1-bedroom flat · W2 1AZ
For saleReduced £35k (−4.8%) on 22 MayListed 585 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set on the 7th floor (with lift) of a prestigious modern development, this modern apartment extends to 579 sq ft (53.8 sq m).
Accommodation is formed of entrance hallway, reception room with open plan kitchen (with Miele appliances) and access to the private balcony.
The dual aspect bedroom has fitted storage, and there is a luxurious family bathroom.
Further benefits include ample fitted storage, comfort cooling and residents' amenities including lounge, roof terrace, cinema, treatment rooms and business suite. Situation No.
3 Merchant Square is one of the most desirable buildings within the Paddington Basin.
Nearby transport links include Edgware Road (Circle, District and Bakerloo lines), Paddington Station (Elizabeth, Bakerloo, Hammersmith & City, Circle, District lines, National Rail and Heathrow Express) and Lancaster Gate and Marble Arch (Central line).
Property Ref Number: HAM-56233
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
Agent & docs
FAQ
About Merchant Square, London, W2
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