3-bedroom flat · W2 1AN
To rentReduced £303 (−4.2%) on 17 OctListed 97 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 4th floor, three double bedroom, two bathroom apartment is available to let.
Set within this popular new development in Paddington Basin area which offers coffee shops and restaurants overlooking the canal and the surrounding green areas.
The apartment is over looking the canal and comprises a bright reception room with dining area and a luxury fully integrated open plan kitchen, three double bedrooms, two bathrooms (one ensuite), comfort cooling system, wood flooring and large windows overlooking the canal.
Other features include fitted cupboards, lifts, a residential porter, video entry phone system, underground parking, and CCTV. A video tour is available.
The apartment is situated on the fourth floor of this prestigious building, which features a residential concierge, 2 lifts, and secure underground parking.
The property offers easy access to transport links such as Paddington Station (Bakerloo, Hammersmith & City, Circle, District Zone 1, Heathrow Express, and National Rail) and Edgware Road Station (Circle, District, and Bakerloo Zone 1).
Available now, fully furnished and equipped or unfurnished (flexible). Pet friendly STC. No admin fees for tenants. EPC rating B. Council tax: Westminster band G.
Please contact Find My Home to arrange a viewing or request the video tour. 📞 📱 WhatsApp:
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
FAQ
About 409, 4, Merchant Square, Paddington
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