Return of the pied-à-terre: 7 properties available to buy or rent now

In our recent blog article, Cluttons’ James Hyman highlighted that a return of the pied-à-terre purchaser was beginning to fill the first-time-buyer-shaped hole in demand felt across London since June.

James noted his teams were seeing an increase in buyers who had previously moved their families to the country but were now returning to the office. Add to that a combination of soaring hotel prices and train fares approaching pre-pandemic prices, it seems that the idea of owning, or renting a secondary residence is becoming an increasingly attractive option once again.

What exactly is a pied-à-terre?

Pied-à-terre is a French term for “foot on the ground”. In practice, it’s essentially a small house or apartment in a city that you own or rent in addition to your main home, where you stay when working in or visiting that city for a short time.

Why might you want to live in one?

According to James, clients typically look to purchase a pied-à-terre in London for a couple of reasons. “It mainly appeals to professionals who have relocated outside of London but want a bolthole in easy distance from both their workplace and a station. Many view it as a long-term investment; instead of putting money into a pension fund, this is an asset that can be rented out and more than likely deliver strong capital growth in the future, as well as something their friends and family can benefit from too if they’re studying or working in London.”

The other increasingly common scenario is for those who want to downsize as they look to spend more time at a European holiday home that’s just a short flight away from London.

Most popular amenities

  • As they say – location, location, location
  • Easy access to public transport
  • Concierge or porter
  • Pet-friendly
  • Two bedrooms or one bedroom with a good size living area for when friends and family stay

One perhaps surprising feature that doesn’t top the non-negotiable list, is outside space. James says “Despite changes to how we live and work, it’s a bit of a misconception that outside space is a major driver for all Central London buyer and renters at the moment. Especially when it comes to those looking to buy or rent a secondary residence, because they’re going to be out and about a lot and more than likely have a garden at their primary home. Such a massive proportion of London doesn’t have any outside space – it’s the “London compromise” and always has been. Location and interior space is always important and anything more than that, such as a balcony or terrace, is just a wonderful luxury”.

London hotspots

Whilst everyone has their private wish list, and it really depends what you’re using it for, arguably the most important aspect or buying or renting a pied-à-terre is its location.

Commenting on popular City spots, James says “Obvious locations are Shad Thames and Wapping, due to their proximity to both the City and Canary Wharf. Buyers will be looking at geographies that are affordable but likely to offer good returns, in areas that are undergoing regeneration and infrastructure improvements.”

“Other popular locations are Kings Cross and Paddington thanks to infrastructure. Professionals can literally hop off their train, drop their bags off and be into work in under 30 minutes.”

Searching for your perfect pied-à-terre in London?

Take a look at a selection of Cluttons properties currently available to buy or rent, now.

Contact

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James Hyman

Partner, residential investment

Head office

T +44 (0) 20 7407 3669
James Hyman, Cluttons
Contact

If you do not wish to receive further communications from us, please email [email protected]. More details on how to opt out can be seen in our Privacy Policy.

