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See how verdicts work2-bedroom flat
For saleReduced £50k (−5.9%) on 21 JunListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the third floor, this impressive apartment extends to 1,222 square feet of beautifully proportioned living and entertaining space.
The generous reception room showcases exposed brickwork and cast iron beams, with views overlooking Wapping Wall-a charming cobbled street that retains much of the area's historic dockland character.
The reception flows seamlessly into a modern, fully fitted kitchen enjoying the same aspect. Both bedrooms overlook a tranquil private courtyard.
The principal bedroom is particularly spacious, incorporating a dressing area, fitted wardrobes, and an en-suite shower room.
The well-proportioned second bedroom offers excellent built-in storage and ample space to accommodate a study area alongside comfortable guest accommodation.
A family bathroom and separate airing and storage cupboards are conveniently positioned off the welcoming entrance hallway, which features double doors that open dramatically into the impressive reception room.
Merchant Court is a picturesque warehouse conversion set on the Banks of The River Thames and adjacent The Thames River Path, equidistant to both Canary Wharf and The City.
The building offers secure underground car parking, daytime porter, and has access to a glorious South facing communal Riverside terrace with views towards Canary Wharf.
A number of Riverside Pubs & Restaurants can be found close by, and an Easterly walk along The Thames Path leads to the yacht haven, St Katharine Docks, Tower Bridge and The Tower Of London.
Transport links can be found at Wapping Station (0.3mi) allowing easy access both London overground and underground services.
Share of Freehold (970 Years remaining), EPC: C, Council tax band: F, Ground rent: £0 To check broadband and mobile phone coverage please visit Ofcom here
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
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