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33 Clarges Street, Mayfair, W1J 7EQ

London

£5,250,000

Listed on 20/05/2026

Property Details

Bedrooms
4
Type
Office
Area
4268 sqft

Description

This distinguished Grade II listed building, dating back to the 18th century, presents a unique opportunity for renovation and investment. Spanning 4,268 sq ft (396.4 sq m), the property includes a mix of office and residential spaces across lower ground, ground, and three upper floors. Its high ceilings and ample natural light enhance its overall appeal, while the historic details contribute to its character. Currently configured with commercial areas on the lower ground, ground, first, and second floors, and residential accommodation on the third floor, there is great potential for transformation into a single-family home. The location in Mayfair not only ensures proximity to luxury retail but also offers a prestigious address that adds intrinsic value to any investment. Previous planning permission exists for significant renovations including basement conversion, window replacements, and installation of modern amenities like lifts and solar panels—although this permission has lapsed. This property exemplifies a canvas ready for thoughtful restoration that respects its heritage while embracing contemporary living.

Investment Analysis

(W1 area)

Below Market Value

This property is priced -28.4% below area average per sq ft

-28.4%
Potential saving
This Property
£1,230/sq ft
Area Average
£1,717/sq ft
Avg Rent (weekly)
£1,064
Avg Yield
2.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£300,000 - £500,000
Target Value
£8,062,615
10% above area average per sq ft
Potential ROI
+40.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
1%
Properties sold annually

Local Market Trend (W1)

Area prices are falling by -14.0% over the last 12 months
3 year growth: -19.2%
5 year growth: -41.0%
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

33 Clarges Street, Mayfair, W1J 7EQ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£18,730
Based on a loan of £3,937,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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