How much is 2, Merino Gardens, London?

The asking price is £1,590,000.

2, Merino Gardens, London

2-bedroom flat

1,130 sq ft2 bathsBalcony · Central heating · Double glazing

Asking

£1,590,000

For saleListed 462 days

Investor metrics

HMO Article 4 Direction AreaHMOs · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

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About

The property

A stunning two-bedroom two two-bathroom apartment for sale in 2 Merino Gardens part of the famous London Dock Development.

Two good-sized bedrooms Large living room Bespoke kitchen with integrated Miele appliances Beautiful bathroom Ensuite Balcony offers great view Cooling Excellent Amenities: The residents-only indoor swimming pool features a jacuzzi, elegant loungers, and a skylit ceiling.

24 hours concierge Golfing Suite Private Screenroom Gym London Dock is moments from the iconic landmarks of Tower Bridge, the Tower of London, St Katharine Docks, and the bustling city The transport link is excellent: Tower Hill underground station is ready to take you into the West End and beyond, whilst Wapping overground is connecting you to East London delights and the Canary Wharf business district.

London City Airport is only a short journey by train.

Key information

Price per Square Foot

£1,407/sq ft

Based on 1,130 sq ft (105 sq m)

Floor Area

1,130 sq ft (105 sq m)

Reception Rooms

Tenure

Leasehold (999 years)

Heating

Central Heating

Local Authority

Tower Hamlets London Boro

London Borough

County

Greater London Authority

Property features

Balcony
Central heating
Double glazing
Wood floors
24 hours concierge
Gym
Swimming pool
Private screen room
Golfing suite
Tenure: Leasehold

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

Set an offer; the calculator follows it.

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

We're still gathering serviced-accommodation data for this area.

Archie refurb estimate: a Pro feature

Model an offerFeeds your report · not a commitment

0.0% below asking

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BTL · HMO · BRRR · SA · Flip — editable, saved scenarios

Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios

Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market462 days · price-fatigue

25/25

—

Seller motivation

Not scored yet

Days on market462

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £1,590,00015-07-2025

Still activeDay 462 on marketToday

Strategy fit

No strategy scores available yet.

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.