We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · W2 1AP
For saleReduced £31.2k (−3.1%) on 15 SepListed 558 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exceptionally bright two bedroom upper floor apartment in this latest phase of Paddington Basin.
Located on the tenth floor (with lifts) with south and west aspect, the accommodation comprises the reception room, open plan kitchen, master bedroom with en-suite, second bedroom and a shower room.
Additional features include 24 hour concierge, comfort cooling and secure underground parking Situation 4 Merchant Square was completed in 2010, and is a popular building with porter in Paddington Basin.
Nearby transport links include Edgware Road (Circle, District and Bakerloo lines), Paddington Station (Elizabeth, Bakerloo, Hammersmith & City, Circle, District lines, National Rail and Heathrow Express).
Property Ref Number: Ham-50646
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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 advisers before making any investment decisions.
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
.png){kind=logo}
FAQ
About Apartment 1003, 4, Merchant Square East, London
Explore nearby
