# 2 bedroom apartment for sale (SW1P 4SB)

## Property Details

| Key | Value |
|-----|-------|
| Address | 79 Marsham Street, London, London, SW1P, SW1P 4SB |
| Price | £1,300,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Last sold | £1,100,000 |

## Description

Located in the prestigious St. Johns Building, this modern 2bedroom, 2bathroom apartment offers a perfect blend of comfort and convenience. Designed for contemporary city living, it features highend finishes, spacious interiors, and excellent amenities.

Apartment Highlights:

Two wellsized bedrooms

Two modern bathrooms

Fully equipped kitchen with modern appliances

Underfloor heating for yearround comfort

Stunning views of St. John’s Gardens

Building Amenities:

Indoor swimming pool

Fully equipped gym and treatment rooms

24-hour concierge service

Secure valet parking

Prime Location:

Situated in Westminster, this apartment is within walking distance of Victoria, Westminster, and St. James’s Park stations, ensuring seamless transport connections. A Sainsbury’s supermarket is right across the street, with numerous restaurants, cafés, and shops nearby.

Nearby Schools:

Westminster School (0.7 miles)

Eaton Square School (0.9 miles)

Millbank Academy (0.5 miles)

With top universities, cultural attractions, and entertainment spots just a short distance away, this apartment is perfect for those looking for a stylish and well-connected home in the heart of London.

## Property Photos

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## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 79 P.04 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4SB | £3,200,000 | 08/12/2021 | Flat |
| 79 P.04 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4SB | £3,100,000 | 28/12/2016 | Flat |
| 79 6.06 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4SB | £1,400,000 | 09/06/2015 | Flat |
| 79 6.06 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4SB | £950,000 | 18/12/2007 | Flat |
| 79 P.01 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4SB | £1,250,000 | 19/03/2001 | Flat |
| 79 P.02 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4SB | £2,050,000 | 07/03/2001 | Flat |
| 79 P.03 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4SB | £1,230,000 | 01/02/2001 | Flat |
| 79 6.07 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4SB | £387,500 | 14/04/1999 | Flat |
| 79 6.06 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4SB | £387,500 | 14/04/1999 | 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 |
|---------|-------|------|------|
| DRAKE HOUSE, 76 FLAT 8 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4LY | £900,000 | 18/12/2025 | Flat |
| 19 FLAT 16 PAGE STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4JX | £1,105,000 | 12/12/2025 | Flat |
| MARSHAM COURT FLAT 8 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4JY | £375,000 | 22/08/2025 | Flat |
| WESTMINSTER GREEN, 8 APARTMENT 2.8 DEAN RYLE STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4DA | £1,400,000 | 23/07/2025 | Flat |
| THE COURTHOUSE, 70 APARTMENT 64 HORSEFERRY ROAD, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2DU | £1,800,000 | 07/07/2025 | Flat |
| WESTMINSTER GREEN, 8 APARTMENT 3.7 DEAN RYLE STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4DA | £1,390,000 | 24/03/2025 | Flat |
| ROGERS HOUSE FLAT 33 PAGE STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4EX | £300,000 | 27/02/2025 | Flat |
| ST. JOHNS BUILDING, 79 FLAT 6.17 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4SB | £1,500,000 | 21/01/2025 | Flat |
| WESTMINSTER GREEN, 8 APARTMENT 5.14 DEAN RYLE STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4DA | £1,730,000 | 21/12/2023 | Flat |
| DRAKE HOUSE, 76 FLAT 40 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4LY | £3,784,000 | 04/12/2023 | Flat |
| DRAKE HOUSE, 76 FLAT 57 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4LY | £4,347,000 | 04/12/2023 | Flat |
| DRAKE HOUSE, 76 FLAT 58 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4LY | £4,370,000 | 04/12/2023 | Flat |
| DRAKE HOUSE, 76 FLAT 50 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4LY | £4,121,600 | 04/12/2023 | Flat |
| DRAKE HOUSE, 76 FLAT 59 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4LY | £4,480,000 | 04/12/2023 | Flat |
| WESTMINSTER GREEN, 8 APARTMENT 8.13 DEAN RYLE STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4DA | £1,420,000 | 03/11/2023 | Flat |
| MARSHAM COURT FLAT 21 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4JY | £440,000 | 01/11/2023 | Flat |
| ST. JOHNS BUILDING, 79 FLAT 5.09 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4SB | £1,200,000 | 30/08/2023 | Flat |
| WESTMINSTER GREEN, 8 APARTMENT 2.9 DEAN RYLE STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4DA | £912,500 | 03/08/2023 | Flat |
| ST. JOHNS BUILDING, 79 FLAT 1.19 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4SA | £479,000 | 28/06/2023 | Flat |
| ST. JOHNS BUILDING, 79 FLAT 4.08 MARSHAM STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 4SA | £915,000 | 26/06/2023 | Flat |

**Area average:** £1,848,455 (20 sales)

## Price vs local average

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

- **Local average:** £1,352,549 (38 Flat, SW1P, 2024–2026)
- **Deviation:** -3.9%

## Rental Range

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

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

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £1,789/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 |
|------|------|------|------|------|
| 2 Bed Flat, Bennett House, SW1P | £3,000/mo | 2 | 0.05 miles | OpenRent |
| 2 Bed Flat, Tothill House, SW1P | £2,925/mo | 2 | 0.09 miles | OpenRent |
| 2 Bed Flat, Romney House, SW1P | £3,350/mo | 2 | 0.11 miles | OpenRent |
| 2 Bed Flat, Esterbrooke St, SW1P | £3,750/mo | 2 | 0.25 miles | OpenRent |
| 2 Bed Flat, Strutton Ground, SW1P | £2,700/mo | 2 | 0.28 miles | OpenRent |
| 2 Bed Flat, Artillery Mansions, SW1H | £4,000/mo | 2 | 0.3 miles | OpenRent |
| 2 Bed Flat, Victoria Street, SW1H | £4,983/mo | 2 | 0.31 miles | OpenRent |

**Average rent: £3,530/mo (7 listings)**

## 1% Rule

- **Rent ratio:** 0.26% (weak for cashflow)
- **Max investor price (0.8%):** £418,750
- **Target investor price (1%):** £335,000

*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 £3,350/mo).*

- **Gross yield:** 3.1%
- **Cost-to-rent:** 32.3×
- **Monthly cashflow:** £-2,130/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -6.8%

*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).*

## Capital growth trend

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

- **5y growth:** -82.7%
- **10y growth:** -65.5%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -20.1%
- **5y growth (index):** -23.5%
- **10y growth (index):** -22%

## 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)