Worst House on the Street Logo
Homer Street, Marylebone, W1H - Image 1
Homer Street, Marylebone, W1H - Image 2
Homer Street, Marylebone, W1H - Image 3
Homer Street, Marylebone, W1H - Image 4
Homer Street, Marylebone, W1H - Image 5
Homer Street, Marylebone, W1H - Image 6
Homer Street, Marylebone, W1H - Image 7
Homer Street, Marylebone, W1H - Image 8
Homer Street, Marylebone, W1H - Image 9
Homer Street, Marylebone, W1H - Image 10
Homer Street, Marylebone, W1H - Image 11

Homer Street, Marylebone, W1H

London

£1,999,950
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
2442 sqft

Description

This property presents a noteworthy opportunity for those interested in renovation and investment in the desirable Marylebone area. Situated on a peaceful residential street, the freehold property currently spans two levels, with planning permission recently approved to facilitate either the construction of multiple flats or the creation of an impressive single-family residence. The upper floors feature a three-bedroom layout, comprising three well-sized double bedrooms alongside thoughtfully designed living areas that incorporate modern finishes and ample storage solutions. Meanwhile, the lower floors are in need of updating and offer a blank canvas that can be transformed according to the new owner’s vision, aligning with the possibilities outlined in the planning consent. Homer Street is strategically positioned within easy walking distance of major transport links at Marylebone, Edgware Road, and Baker Street Underground stations, ensuring seamless connectivity throughout London. For those who prefer to drive, access to the A40 is straightforward. The surrounding neighborhood boasts a vibrant selection of shops, cafés, and restaurants, complemented by nearby green spaces such as Regent’s Park, enhancing both lifestyle appeal and long-term investment potential. This property allows for creativity in development while situated in a sought-after location that promises continued growth and desirability.

Investment Analysis

(W1 area)

Below Market Value

This property is priced -53.5% below area average per sq ft

-53.5%
Potential saving
This Property
£819/sq ft
Area Average
£1,762/sq ft
Avg Rent (weekly)
£1,102
Avg Yield
2.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £200,000
Target Value
£4,734,159
10% above area average per sq ft
Potential ROI
+115.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (W1)

Area prices are falling by -27.2% over the last 12 months
3 year growth: -27.8%
5 year growth: -41.7%
Investment Disclaimer: Analysis based on W1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Homer Street, Marylebone, W1H
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£7,213
Based on a loan of £1,499,962 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development