2-bedroom flat · W2 1AP
Let agreedListed 70 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Find My Home presents a fiftinth floor, internal designed, two double bedroom, two bathroom apartment to let.
The property is set within this popular newly built development in the Paddington Basin area which offers coffee shops and restaurants overlooking the canal and the surrounding green areas.
The gross internal area is approximately 721 square feet / 67 square metres.
The apartment comprises a bright reception room with dining area and a fully integrated kitchen, two double bedrooms with fitted cupboards, two bathrooms (one ensuite), a comfort cooling system, wood flooring, and large windows.
Other features include lifts, a residential porter, a video entry phone system, underground parking, and CCTV. A video tour is available.
Merchant Square is a prime location, a short walk away from Edgware Road Underground Station (Circle, Bakerloo, District, and Hammersmith & City Zone 1), Paddington Station (Elizabeth, Hammersmith & City, District, Circle and Bakerloo lines Zone 1, National Rail and Heathrow Express) and a short drive from the local shops and amenities of Central London.
Availablefrom the 16th of September and offered fully furnished and equipped or unfurnished (flexible). EPC rating B. Pet friendly STC. Council tax: Westminster band F. No admin fees for tenants.
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 1509, 4b, Merchant Square, Paddington
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