2-bedroom detached house
For saleListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sixth floor apartment with beautiful high ceilings and wooden beams.
Description This former warehouse comprises open plan living over one floor with double height ceilings in the reception room, wooden beams and exposed brickwork.
To the side of the apartment you will find a neat, fully fitted kitchen with a gas hob/cooker, an integrated dishwasher and freestanding smeg fridge-freezer.
The apartment is located on the top (6th) floor and provides North-West facing views of the City, Shard and Tower Bridge.
Further along the hallway you will find a walk in shower room and W/C and plenty of storage space. Two bedrooms can be located to the rear of the property with fitted wardrobe space.
The principal bedroom offers an en suite shower room. The property includes secure parking, a communal courtyard terrace overlooking the River Thames and on site daytime porter.
Please note: The Building Safety Fund application for the development has been approved.
The final remediation works are still pending, but it has been confirmed that payment will come from the government fund, not from the leaseholders.
An update on the completion of the works will be provided in due course. Location Merchant Court is ideally located along the cobbled streets of Wapping Wall, near to the Prospect of Whitby.
Amenities are available throughout Wapping including a Waitrose, Sainsbury's, pharmacy, bakery, dry cleaners and range of riverside pubs and restaurants.
Transport links are available from Wapping Station within approximately 0.3mi, providing easy access to Canary Wharf, The City and West End.
The 100 and D3 bus routes are on your doorstep of the property also. Square Footage: 860 sq ft
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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