Jo Leverett

Partner, residential investment & international

Head office

T +44 (0) 20 7647 7243
Jo Leverett, Cluttons

Pied-à-terres available to buy

Merchant Court, London, E1W
£650,000

Merchant Court, London, E1W

The Circle, London, SE1
Guide Price £700,000

The Circle, London, SE1

Tamarind Court, London, SE1
£900,000

Tamarind Court, London, SE1

Eagle Wharf Court, London, SE1
£895,000

Eagle Wharf Court, London, SE1

Axis Court, London, SE16
£625,000

Axis Court, London, SE16

Lower Sloane Street, London, SW1W
£680,000

Lower Sloane Street, London, SW1W

Globe Wharf, London, SE16
Guide Price £600,000

Globe Wharf, London, SE16

Vanilla & Sesame Court, London, SE1
£525,000

Vanilla & Sesame Court, London, SE1

River View Heights, London, SE16
Guide Price £700,000

River View Heights, London, SE16

Eagle Wharf Court, London, SE1
Offers in excess of £650,000

Eagle Wharf Court, London, SE1

Gun Wharf, London, E1W
£585,000

Gun Wharf, London, E1W

Tower Bridge Wharf, London, E1W
£525,000

Tower Bridge Wharf, London, E1W

Monck House, London, SE1
£775,000

Monck House, London, SE1

Seymour Street, London, W1H
£425,000

Seymour Street, London, W1H

Park Street, London, SE1
£2,250,000

Park Street, London, SE1

Betterton Street, London, WC2H
£2,150,000

Betterton Street, London, WC2H

Praed Street, London, W2
Offers in excess of £1,350,000

Praed Street, London, W2

Eagle Wharf Court, London, SE1
Offers in excess of £550,000

Eagle Wharf Court, London, SE1

Westbourne Terrace, London, W2
£565,000

Westbourne Terrace, London, W2

Boss House, London, SE1
Offers in excess of £600,000

Boss House, London, SE1

Cardamom Building, London, SE1
Guide Price £700,000

Cardamom Building, London, SE1

Walker House, London, SE1
£600,000

Walker House, London, SE1

Cole Street, London, SE1
£400,000

Cole Street, London, SE1

Cole Street, London, SE1
£595,000

Cole Street, London, SE1

New Caledonian Wharf, London, SE16
£500,000

New Caledonian Wharf, London, SE16

Hyde Park Gardens, London, W2
£2,095,000

Hyde Park Gardens, London, W2

Vanilla & Sesame Court, London, SE1
£500,000

Vanilla & Sesame Court, London, SE1

Daventry Street, London, NW1
£500,000

Daventry Street, London, NW1

Lancaster Gate, London, W2
£575,000

Lancaster Gate, London, W2

Porchester Square, London, W2
£735,000

Porchester Square, London, W2

Granary House, London, SE16
£635,000

Granary House, London, SE16

Clifton Place, London, W2
offersOver £700,000

Clifton Place, London, W2

Paultons House, London, SW3
offersOver £699,000

Paultons House, London, SW3

Craven Hill Gardens, London, W2
Offers in excess of £2,000,000

Craven Hill Gardens, London, W2

Chelsea Cloisters, London, SW3
£295,000

Chelsea Cloisters, London, SW3

Hyde Park Gardens, London, W2
£1,850,000

Hyde Park Gardens, London, W2

Ovington Square, London, SW3
£735,000

Ovington Square, London, SW3

North Rise, London, W2
£515,000

North Rise, London, W2

New Tannery Way, London, SE1
£530,000

New Tannery Way, London, SE1

Calico House, London, SE1
£895,000

Calico House, London, SE1

Hermitage Court, London, E1W
£650,000

Hermitage Court, London, E1W

Free Trade Wharf, London, E1W
£500,000

Free Trade Wharf, London, E1W

Free Trade Wharf, London, E1W
£500,000

Free Trade Wharf, London, E1W

Rampart Street, London, E1
£575,000

Rampart Street, London, E1

Vogans Mill Wharf, London, SE1
£775,000

Vogans Mill Wharf, London, SE1

Falconet Court, London, E1W
£550,000

Falconet Court, London, E1W

Beaufort Street, London, SW3
£750,000

Beaufort Street, London, SW3

Cheyne Place, London, SW3
£525,000

Cheyne Place, London, SW3

Capital Wharf, London, E1W
Offers in excess of £1,000,000

Capital Wharf, London, E1W

Park Steps, London, W2
£770,000

Park Steps, London, W2

Vanilla & Sesame Court, London, SE1
£750,000

Vanilla & Sesame Court, London, SE1

Ginger Apartments, London, SE1
£500,000

Ginger Apartments, London, SE1

Linden Gardens, London, W2
£795,000

Linden Gardens, London, W2

Tea Trade Wharf, London, SE1
£780,000

Tea Trade Wharf, London, SE1

Butlers & Colonial Wharf, London, SE1
£900,000

Butlers & Colonial Wharf, London, SE1

Pierpoint Building, London, E14
£580,000

Pierpoint Building, London, E14

Lower Sloane Street, London, SW1W
£762,500

Lower Sloane Street, London, SW1W

Millennium Square, London, SE1
£685,000

Millennium Square, London, SE1

Chronicle Tower, London, EC1V
£850,000

Chronicle Tower, London, EC1V

