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

Blandford Street, London, W1U
£550,000

Blandford Street, London, W1U

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

Burr Close, London, E1W

Park Vista Tower, London, E1W
£600,000

Park Vista Tower, London, E1W

Merchant Court, London, E1W
£650,000

Merchant Court, London, E1W

Hyde Park Square, London, W2
£1,595,000

Hyde Park Square, London, W2

Praed Street, London, W2
£1,050,000

Praed Street, London, W2

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

Lancaster Gate, London, W2

Towerside, London, E1W
Offers in excess of £500,000

Towerside, London, E1W

Leeward Court, London, E1W
£550,000

Leeward Court, London, E1W

Ginger Apartments, London, SE1
£425,000

Ginger Apartments, London, SE1

New Crane Wharf, London, E1W
£500,000

New Crane Wharf, London, E1W

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

Vanilla & Sesame Court, London, SE1

West India Quay, London, E14
£425,000

West India Quay, London, E14

Merganser Court, London, E1W
£800,000

Merganser Court, London, E1W

Halcyon Wharf, London, E1W
£600,000

Halcyon Wharf, London, E1W

Boss House, London, SE1
£650,000

Boss House, London, SE1

Stourcliffe Street, London, W1H
£550,000

Stourcliffe Street, London, W1H

Jubilee Place, London, SW3
£900,000

Jubilee Place, London, SW3

Pont Street, London, SW1X
£1,200,000

Pont Street, London, SW1X

Halcyon Wharf, London, E1W
£600,000

Halcyon Wharf, London, E1W

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

Hyde Park Gardens, London, W2

Strathearn Place, London, W2
£625,000

Strathearn Place, London, W2

Harrow Road, London, W9
£600,000

Harrow Road, London, W9

Rampart Street, London, E1
£550,000

Rampart Street, London, E1

Overstone Road, London, W6
£400,000

Overstone Road, London, W6

Hermitage Court, London, E1W
£625,000

Hermitage Court, London, E1W

Butlers & Colonial Wharf, London, SE1
£700,000

Butlers & Colonial Wharf, London, SE1

Upper Berkeley Street, London, W1H
£399,995

Upper Berkeley Street, London, W1H

Paultons House, London, SW3
offersOver £699,000

Paultons House, London, SW3

Tamarind Court, London, SE1
£850,000

Tamarind Court, London, SE1

Ovington Square, London, SW3
£715,000

Ovington Square, London, SW3

Vogans Mill Wharf, London, SE1
£750,000

Vogans Mill Wharf, London, SE1

The Quadrangle, London, W2
£899,950

The Quadrangle, London, W2

Mansfield Street, London, W1G
£1,650,000

Mansfield Street, London, W1G

Forset Court, London, W2
£450,000

Forset Court, London, W2

Porchester Square, London, W2
£735,000

Porchester Square, London, W2

Gloucester Terrace, London, W2
£980,000

Gloucester Terrace, London, W2

Southwick Street, London, W2
£575,000

Southwick Street, London, W2

Edgware Road, London, W2
£295,000

Edgware Road, London, W2

River View Heights, London, SE16
£750,000

River View Heights, London, SE16

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

Conquest Tower, London, SE1

Cinnabar Wharf Central, London, E1W
£700,000

Cinnabar Wharf Central, London, E1W

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

Capital Wharf, London, E1W

Thames Heights, London, SE1
£575,000

Thames Heights, London, SE1

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

Hyde Park Gardens, London, W2

St Hildas Wharf, London, E1W
£900,000

St Hildas Wharf, London, E1W

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

Eagle Wharf Court, London, SE1

Cinnamon Wharf, London, SE1
£475,000

Cinnamon Wharf, London, SE1

Mission Point, London, SE16
£600,000

Mission Point, London, SE16

Walker House, London, SE1
£525,000

Walker House, London, SE1

Compass House, London, E1W
£430,000

Compass House, London, E1W

Merchant Court, London, E1W
£650,000

Merchant Court, London, E1W

Fennel Apartments, London, SE1
£850,000

Fennel Apartments, London, SE1

Daventry Street, London, NW1
£500,000

Daventry Street, London, NW1

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

Seymour Street, London, W1H

The Circle, London, SE1
£650,000

The Circle, London, SE1

Walker House, London, SE1
£435,000

Walker House, London, SE1

Harrowby Street, London, W1H
£405,000

Harrowby Street, London, W1H

Caraway Apartments, London, SE1
£485,000

Caraway Apartments, London, SE1

Free Trade Wharf, London, E1W
£450,000

Free Trade Wharf, London, E1W

Caraway Apartments, London, SE1
£600,000

Caraway Apartments, London, SE1

River View Heights, London, SE16
£685,000

River View Heights, London, SE16

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

Vanilla & Sesame Court, London, SE1

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

Butlers & Colonial Wharf, London, SE1

