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
For saleListed 276 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Superbly situated in the prestigious London Dock development, moments from excellent transport links and an array of vibrant amenities, this stunning two bedroom apartment with private balcony, parking space and no onward chain.
The property provides bright and spacious accommodation with stylish interiors and high spec finish throughout.
Features include a fantastic open plan reception/kitchen flooded with natural light, two bath/shower rooms (one en-suite), district heating, full height double glazed windows and quality floor coverings.
The development itself, boasts luxury facilities including a residents swimming pool, gym, sauna and steam room, in addition to virtual golf, squash court, and a treatment room.
A stylish residents lounge provides the location for 24 hour concierge service.
Accommodation comprises entrance hallway with inbuilt storage and utility cupboard, leading into the open plan reception/kitchen with ample space for relaxing, entertaining and dining, and door onto the private balcony with breath-taking views.
The kitchen area comprises a sleek range of matching white fronted wall and base units with work surfaces incorporating inset sink unit, induction hob with overhead extractor and electric oven below, and further integrated appliances.
There are two well sized bedrooms, with inbuilt wardrobes and en-suite shower to the principal bedroom, plus a family bathroom.
The property is conveniently located within a short distance of Tower Hill, Tower Gateway, Shadwell and Wapping stations, all providing exceptional cross-London connections, as well as numerous regular bus routes linking the surrounding area.
There are a wide variety of stylish shops, cafes, bars and restaurants on the doorstep, with further amenities at nearby St Katharine Docks.
To book a viewing instantly just visit our website or download our award-winning App.
Property Ownership Information Tenure Leasehold Council Tax Band F Annual Ground Rent No ground rent Ground Rent Review Period No review period Annual Service Charge No service charge Service Charge Review Period No review period Lease End Date 12/07/2988 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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
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.
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FAQ
About 1 Merino Gardens, London
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