2-bedroom flat · W2 1BF
To rentListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An eleventh floor apartment (with lift) in this sought-after development within Paddington Basin.
The property consists of a spacious living room, open plan kitchen, master bedroom with dressing area and en-suite shower room, second double bedroom with built-in wardrobes, family bathroom, and a winter garden.
Further benefits include underfloor heating, air-conditioning and 24-hour concierge.
Adjacent to the Grand Union Canal, Merchant Square is conveniently located moments from the transport and shopping amenities of Paddington.
2 Bedrooms : 2 Bathrooms : Winter Garden : Lift : 24-Hour Concierge : Modern Building : Westminster Council Tax Rating G : EPC Rating B Napier Watt Says Great building, great views, great flat..
Fees & Charges: Tenancies exceeding £100,000 Per annum £480 inc VAT, Tenancies where a company is a tenant £480 Inc VAT.
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
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Apartment 1105, 3, Merchant Square, London
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