3-bedroom flat · W2 1AN
To rentListed 239 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This apartment steals the show with amazing views from its beautiful south facing balcony.
Along with this comes a stunning, spacious (912sq ft) interior designed apartment, set within the heart of the Paddington Basin and close to the popular West End Quay.
The apartment is situated on the 14th floor of this prestigious building which features concierge service, lift service and secure underground parking.
The spacious and bright apartment comprises a beautiful reception room with a new and modern fitted open plan kitchen, three large bedrooms and two bathrooms.
The apartment offers easy access to superb transport links such as Paddington Train Station (Bakerloo, Hammersmith & City, Circle, District lines and Heathrow express) and Edgware Road (Circle, District and Bakerloo lines) Water: Mains Electricity: Mains Heating: Central Heating System Mobile Phone Coverage both indoor and outdoor from all providers Broadband Coverage Standard 17mbps download and 1mbps upload Superfast 80mpbs download and 20mbps upload Ultrafast 1000mbps download and 100mpbs upload Available networks Virgin and Openreach.
The property is available to rent furnished or unfurnished. Available 3rd March 2026. Viewings highly recommended.
Westminster City Council Tax Band: G EPC rating: B Holding Deposit: £1620.00 (1 week)* Tenancy Deposit: £9720.00 (6 weeks)* City & Urban International are members of a client money protection scheme.
City & Urban International are registered members of The Property Redress Scheme.
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
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FAQ
About Flat 1408 Merchant Square, East Harbet Street, Paddington
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