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.

James Hyman

Partner, residential investment

Head office

T +44 (0) 20 7407 3669

Jo Leverett

Partner, residential investment & international

Head office

T +44 (0) 20 7647 7243

Pied-à-terres available to buy

£550,000

Monck House, London, SE1

£450,000

Monck House, London, SE1

£500,000

New Caledonian Wharf, London, SE16

£295,000

Edgware Road, London, W2

£575,000

Southwick Street, London, W2

£250,000

Chelsea Cloisters, London, SW3

£405,000

Harrowby Street, London, W1H

£1,850,000

Hyde Park Gardens, London, W2

£650,000

Merchant Court, London, E1W

£600,000

Walker House, London, SE1

Offers in excess of £800,000

Butlers & Colonial Wharf, London, SE1

£720,000

Park Steps, London, W2

Offers in excess of £970,000

Tanner Street, London, SE1

£500,000

Free Trade Wharf, London, E1W

£425,000

Seymour Street, London, W1H

£650,000

Hermitage Court, London, E1W

£500,000

Daventry Street, London, NW1

£575,000

Lancaster Gate, London, W2

Guide Price £600,000

Globe Wharf, London, SE16

£650,000

Thames Heights, London, SE1

Offers in excess of £725,000

Lion Court, London, SE1

Guide Price £700,000

China Wharf, London, SE1

£895,000

Eagle Wharf Court, London, SE1

£425,000

Pier Head, London, E1W

£750,000

Lion Court, London, SE1

Offers in excess of £1,000,000

Capital Wharf, London, E1W

£2,600,000

Conquest Tower, London, SE1

£400,000

Cole Street, London, SE1

£775,000

Monck House, London, SE1

£595,000

Cole Street, London, SE1

£525,000

Tower Bridge Wharf, London, E1W

Offers in excess of £600,000

Boss House, London, SE1

£1,225,000

Jacana Court, London, E1W

£680,000

Lower Sloane Street, London, SW1W

£900,000

Butlers & Colonial Wharf, London, SE1

£900,000

Tamarind Court, London, SE1

£1,195,000

Spice Quay Heights, London, SE1

£1,650,000

Anchor Brewhouse, London, SE1

£2,250,000

Park Street, London, SE1

£2,250,000

Butlers Wharf Building, London, SE1

Offers in excess of £495,000

New Tannery Way, London, SE1

£2,150,000

Betterton Street, London, WC2H

£575,000

Edgware Road, London, W2

£565,000

Westbourne Terrace, London, W2

Guide Price £460,000

Monmouth Road, London, W2

£1,495,000

Hyde Park Crescent, London, W2

£735,000

Devonport, London, W2

£670,000

Wyndham Street, London, W1H

Offers in excess of £2,000,000

Craven Hill Gardens, London, W2

£399,995

Upper Berkeley Street, London, W1H

£385,000

Burr Close, London, E1W

£590,000

Blandford Street, London, W1U

offersOver £699,000

Paultons House, London, SW3

Offers in excess of £400,000

Dalston Square, London, E8

£480,000

Free Trade Wharf, London, E1W

£475,000

Ginger Apartments, London, SE1

Guide Price £700,000

The Circle, London, SE1

£625,000

Axis Court, London, SE16

£525,000

Vanilla & Sesame Court, London, SE1

Guide Price £700,000

River View Heights, London, SE16

Offers in excess of £650,000

Eagle Wharf Court, London, SE1

Offers in excess of £550,000

Eagle Wharf Court, London, SE1

Guide Price £700,000

Cardamom Building, London, SE1

£2,095,000

Hyde Park Gardens, London, W2

£500,000

Vanilla & Sesame Court, London, SE1

£735,000

Porchester Square, London, W2

offersOver £700,000

Clifton Place, London, W2

£735,000

Ovington Square, London, SW3

£515,000

North Rise, London, W2

£895,000

Calico House, London, SE1

£575,000

Rampart Street, London, E1

£775,000

Vogans Mill Wharf, London, SE1

£550,000

Falconet Court, London, E1W

£525,000

Cheyne Place, London, SW3

£750,000

Vanilla & Sesame Court, London, SE1

£795,000

Linden Gardens, London, W2

£780,000

Tea Trade Wharf, London, SE1

£762,500

Lower Sloane Street, London, SW1W

£685,000

Millennium Square, London, SE1

£850,000

Chronicle Tower, London, EC1V

Offers in excess of £1,050,000

Clifton Place, London, W2

£575,000

Quadrangle Tower, London, W2

£800,000

Westgate Terrace, London, SW10

£725,000

Harrington Gardens, London, SW7

£690,000

3 Ovington Square, London, SW3

£999,999

De Vere Mews, London, W8

£950,000

Hyde Park Gardens, London, W2

Offers in excess of £1,750,000

New Crane Wharf, London, E1W

£430,000

Compass House, London, E1W

