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) 7769 744 457
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

Caraway Apartments, London, SE1
£485,000

Caraway Apartments, London, SE1

Free Trade Wharf, London, E1W
£450,000

Free Trade Wharf, London, E1W

Walker House, London, SE1
£435,000

Walker House, London, SE1

Upper Berkeley Street, London, W1H
£399,995

Upper Berkeley Street, London, W1H

Walker House, London, SE1
£525,000

Walker House, London, SE1

St Hildas Wharf, London, E1W
£900,000

St Hildas Wharf, London, E1W

Burr Close, London, E1W
Offers in excess of £350,000

Burr Close, London, E1W

Halcyon Wharf, London, E1W
£600,000

Halcyon Wharf, London, E1W

Caraway Apartments, London, SE1
£600,000

Caraway Apartments, London, SE1

Ginger Apartments, London, SE1
£425,000

Ginger Apartments, London, SE1

Bracken House, London, E3
£200,000

Bracken House, London, E3

Lancaster Gate, London, W2
Offers in excess of £460,000

Lancaster Gate, London, W2

Porchester Square, London, W2
£400,000

Porchester Square, London, W2

Leeward Court, London, E1W
£550,000

Leeward Court, London, E1W

Harrow Road, London, W9
£650,000

Harrow Road, London, W9

Merganser Court, London, E1W
£800,000

Merganser Court, London, E1W

Vanilla & Sesame Court, London, SE1
£450,000

Vanilla & Sesame Court, London, SE1

Monck House, London, SE1
£400,000

Monck House, London, SE1

River View Heights, London, SE16
£685,000

River View Heights, London, SE16

Brick Lane, London, E1
Guide Price £650,000

Brick Lane, London, E1

Forset Court, London, W2
£489,000

Forset Court, London, W2

China Wharf, London, SE1
Offers in excess of £600,000

China Wharf, London, SE1

The Quadrangle, London, W2
£899,950

The Quadrangle, London, W2

Rampart Street, London, E1
£550,000

Rampart Street, London, E1

The Circle, London, SE1
£700,000

The Circle, London, SE1

Providence Square, London, SE1
£800,000

Providence Square, London, SE1

Vanilla & Sesame Court, London, SE1
Guide Price £475,000

Vanilla & Sesame Court, London, SE1

Cinnamon Wharf, London, SE1
£500,000

Cinnamon Wharf, London, SE1

River View Heights, London, SE16
£750,000

River View Heights, London, SE16

Butlers & Colonial Wharf, London, SE1
£1,100,000

Butlers & Colonial Wharf, London, SE1

Gloucester Terrace, London, W2
£980,000

Gloucester Terrace, London, W2

Stourcliffe Street, London, W1H
£550,000

Stourcliffe Street, London, W1H

Hyde Park Gardens, London, W2
£1,775,000

Hyde Park Gardens, London, W2

Seymour Street, London, W1H
Offers in the region of £399,950

Seymour Street, London, W1H

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

Butlers Wharf Building, London, SE1

Fennel Apartments, London, SE1
£850,000

Fennel Apartments, London, SE1

Cinnamon Wharf, London, SE1
£1,350,000

Cinnamon Wharf, London, SE1

Lower Sloane Street, London, SW1W
£680,000

Lower Sloane Street, London, SW1W

Vogans Mill Wharf, London, SE1
£750,000

Vogans Mill Wharf, London, SE1

Halcyon Wharf, London, E1W
£600,000

Halcyon Wharf, London, E1W

Cole Street, London, SE1
Offers in excess of £385,000

Cole Street, London, SE1

Conquest Tower, London, SE1
£2,600,000

Conquest Tower, London, SE1

Daventry Street, London, NW1
£500,000

Daventry Street, London, NW1

Butlers & Colonial Wharf, London, SE1
Offers in excess of £800,000

Butlers & Colonial Wharf, London, SE1

Spice Quay Heights, London, SE1
£1,195,000

Spice Quay Heights, London, SE1

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

Betterton Street, London, WC2H

Thames Heights, London, SE1
£600,000

Thames Heights, London, SE1

Park Street, London, SE1
£2,250,000

Park Street, London, SE1

Tamarind Court, London, SE1
£850,000

Tamarind Court, London, SE1

Mission Point, London, SE16
Offers in the region of £625,000

