1-bedroom flat · E3 4PZ
To rentListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hammonds are delighted to present this charming one bedroom apartment set on Merchant Street, just off of the main Bow Road.
Excellent Transport Links With Bow Road underground just two minutes from the property and a plethora of bus services all across London in the surrounding vicinity this property is unbeatably connected to The City Modern Apartment This apartment features modern finishes and is spacious throughout with ample storage and living space.
Call To View Information On Charges As of June 1st 2019, in line with new legislation, we will no longer be charging administrative/agency fees.
Detailed below are the charges you may incur going forward, with details therein.
Please get in touch with a member of our team ( // to discuss any questions you may have Rent Deposit at five weeks rent, submitted into and held in protected scheme Holding deposit of no more than one weeks rent Direct costs plus 15% for replacement of keys and fobs Late charges, following arrear period of 14 days or more, of £25 per week Tenancy changeover charge, including change of tenant, at £50 Direct costs for any maintenance required to return property to pre-tenancy standard that exceeds damage deposit sum
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
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FAQ
About 13 Maha Building, Merchant Street, London
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