3-bedroom flat · W2 1AZ
No longer listedListed 62 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stylish Three-Bedroom Apartment with Canal Views in Paddington Basin, London W2.
Set on the fifth floor of a prestigious waterside development, this stylish apartment spans 942 sq ft and has been interior designed to a high standard.
With superb south-facing views over the Grand Union Canal, it combines elegant finishes with comfortable modern living.
The property comprises a generous reception room with large windows, a fully fitted open-plan kitchen with integrated appliances, three bedrooms, a family bathroom, a guest cloakroom and excellent storage.
Tenants benefit from a concierge service, secure underground parking, lift access, CCTV security, porter and video entry.
Further advantages include superfast broadband, on-site shops, pet-friendly living and the support of a dedicated building manager.
A 24-hour emergency helpline and professional maintenance team ensure peace of mind.
Ideally located for connectivity and lifestyle, the apartment is within walking distance of Paddington Station (Elizabeth Line, Heathrow Express, Bakerloo, Hammersmith & City, Circle and District lines) and Edgware Road Station (Circle, District and Bakerloo lines).
The local area offers cafés, restaurants and shops, while the West End’s parks and entertainment are close by.
Features TV En-suite Secure Car parking Open Plan Lounge Video Door Entry Concierge services Property Size (sqft): 942 Pet Friendly Reference number: 12266_ISL204367.
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 Flat 509, 4B Merchant Square, Paddington
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