents (Westminster). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £2,834/mo
- **Realistic:** £3,149/mo
- **Optimistic:** £3,464/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Central London (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,436/mo

## 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 |
|------|------|------|------|------|
| Studio Flat, Crawford Street, W1H | £2,167/mo | 1 | 0.14 miles | OpenRent |
| 1 Bed Flat, Crawford St, W1H | £3,000/mo | 1 | 0.16 miles | OpenRent |
| 1 Bed Flat, Upper Montagu St, W1H | £3,033/mo | 1 | 0.17 miles | OpenRent |
| Studio Flat, Edgware Road, W2 | £1,650/mo | 1 | 0.17 miles | OpenRent |
| Studio Flat, Edgware Road, W2 | £1,650/mo | 1 | 0.17 miles | OpenRent |
| 1 Bed Flat, Upper Montagu St, W1H | £3,050/mo | 1 | 0.17 miles | OpenRent |
| 1 Bed Flat, Cambridge Court, W2 | £3,000/mo | 1 | 0.18 miles | OpenRent |
| Studio Flat, Upper Montagu St, W1H | £2,297/mo | 1 | 0.19 miles | OpenRent |
| Studio Flat, Bell Street, NW1 | £1,950/mo | 1 | 0.21 miles | OpenRent |
| Studio Flat, Dorset Square, NW1 | £2,100/mo | 1 | 0.24 miles | OpenRent |

**Average rent: £2,390/mo (10 listings)**

## 1% Rule

- **Rent ratio:** 0.36% (weak for cashflow)
- **Max investor price (0.8%):** £279,000
- **Target investor price (1%):** £223,200

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,232/mo).*

- **Gross yield:** 4.3%
- **Cost-to-rent:** 23.3×
- **Monthly cashflow:** £-478/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -3.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Price per Square Metre

- **£/m²:** £14,881/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -8.4%
- **10y growth:** -42.3%

## House Price Index (HM Land Registry)

*Official index for City of Westminster; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -12%
- **5y growth (index):** -21.6%
- **10y growth (index):** -19.6%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Picture No. 05 Picture No. 30 Picture No. 10 Picture No. 13 Picture No. 15 Picture No. 09 Picture No. 31 Picture No. 16 Google Maps Image

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Property details

Tenure

SHARE_OF_FREEHOLD

Floor area

42 m²

Council tax band

TBC

Year built

England and Wales: before 1900

Last sold

£612,000 Dec 2021

Price per m²

£14,881/m²

Local average

£1,848,077 (-66.2%)

Deprivation

Decile 5 (15,482 of 33,755)

Street crime

2174 incidents within 1 mile (Apr 2026)

Key features

Bright 1 Bedroom flat
2nd floor of charming period block
Well presented in a contemporary style
Close to Baker Street and Regents Park
Easy access to Marylebone High Street
Good transport links
Share of Freehold
SC

Description

Bright one bedroom apartment located on the second floor of a purpose built period block in Marylebone.

Well-presented throughout in a contemporary style and benefitting from good natural light.

Comprising of a lounge featuring 2 large windows and enjoying a bright southerly aspect., double bedroom with built in wardrobes, separate kitchen, bathroom with bath tub with shower over and benefitting from a window.

This early 1900's block is well maintained with recently upgraded communal areas.

Providing easy access to Regents Park and Marylebone High Street as well as the West End and the City. Hyde Park is also within easy walking distance.

