1-bedroom flat · SE10 9LX
For saleListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering an impressive 950+ sq.
Ft of accommodation, this truly exceptional one bedroom apartment is set within the highly regarded riverside Merchants House development, moments from the River Thames.
The property offers substantial living space, secure gated parking and is being sold with no onward chain.
The apartment comprises a remarkable 32-foot dual-aspect reception room, providing an abundance of natural light and excellent flexibility for both living and dining.
The reception space incorporates a modern kitchen area and benefits from direct access to a large private terrace and additional balcony, creating an excellent setting for entertaining or relaxing.
The generous double bedroom features a well-appointed en suite bathroom, while a separate WC is conveniently located off the entrance hall.
Further benefits include EWS1 compliance, secure underground parking and a residents’ concierge service, adding to the convenience and appeal of this superb riverside home.
The location is ideal for commuters, with Maze Hill Mainline Station close by, providing direct services to London Bridge, Cannon Street and Thameslink routes.
Cutty Sark DLR is also within walking distance, offering convenient connections towards Canary Wharf and the City.
The apartment is perfectly placed for enjoying all that Maritime Greenwich has to offer, with an excellent selection of independent cafés, bars, restaurants and local shops nearby, alongside historic attractions, the River Thames and the open spaces of Royal Greenwich Park.
A rare opportunity to acquire an exceptionally spacious one bedroom apartment in a sought-after riverside development.
Leasehold Lease Length: 998 years 262 days from 1st May 2002 Ground Rent: £150 pa Service Charge: £4,713 pa Greenwich Council - Tax Band: C Energy Efficiency Rating: D
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
About 1, Merchants House, Greenwich
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