Guide Price £650,000

Wenlock Road, London, N1

£500,000

Southgate Road, London, N1

£2,999,950

Hyde Park Gardens, London, W2

£450,000

Harrowby Street, London, W1H

£550,000

Cinnamon Wharf, London, SE1

Guide Price £850,000

Caraway Apartments, London, SE1

£765,000

Southwell House 34-36 Egerton Gardens, London, SW3

£899,950

The Quadrangle, London, W2

Guide Price £500,000

Book House, London, EC1V

£625,000

Porchester Place, London, W2

£650,000

Harrow Road, London, W9

£625,000

Quadrangle Tower, London, W2

£475,000

Edgware Road, London, W2

£1,700,000

Mansfield Street, London, W1G

Guide Price £1,150,000

Graham Street, London, N1

Guide Price £350,000

Caledonian Road, London, N1

£450,000

Knot House, London, SE1

£550,000

Codling Close, London, E1W

£489,000

Forset Court, London, W2

Pied-à-terres available to rent

£692 per week

Shad Thames, Shad Thames, London, SE1

£600 per week

Odessa Street, Rotherhithe, London, SE16

£519 per week

Eagle Wharf Court, Tower Bridge, London, SE1

£1,205 per week

1 Collingham Road, Earls Court, London, SW5

£1,192 per week

1 Collingham Road, Earls Court, London, SW5

£900 per week

Upper Berkeley Street, Marylebone, Marylebone, W1H

£335 per week

Royal Street, Waterloo, London, SE1

£565 per week

Royal Street, Waterloo, London, SE1

£554 per week

Royal Street, Waterloo, London, SE1

£504 per week

31 Draycott Avenue, Chelsea, London, SW3

£647 per week

31 Draycott Avenue, Chelsea, London, SW3

£941 per week

31 Draycott Avenue, Chelsea, London, SW3

£895 per week

Cavalry Square, Chelsea, London, SW3

£570 per week

Draycott Avenue, Chelsea, London, SW3

£692 per week

Doves Yard, Islington, London, N1

£427 per week

East Lane, Shad Thames, London, SE16

£704 per week

Southwick Street, Hyde Park, London, W2

£600 per week

142 Battersea Park Road, Battersea, London, SW11

£525 per week

Robert Adam Street, Hyde Park, London, W1U

£485 per week

Holloway Road, Islington, London, N7

£650 per week

Wapping Lane, Wapping, London, E1W

£1,050 per week

Earls Way, London Bridge, London, SE1

£773 per week

Tea Trade Wharf, Shad Thames, London, SE1

£635 per week

Chelsea, London, SW3

£762 per week

Shirland Road, Maida Vale, London, W9

£634 per week

Seymour Place, Marylebone, London, W1H

£577 per week

Cannon Street Road, Whitechapel, London, E1

£1,038 per week

Earls Way, London Bridge, London, SE1

£773 per week

4 Deacon Street, London, SE17

£462 per week

Dibden Street, Islington, London, N1

£1,050 per week

145 Fulham Road, South Kensington, London, SW3

£760 per week

145 Fulham Road, South Kensington, London, SW3

£750 per week

Fulham Road, Chelsea, London, SW3

£525 per week

St. Georges Fields, Hyde Park, London, W2

£808 per week

Queens House, Clerkenwell, London, WC1N

£1,200 per week

Southbank Place, Waterloo, London, SE1

£1,569 per week

Kensington Gardens Square, Bayswater, London, W2

£808 per week

Sanderling Lodge, Wapping, London, E1W

£1,200 per week

Manchester Street, Hyde Park, London, W1U

£531 per week

Shepherds Bush Road, Brook Green, London, W6

£1,000 per week

Dean Ryle Street, Belgravia, London, SW1P

£577 per week

Walkinshaw Court, Islington, London, N1

£692 per week

Queen Square, Islington, London, WC1N

£1,800 per week

11-13 Young Street, Kensington, London, W8

£630 per week

Hill Street, Mayfair, Mayfair, W1J

£1,355 per week

Rainville Road, London, W6

£1,385 per week

161 Fulham Road, South Kensington, London, SW3

£800 per week

Kendal Street, Hyde Park, London, W2

£1,140 per week

Edgware Road, Hyde Park, London, W2

£650 per week

Hill Street, Mayfair, London, W1J

£790 per week

Rainville Road, Fulham, London, W6

£900 per week

Fulham Road, Chelsea, London, SW3

£1,148 per week

Stanhope Gardens, London, SW7

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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.

What exactly is a pied-à-terre?

Why might you want to live in one?

London hotspots

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

Pied-à-terres available to buy

Pied-à-terres available to rent

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