# 1 bedroom flat for rent (W1T 3DB)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 2, 74 NEWMAN STREET, LONDON, GREATER LONDON W1T 3DB |
| Price | £2,800 pcm |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | E |
| Last sold | £645,000 Feb 2016 |

## Description

Immaculately presented and tastefully furnished, one double bedroom flat on the first floor of well maintained and secure apartment block with lift. *Zero Deposit Option Available* (Subject to reference).

Located at the rear of the building, this quiet home features an open plan living space with dining area, integrated kitchen with dishwasher, double bedroom with large built-in wardrobes, tiles bathroom with shower and high ceilings.

Ideally located in the heart of Fitzrovia and just off Oxford Street, Elizabeth Line at Tottenham Court Road tube station (approximately 0.3 miles) and Oxford Circus tube station (approximately 0.4 miles) are both within easy reach.

Zero Deposit Option Available - Council Tax Westminster City Band E

## Property Photos

- ![Photo](/listings/photos/90841665/1609734)
- ![Photo](/listings/photos/90841665/1609736)
- ![Photo](/listings/photos/90841665/1609737)
- ![Photo](/listings/photos/90841665/1609739)
- ![Photo](/listings/photos/90841665/1609740)
- ![Photo](/listings/photos/90841665/1609741)
- ![Photo](/listings/photos/90841665/1609743)
- ![Photo](/listings/photos/90841665/1609744)

## Floorplans

- ![Floorplan 1](/listings/photos/90841665/1609745) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/90841665/1609747) - EPC 1

## 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):** £1,436/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 |
|------|------|------|------|------|
| 1 Bed Flat, Tottenham Court Road, W1T | £5,200/mo | 1 | 0.06 miles | OpenRent |
| 1 Bed Flat, Berners St, W1T | £4,500/mo | 1 | 0.07 miles | OpenRent |
| 1 Bed Flat, Berners St, W1T | £4,600/mo | 1 | 0.07 miles | OpenRent |
| 1 Bed Flat, Fareham Street, W1F | £4,200/mo | 1 | 0.09 miles | OpenRent |
| 1 Bed Flat, Goodge Street, W1T | £2,650/mo | 1 | 0.21 miles | OpenRent |
| 1 Bed Flat, Elisa Court, W1T | £3,012/mo | 1 | 0.29 miles | OpenRent |

**Average rent: £4,027/mo (6 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £4,350/mo).*

- **Gross yield:** 1864.3%
- **Monthly cashflow:** £3,879/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5732.5%

*Gross yield = annual rent as % of price (no costs). 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).*

## 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)