Mission Point, London, SE16

Stourcliffe Street, London, W1H
£625,000

Stourcliffe Street, London, W1H

Wyndham Street, London, W1H
£630,000

Wyndham Street, London, W1H

North Rise, London, W2
£495,000

North Rise, London, W2

Jubilee Place, London, SW3
£900,000

Jubilee Place, London, SW3

Harrowby Street, London, W1H
£420,000

Harrowby Street, London, W1H

Blandford Street, London, W1U
£550,000

Blandford Street, London, W1U

Westbourne Terrace, London, W2
£525,000

Westbourne Terrace, London, W2

Hyde Park Gardens, London, W2
£950,000

Hyde Park Gardens, London, W2

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

Butlers & Colonial Wharf, London, SE1

Eagle Wharf Court, London, SE1
Offers in excess of £600,000

Eagle Wharf Court, London, SE1

Calico House, London, SE1
£895,000

Calico House, London, SE1

3 Ovington Square, London, SW3
£675,000

3 Ovington Square, London, SW3

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

Capital Wharf, London, E1W

Cinnamon Wharf, London, SE1
£550,000

Cinnamon Wharf, London, SE1

Quadrangle Tower, London, W2
£625,000

Quadrangle Tower, London, W2

Harrowby Street, London, W1H
£405,000

Harrowby Street, London, W1H

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

Wimpole Street, London, W1G
£880,000

Wimpole Street, London, W1G

Millennium Square, London, SE1
£685,000

Millennium Square, London, SE1

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

Caraway Apartments, London, SE1

Cinnabar Wharf Central, London, E1W
£700,000

Cinnabar Wharf Central, London, E1W

Linden Gardens, London, W2
£795,000

Linden Gardens, London, W2

Edgware Road, London, W2
£475,000

Edgware Road, London, W2

New Caledonian Wharf, London, SE16
£500,000

New Caledonian Wharf, London, SE16

Cinnamon Wharf, London, SE1
Offers in excess of £600,000

Cinnamon Wharf, London, SE1

New Tannery Way, London, SE1
Offers in excess of £495,000

New Tannery Way, London, SE1

Fleming House, London, SE16
Guide Price £400,000

Fleming House, London, SE16

Ovington Square, London, SW3
£715,000

Ovington Square, London, SW3

Harrington Gardens, London, SW7
£700,000

Harrington Gardens, London, SW7

Cheyne Place, London, SW3
£525,000

Cheyne Place, London, SW3

De Vere Mews, London, W8
£999,999

De Vere Mews, London, W8

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

Monmouth Road, London, W2

Merchant Court, London, E1W
£700,000

Merchant Court, London, E1W

Strathearn Place, London, W2
£625,000

Strathearn Place, London, W2

Tower Bridge Wharf, London, E1W
£525,000

Tower Bridge Wharf, London, E1W

Hermitage Court, London, E1W
£625,000

Hermitage Court, London, E1W

Edgware Road, London, W2
£295,000

Edgware Road, London, W2

Southwick Street, London, W2
£575,000

Southwick Street, London, W2

Merchant Court, London, E1W
£650,000

Merchant Court, London, E1W

Lion Court, London, SE1
£750,000

Lion Court, London, SE1

Edgware Road, London, W2
£575,000

Edgware Road, London, W2

Devonport, London, W2
£735,000

Devonport, London, W2

Dalston Square, London, E8
Offers in excess of £400,000

Dalston Square, London, E8

Axis Court, London, SE16
£625,000

Axis Court, London, SE16

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

Hyde Park Gardens, London, W2

Clifton Place, London, W2
offersOver £700,000

Clifton Place, London, W2

Lower Sloane Street, London, SW1W
£762,500

Lower Sloane Street, London, SW1W

Chronicle Tower, London, EC1V
£850,000

Chronicle Tower, London, EC1V

Westgate Terrace, London, SW10
£800,000

Westgate Terrace, London, SW10

Compass House, London, E1W
£430,000

Compass House, London, E1W

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

Wenlock Road, London, N1

Southgate Road, London, N1
£500,000

Southgate Road, London, N1

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