Transport links:
Marylebone Station
Baker Street Underground
Edgware Road Underground
Paddington Station

Tenure: Share of Freehold
Service Charge: £2640
Ground Rent:
Westminster Band C

Listed by

London

Hudsons Property

Reference: 174396095

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Picture No. 29

EPC Graphs

EPC Rating Graph

Price history

Event	Date	Price	% change
Listed for sale	—	£625,000	+2.1%
Sold	21/12/2021 (4 years ago)	£612,000	—

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
CRANFIELD COURT FLAT 34 HOMER STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1H 4NF	£490,000	17/03/2023	Flat
91 FLAT 3 YORK STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1H 4QE	£488,000	21/10/2022	Flat
91 FLAT 4 YORK STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1H 4QE	£700,000	20/10/2022	Flat
95A YORK STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1H 4QG	£2,050,000	07/10/2022	Flat
2 FIRST AND SECOND FLOOR FLAT HARCOURT STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1H 4EX	£990,000	08/09/2022	Flat
SAMAN COURT, 57A FLAT 3 CRAWFORD STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1H 4JN	£590,000	08/08/2022	Flat
31A FLAT 3 HARCOURT STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, W1H 4HU	£490,000	07/07/2022	Flat

Area average: £828,286 (7 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -8.4%

10y growth -42.3%

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

1y (index) -12%

5y (index) -21.6%

10y (index) -19.6%

Rental Range

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

Low £2,834/mo

Realistic £3,149/mo

Optimistic £3,464/mo

Based on Local Authority from postcode lookup → Westminster.

LHA (30th percentile) floor for Central London: £1,436/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View W1H 4NF

Address

30 Harcourt Street

Nearby

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

Type	Name	Distance
Shop	The Foot Clinic	0.0 miles
Shop	Medo News	0.0 miles
Bus stop	Edgware Road	0.1 miles
Train station	Edgware Road	0.1 miles
Bus stop	Old Marylebone Road	0.1 miles
Train station	Marylebone	0.2 miles
University	LBS Behaviour Lab	0.5 miles
Hospital	The Portland Hospital	0.9 miles
Hospital	Sleep & Health Clinic	1.1 miles
University	Department of Geography	1.3 miles

Street-level crime

Category	Count
Theft from the person	387
Other theft	332
Anti-social behaviour	299
Shoplifting	288
Violence and sexual offences	280
Drugs	183
Public order	79
Burglary	77
Vehicle crime	67
Robbery	65
Criminal damage and arson	55
Bicycle theft	30
Other crime	18
Possession of weapons	14
Total incidents	2174

Within 1 mile during Apr 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
St Mary's Bryanston Square CofE School	Primary	0.1 miles	Good — 2 Jul 2023
ICS London	Other	0.1 miles	— (No rating)
Christ Church Bentinck CofE Primary School	Primary	0.2 miles	Outstanding — 23 Apr 2019
Sylvia Young Theatre School	Other	0.2 miles	— (No rating)
Hampden Gurney CofE Primary School	Primary	0.2 miles	Good — 5 Jul 2023

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
Studio Flat, Crawford Street, W1H	£2,167/mo	1	0.14 miles	OpenRent
1 Bed Flat, Crawford St, W1H	£3,000/mo	1	0.16 miles	OpenRent
1 Bed Flat, Upper Montagu St, W1H	£3,033/mo	1	0.17 miles	OpenRent
Studio Flat, Edgware Road, W2	£1,650/mo	1	0.17 miles	OpenRent
Studio Flat, Edgware Road, W2	£1,650/mo	1	0.17 miles	OpenRent
1 Bed Flat, Upper Montagu St, W1H	£3,050/mo	1	0.17 miles	OpenRent
1 Bed Flat, Cambridge Court, W2	£3,000/mo	1	0.18 miles	OpenRent
Studio Flat, Upper Montagu St, W1H	£2,297/mo	1	0.19 miles	OpenRent
Studio Flat, Bell Street, NW1	£1,950/mo	1	0.21 miles	OpenRent
Studio Flat, Dorset Square, NW1	£2,100/mo	1	0.24 miles	OpenRent

Average rent: £2,390/mo (10 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.36%

Max investor price (0.8%) £279,000

Target investor price (1%) £223,200

Gross yield 4.3%

Cost-to-rent ratio 23.3×

Monthly cashflow £-478/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -3.2%

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).