Lion Court, London, SE1
Offers in excess of £725,000

Lion Court, London, SE1

Edgware Road, London, W2
£575,000

Edgware Road, London, W2

Southwick Street, London, W2
£575,000

Southwick Street, London, W2

Hyde Park Crescent, London, W2
£1,495,000

Hyde Park Crescent, London, W2

Clifton Place, London, W2
Offers in excess of £1,050,000

Clifton Place, London, W2

Quadrangle Tower, London, W2
£575,000

Quadrangle Tower, London, W2

Thames Heights, London, SE1
£650,000

Thames Heights, London, SE1

Jacana Court, London, E1W
£1,225,000

Jacana Court, London, E1W

Westgate Terrace, London, SW10
£800,000

Westgate Terrace, London, SW10

Harrington Gardens, London, SW7
£725,000

Harrington Gardens, London, SW7

3 Ovington Square, London, SW3
£690,000

3 Ovington Square, London, SW3

De Vere Mews, London, W8
£999,999

De Vere Mews, London, W8

Hyde Park Gardens, London, W2
£950,000

Hyde Park Gardens, London, W2

Upper Berkeley Street, London, W1H
£399,995

Upper Berkeley Street, London, W1H

Southwark Bridge Road, London, SE1
£475,000

Southwark Bridge Road, London, SE1

Anchor Brewhouse, London, SE1
£1,650,000

Anchor Brewhouse, London, SE1

Red Lion Court, London, E1W
£450,000

Red Lion Court, London, E1W

New Crane Wharf, London, E1W
Offers in excess of £1,750,000

New Crane Wharf, London, E1W

Compass House, London, E1W
£430,000

Compass House, London, E1W

Devonport, London, W2
£735,000

Devonport, London, W2

Butlers Wharf Building, London, SE1
£2,250,000

Butlers Wharf Building, London, SE1

Sanderling Lodge, London, E1W
£1,200,000

Sanderling Lodge, London, E1W

New Concordia Wharf, London, SE1
Offers in excess of £2,000,000

New Concordia Wharf, London, SE1

Wenlock Road, London, N1
Guide Price £650,000

Wenlock Road, London, N1

Harrowby Street, London, W1H
£405,000

Harrowby Street, London, W1H

Lion Court, London, SE1
£750,000

Lion Court, London, SE1

Southgate Road, London, N1
£500,000

Southgate Road, London, N1

Dalston Square, London, E8
Offers in excess of £425,000

Dalston Square, London, E8

Pier Head, London, E1W
£450,000

Pier Head, London, E1W

Hyde Park Gardens, London, W2
£2,999,950

Hyde Park Gardens, London, W2

Wyndham Street, London, W1H
£670,000

Wyndham Street, London, W1H

Harrowby Street, London, W1H
£450,000

Harrowby Street, London, W1H

Cinnamon Wharf, London, SE1
£550,000

Cinnamon Wharf, London, SE1

Monmouth Road, London, W2
Guide Price £460,000

Monmouth Road, London, W2

Blandford Street, London, W1U
£590,000

Blandford Street, London, W1U

Edgware Road, London, W2
£295,000

Edgware Road, London, W2

Caraway Apartments, London, SE1
Guide Price £850,000

Caraway Apartments, London, SE1

Spice Quay Heights, London, SE1
£1,250,000

Spice Quay Heights, London, SE1

Southwell House 34-36 Egerton Gardens, London, SW3
£765,000

Southwell House 34-36 Egerton Gardens, London, SW3

The Quadrangle, London, W2
£899,950

The Quadrangle, London, W2

Book House, London, EC1V
Guide Price £500,000

Book House, London, EC1V

Porchester Place, London, W2
£625,000

Porchester Place, London, W2

Harrow Road, London, W9
£650,000

Harrow Road, London, W9

Quadrangle Tower, London, W2
£625,000

Quadrangle Tower, London, W2

Edgware Road, London, W2
£475,000

Edgware Road, London, W2

Mansfield Street, London, W1G
£1,700,000

Mansfield Street, London, W1G

Graham Street, London, N1
Guide Price £1,150,000

Graham Street, London, N1

Caledonian Road, London, N1
Guide Price £350,000

Caledonian Road, London, N1

China Wharf, London, SE1
Guide Price £700,000

China Wharf, London, SE1

Knot House, London, SE1
£450,000

Knot House, London, SE1

Codling Close, London, E1W
£550,000

Codling Close, London, E1W

Forset Court, London, W2
£489,000

Forset Court, London, W2

Pied-à-terres available to rent

Shirland Road, Maida Vale, London, W9
£762 per week

Shirland Road, Maida Vale, London, W9

Millennium Square, Shad Thames, London, SE1
£635 per week

Millennium Square, Shad Thames, London, SE1

De Beauvoir House, Islington, London, N1
£577 per week

De Beauvoir House, Islington, London, N1

Witherington Road, Highbury, London, N5
£577 per week

Witherington Road, Highbury, London, N5

Seymour Place, Marylebone, London, W1H
£670 per week

Seymour Place, Marylebone, London, W1H

Queen Elizabeth Street, Shad Thames, London, SE1
£900 per week

Queen Elizabeth Street, Shad Thames, London, SE1

Cranley Gardens, South Kensington, London, SW7