Hyde Park Gardens, London, W2

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

Southwell House 34-36 Egerton Gardens, London, SW3

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

Book House, London, EC1V

Porchester Place, London, W2
£625,000

Porchester Place, 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

Pied-à-terres available to rent

Peninsula Court, Islington, London, N1
£808 per week

Peninsula Court, Islington, London, N1

Kensington Gardens Square, Bayswater, London, W2
£1,581 per week

Kensington Gardens Square, Bayswater, London, W2

Commercial Road, Wapping, London, E14
£577 per week

Commercial Road, Wapping, London, E14

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

Seymour Place, Marylebone, London, W1H
£1,108 per week

Seymour Place, Marylebone, London, W1H

Tarling Street, Whitechapel, London, E1
£554 per week

Tarling Street, Whitechapel, London, E1

Chiltern Street, Marylebone, London, W1U
£958 per week

Chiltern Street, Marylebone, London, W1U

Bryanston Square, Hyde Park, London, W1H
£1,615 per week

Bryanston Square, Hyde Park, London, W1H

Gloucester Place Mews, Marylebone, London, W1U
£1,269 per week

Gloucester Place Mews, Marylebone, London, W1U

Meridian Court, Shad Thames, London, SE16
£542 per week

Meridian Court, Shad Thames, London, SE16

Jacana Court, Wapping, London, E1W
£658 per week

Jacana Court, Wapping, London, E1W

Seymour Place, Marylebone, London, W1H
£575 per week

Seymour Place, Marylebone, London, W1H

Coriander Court, Shad Thames, London, SE1
£727 per week

Coriander Court, Shad Thames, London, SE1

Mildmay Avenue, London, N1
£519 per week

Mildmay Avenue, London, N1

Hill Street, Mayfair, London, W1J
£1,260 per week

Hill Street, Mayfair, London, W1J

Royal Street, Waterloo, London, SE1
£565 per week

Royal Street, Waterloo, London, SE1

Hans Road, Knightsbridge, London, SW3
£760 per week

Hans Road, Knightsbridge, London, SW3

The Circle, Shad Thames, London, SE1
£565 per week

The Circle, Shad Thames, London, SE1

Wapping Lane, Wapping, London, E1W
£625 per week

Wapping Lane, Wapping, London, E1W

Shad Thames, London, SE1
£750 per week

Shad Thames, London, SE1

Tufnell Park Road, Islington, London, N7
£519 per week

Tufnell Park Road, Islington, London, N7

Rose Court, Islington, London, N1
£1,038 per week

Rose Court, Islington, London, N1

Parr Street, London, N1
£727 per week

Parr Street, London, N1

Edgar Road, Bow, London, E3
£381 per week

Edgar Road, Bow, London, E3

Prospect Place, Wapping, London, E1W
£575 per week

Prospect Place, Wapping, London, E1W

Graham Street, Islington, London, N1
£635 per week

Graham Street, Islington, London, N1

Caraway Apartments, Shad Thames, London, SE1
£575 per week

Caraway Apartments, Shad Thames, London, SE1

Caledonian Road, Kings Cross, London, N1
£750 per week

Caledonian Road, Kings Cross, London, N1

Odessa Street, Rotherhithe, London, SE16
£600 per week

Odessa Street, Rotherhithe, London, SE16

1 Collingham Road, Earls Court, London, SW5
£1,205 per week

1 Collingham Road, Earls Court, London, SW5

1 Collingham Road, Earls Court, London, SW5
£1,192 per week

1 Collingham Road, Earls Court, London, SW5

31 Draycott Avenue, Chelsea, London, SW3
£504 per week

31 Draycott Avenue, Chelsea, London, SW3

31 Draycott Avenue, Chelsea, London, SW3
£647 per week

31 Draycott Avenue, Chelsea, London, SW3

31 Draycott Avenue, Chelsea, London, SW3
£941 per week

31 Draycott Avenue, Chelsea, London, SW3

Draycott Avenue, Chelsea, London, SW3
£570 per week

Draycott Avenue, Chelsea, London, SW3

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

Shirland Road, Maida Vale, London, W9

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

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