3-bedroom flat · W2 1AS
To rentListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well appointed, south facing, three double bedroom apartment situated on the seventh floor of this popular development within the Paddington Basin, overlooking the Grand Union Canal.
The apartment has an open plan kitchen/ reception room with wooden floors, three double bedrooms and two bathrooms (one of which is en suite).
The building has a concierge and secure underground parking. The apartment is located in one of W2’s most admired address which features concierge, lift service, and secure underground parking.
The flat offers easy access to superb transport links such as Paddington Train Station (Elizabeth, Bakerloo, Hammersmith & City, Circle, District lines and Heathrow Express) Edgware Road (Circle, District and Bakerloo lines).
The owner and managing agent of this property ensures that all our tenants’ benefit from a dedicated building manager who is on hand to assist with any property related issues.
There is a dedicated team of maintenance experts and provide a 24-hour emergency helpline.
Holding Deposit= £1,695.00 (1 week’s rent- this is taken off the total security deposit) Security Deposit= £5,650.00 (1 calendar month’s rent, less holding deposit) Monthly Rent= £7,345.00 Council Tax band- G EPC rating: B
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
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 709 Merchant Square, Merchant Square East, London
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