Flat 1, The Merchant Building, 38 Wharf Road, London, N1 7GS

HP Score
- Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Strong fundamentals; flood risk not assessed
Verdict
Derived from HomePortfolio scores
Flat 1 earns an INVESTIGATE rating with HP Score 88/100. Investment score 73/100 reflects strong fundamentals. Crime intensity is very low. Walkability is excellent (92/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.
Valuation & Market
Risk Overview
- Flood RiskUnknown
- SubsidenceSignificant
- RadonLow
- MiningUnknown
- LandslideLow
- Air QualityLow
- NoiseLow
Planning Activity
- PendingP2026/2909/LBCStructural remediation of the rear closet wing: taking down and rebuilding of the first floor east flank and south end walls, and rebuilding of the ground floor walls in solid brickwork [Full planning applcation reference P2026/2908/FUL also submitted]
- PendingP2026/2908/FULStructural remediation of the rear closet wing: taking down and rebuilding of the first floor east flank and south end walls, and rebuilding of the ground floor walls in solid brickwork [Listed Building Consent reference P2026/2909/LBC also submitted].
- ApprovedP2026/2907/TRET1: Robinia (Robinia pseudoacacia) - Reduce the overall crown height and lateral spread by approximately 2 metres, selectively pruning back to suitable live growth points. Carefully reshape and balance the remaining canopy to achieve a uniform, well-proportioned finish, retaining healthy furnishing growth on all aspects of the crown. Particular care is to be taken to maintain the tree's natural character and established branch structure, avoiding excessive pruning or unnecessary internal thinning. Reason for works: General tree maintenance, allowing more light into the property.
Ownership
- Corporate Ownership43.2%
- Overseas OwnershipNo
- Lease Term Remaining999+ yrs
- CovenantsRestrictive
- Lease TypeLeasehold
- Last Ownership Change2022-10-14
- SourceLand Registry
Connectivity
Area Profile
Schools Nearby
- Hanover Primary School0.1 miGoodConcerns
- The ArtsXchange0.1 miGoodConcerns
- Thomas Fairchild Community School0.3 miGood
- Richard Cloudesley School0.3 miOutstanding
2 of 11 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.
Comparables
- The Merchant Building, 38 Wharf Road-£1.00M-
- The Merchant Building, 38 Wharf Road-£500k-
- The Merchant Building, 38 Wharf Road-£770k-
- The Merchant Building, 38 Wharf Road-£995k-