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Shorts Gardens, London, WC2H

London

£495,000

Listed on 09/07/2026

Property details

Bedrooms
1
Type
Apartment
Area
530 sqft

Description

Nestled just a five-minute stroll from the vibrant Covent Garden Piazza and Leicester Square, this charming apartment at Shorts Gardens presents a rare opportunity for both investors and future homeowners. Situated within a small development of only three apartments, access is gained through a secure lobby with a sweeping staircase leading to the first floor. While the property has been kept in generally good condition, there is significant potential for an incoming buyer to modernize and refresh the living spaces to fully capitalize on its prime location. The layout features an entrance hall with storage solutions, a bathroom, a double bedroom equipped with built-in wardrobes, and an open-plan living area that provides pleasant views over Shorts Gardens. Having served as a successful rental unit, this property can easily transition into an ideal home or continue as a lucrative investment. Its excellent position allows residents to immerse themselves in London's rich cultural offerings including theatres, restaurants, and shopping districts. With all major Underground lines nearby, convenience is key. Please note there is some historic water staining; however, the source has been investigated and addressed. Future compliance work for Fire Safety regulations is also planned, providing further scope for improvements. The property holds approximately 64 years on its leasehold and carries a service charge of £9,403 (2026) alongside an annual ground rent of about £300. The council tax band is Camden D at approximately £2,107 per annum.

Investment analysis

(WC2 area)

Below Market Value

This property is priced -40.4% below area average per sq ft

-40.4%
Potential saving
This Property
£934/sq ft
Area Average
£1,568/sq ft
Avg Rent (weekly)
£996
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£913,998
10% above area average per sq ft
Potential ROI
+75.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
1%
Properties sold annually

Local Market Trend (WC2)

Area prices are rising by +7.7% over the last 12 months
3 year growth: -16.9%
5 year growth: -14.6%
Investment Disclaimer: Analysis based on WC2 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

Shorts Gardens, London, WC2H
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,870
Based on a loan of £371,250 over 30 years at 4.45% 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

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