£645 per week

Cranley Gardens, South Kensington, London, SW7

New Quebec Street, Marylebone, London, W1H
£1,027 per week

New Quebec Street, Marylebone, London, W1H

Hermitage Waterside, Wapping, London, E1W
£650 per week

Hermitage Waterside, Wapping, London, E1W

Cannon Street Road, Whitechapel, London, E1
£577 per week

Cannon Street Road, Whitechapel, London, E1

Earls Way, London Bridge, London, SE1
£1,038 per week

Earls Way, London Bridge, London, SE1

4 Deacon Street, London, SE17
£773 per week

4 Deacon Street, London, SE17

Seymour Street, Marylebone, London, W1H
£1,200 per week

Seymour Street, Marylebone, London, W1H

Dibden Street, Islington, London, N1
£462 per week

Dibden Street, Islington, London, N1

145 Fulham Road, South Kensington, London, SW3
£1,050 per week

145 Fulham Road, South Kensington, London, SW3

145 Fulham Road, South Kensington, London, SW3
£760 per week

145 Fulham Road, South Kensington, London, SW3

Fulham Road, Chelsea, London, SW3
£750 per week

Fulham Road, Chelsea, London, SW3

St. Georges Fields, Hyde Park, London, W2
£525 per week

St. Georges Fields, Hyde Park, London, W2

Queens House, Clerkenwell, London, WC1N
£808 per week

Queens House, Clerkenwell, London, WC1N

Southbank Place, Waterloo, London, SE1
£1,200 per week

Southbank Place, Waterloo, London, SE1

Euston Road, Kings Cross, London, NW1
£692 per week

Euston Road, Kings Cross, London, NW1

Edgeware Road, Hyde Park, London, W2
£646 per week

Edgeware Road, Hyde Park, London, W2

Pierpoint Building, Canary Wharf, London, E14
£625 per week

Pierpoint Building, Canary Wharf, London, E14

Kensington Gardens Square, Bayswater, London, W2
£1,569 per week

Kensington Gardens Square, Bayswater, London, W2

Elm Tree Court, Elm Tree Road, St Johns Wood, London, NW8
£519 per week

Elm Tree Court, Elm Tree Road, St Johns Wood, London, NW8

New Quebec Street, Marylebone, London, W1H
£1,269 per week

New Quebec Street, Marylebone, London, W1H

Tanner Street, Bermondsey Street, Southwark, SE1
£738 per week

Tanner Street, Bermondsey Street, Southwark, SE1

Reardon Path, London, E1W
£525 per week

Reardon Path, London, E1W

Sanderling Lodge, Wapping, London, E1W
£1,000 per week

Sanderling Lodge, Wapping, London, E1W

Shepherds Bush Road, Brook Green, Shepherds Bush, W6
£508 per week

Shepherds Bush Road, Brook Green, Shepherds Bush, W6

Gloucester Terrace, Hyde Park, London, W2
£950 per week

Gloucester Terrace, Hyde Park, London, W2

Manchester Street, Hyde Park, London, W1U
£1,250 per week

Manchester Street, Hyde Park, London, W1U

Shepherds Bush Road, Brook Green, London, W6
£531 per week

Shepherds Bush Road, Brook Green, London, W6

Shepherds Bush Road, Brook Green, London, W6
£531 per week

Shepherds Bush Road, Brook Green, London, W6

Dean Ryle Street, Belgravia, London, SW1P
£1,000 per week

Dean Ryle Street, Belgravia, London, SW1P

Walkinshaw Court, Islington, London, N1
£577 per week

Walkinshaw Court, Islington, London, N1

Holloway Road, Islington, London, N7
£496 per week

Holloway Road, Islington, London, N7

Shepherds Bush Road, Brook Green, London, W6
£531 per week

Shepherds Bush Road, Brook Green, London, W6

Muncaster Road, Clapham, London, SW11
£831 per week

Muncaster Road, Clapham, London, SW11

Queen Square, Islington, London, WC1N
£692 per week

Queen Square, Islington, London, WC1N

11-13 Young Street, Kensington, London, W8
£1,800 per week

11-13 Young Street, Kensington, London, W8

Hill Street, Mayfair, Mayfair, W1J
£630 per week

Hill Street, Mayfair, Mayfair, W1J

4 Eccleston Street, Belgravia, London, SW1W
£925 per week

4 Eccleston Street, Belgravia, London, SW1W

Rainville Road, London, W6
£1,355 per week

Rainville Road, London, W6

161 Fulham Road, South Kensington, London, SW3
£1,385 per week

161 Fulham Road, South Kensington, London, SW3

Kendal Street, Hyde Park, London, W2
£800 per week

Kendal Street, Hyde Park, London, W2

Edgware Road, Hyde Park, London, W2
£1,140 per week

Edgware Road, Hyde Park, London, W2

Hill Street, Mayfair, London, W1J
£650 per week

Hill Street, Mayfair, London, W1J

Rainville Road, Fulham, London, W6
£790 per week

Rainville Road, Fulham, London, W6

Fulham Road, Chelsea, London, SW3
£900 per week

Fulham Road, Chelsea, London, SW3

Stanhope Gardens, London, SW7
£1,148 per week

Stanhope Gardens, London, SW7

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