2-bedroom flat
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two double bedroom apartment situated on the fourth floor of the sought-after Paddington Exchange development, offering approximately 900 sq ft of well-proportioned lateral living space.
The property comprises a generous open-plan kitchen and reception room, two spacious double bedrooms with fitted wardrobes, two contemporary bathrooms (one en-suite) and a private balcony, ideal for enjoying some outdoor space.
The apartment benefits from neutral décor throughout, a combination of hardwood flooring and soft carpeting, and ample built-in storage.
Residents also enjoy the convenience of a 24-hour concierge service and lift access, while secure underground parking is available by separate negotiation.
Ideally located within easy reach of Paddington and Edgware Road stations, the property is perfectly positioned for excellent transport connections and a wide range of local amenities.
Offered furnished and available immediately, this apartment presents an excellent opportunity to enjoy spacious, well-appointed living in a popular central London development.
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Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Hermitage Street, London
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