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

Butlers Wharf Building, 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

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

Park Street, London, SE1
£2,250,000

Park Street, London, SE1

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

Harrowby Street, London, W1H
£420,000

Harrowby Street, London, W1H

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

3 Ovington Square, London, SW3
£675,000

3 Ovington Square, London, SW3

Cinnamon Wharf, London, SE1
£550,000

Cinnamon Wharf, London, SE1

Quadrangle Tower, London, W2
£625,000

Quadrangle Tower, London, W2

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

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

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

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

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

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

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

Book House, London, EC1V

Porchester Place, London, W2
£625,000

Porchester Place, London, W2

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

Bryanston Square, Marylebone, London, W1H
£1,650 per week

Bryanston Square, Marylebone, London, W1H

Royal Street, Waterloo, London, SE1
£577 per week

Royal Street, Waterloo, London, SE1

Seymour Place, Marylebone, London, W1H
£1,075 per week

Seymour Place, Marylebone, London, W1H

Montagu Place, Hyde Park, London, W1H
£865 per week

Montagu Place, Hyde Park, London, W1H

Holloway Road, Islington, London, N7
£460 per week

Holloway Road, Islington, London, N7

Monnery Road, Islington, London, N19
£622 per week

Monnery Road, Islington, London, N19

Holloway Road, Islington, London, N19
£576 per week

Holloway Road, Islington, London, N19

Gloucester Place, Marylebone, Marylebone, W1U
£1,107 per week

Gloucester Place, Marylebone, Marylebone, W1U

Edgar Road, Bow, London, E3
£358 per week

Edgar Road, Bow, London, E3

Royal Street, Waterloo, London, SE1
£427 per week

Royal Street, Waterloo, London, SE1

Wyndham Place, Marylebone, London, W1H
£1,269 per week

Wyndham Place, Marylebone, London, W1H

Cayenne Court, Shad Thames, London, SE1
£588 per week

Cayenne Court, Shad Thames, London, SE1

Royal Street, Waterloo, London, SE1
£531 per week

Royal Street, Waterloo, London, SE1

Shad Thames, London, SE16
£750 per week

Shad Thames, London, SE16

Mill Street, Shad Thames, London, SE1
£658 per week

Mill Street, Shad Thames, London, SE1

Montagu Street, Marylebone, London, W1H
£1,384 per week

Montagu Street, Marylebone, London, W1H

Boss House, Tower Bridge, London, SE1
£831 per week

Boss House, Tower Bridge, London, SE1

Fulham Road, South Kensington, London, SW3
£1,175 per week

Fulham Road, South Kensington, London, SW3

New Quebec Street, Marylebone, London, W1H
£750 per week

New Quebec Street, Marylebone, London, W1H

Odessa Street, Rotherhithe, London, SE16
£577 per week

Odessa Street, Rotherhithe, London, SE16

Nell Gwynn House, Chelsea, London, SW3
£650 per week

Nell Gwynn House, Chelsea, London, SW3

Mill Street, Shad Thames, London, SE1
£877 per week

Mill Street, Shad Thames, London, SE1

Marina Heights, Wapping, London, E14
£600 per week

Marina Heights, Wapping, London, E14

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

145 Fulham Road, South Kensington, London, SW3

2 Hemming Street, Whitechapel, London, E1
£565 per week

2 Hemming Street, Whitechapel, London, E1

Royal Street, Waterloo, London, SE1
£531 per week

Royal Street, Waterloo, London, SE1

Tufnell Park Road, Islington, London, N7
£508 per week

Tufnell Park Road, Islington, London, N7

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

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

Shepherds Bush Road, Brook Green, London, W6

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

Tarling Street, Whitechapel, London, E1

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

Meridian Court, Shad Thames, London, SE16

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

Hill Street, Mayfair, London, W1J

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

Wapping Lane, Wapping, London, E1W

Rose Court, Islington, London, N1
£1,004 per week

Rose Court, Islington, London, N1

Parr Street, London, N1
£692 per week

Parr Street, London, N1

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

Caledonian Road, Kings Cross, London, N1

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
£1,310 per week

Rainville Road, London, W6

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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