How much is Merriam Close, London?

No floorplan from the agent

Merriam Close, London

2-bedroom flat

1 bath

Asking

£440,000

For saleListed 2 days

Investor metrics

HMO Article 4 Direction AreaOther Article 4 Direction Area, London Borough of Waltham Forest city-wide Article 4 (HMO) · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

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About

The property

***new instruction, must be viewed *** to arrange A viewing please call our offices 7AM to 11PM, 7 days A week.

Modern 2 bedroom apartment - ideal for first time buyers/professional couples, not to be missed, spacious accommodation.

Entrance hall, open plan living room / diner / kitchen, balcony seating area, 2 good size bedrooms and modern family bathroom.

Secure entry, clean & tidy communal areas, allocated parking, popular location close to numerous local amenities including shops, schools and transport links.

*** Why you will love this property *** - Energy Performance Rating: B - Open plan living - Well presented - Modern bathroom - Dedicated parking - Secure development - Transport links via A406 and A112.

Amenities Chingford features retail shopping along Station Road and the High Street, supported by major supermarkets including Tesco, Sainsbury's, and Morrisons.

Healthcare services are anchored by local medical practices throughout the area, with comprehensive acute and emergency care available nearby at Whipps Cross University Hospital.

Educational institutions include Chingford Foundation School, Heathcote School, and Sewardstone Primary School.

Features Features include Epping Forest, Queen Elizabeth's Hunting Lodge, and Ridgeway Park. Transport Rail services run via Chingford railway station, with road access via the A406 and A112.

Viewing highly recommended, view early to avoid disappointment. Independent mortgage advice available if required, we look forward to hearing from you.

Key information

Reception rooms

Council tax band

Band D

Estimated ~£1,800/year

Local authority

Waltham Forest

London Borough

County

Greater London Authority

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

Set an offer; the calculator follows it.

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

We're still gathering serviced-accommodation data for this area.

Archie refurb estimate: a Pro feature

Model an offerFeeds your report · not a commitment

0.0% below asking

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BTL · HMO · BRRR · SA · Flip — editable, saved scenarios

Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios

Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market2 days

4/25

—

Seller motivation

Not scored yet

Days on market2

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £440,00021 Oct 2026

Still activeDay 2 on marketToday

Strategy fit

No strategy scores available yet.

Article 4HMO Article 4 applies

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.