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Flat for sale Praed Street, Paddington, W2

Asking price

£529,995

Added on 26/09/2026

Type: Flat
Bathrooms: 1
Size: £946 per sq ft
Tenure: Ask agent

Key features

Studio
1st Floor
Fully Fitted Kitchen
Comfort Cooling System
Lift Access
24 Hour Concierge
Nearest stations: Edgware Road & Paddington
554 Approx sq ft

About this property

Introducing a spacious studio apartment situated in the very popular Balmoral block in Paddington Basin. This contemporary apartment offers a fully integrated kitchen, a generously proportioned bathroom and a comfort cooling system for your convenient.

Residents of this development can take advantage of a 24-hour concierge service and a wide range of local amenities, including restaurants and shops.

Floorplan

Council tax

Ask agent

Per year

Band A

£700
Band B

£816
Band C

£933
Band D

£1,050
Band E

£1,283
Band F

£1,516
Band G

£1,749
Band H

£2,099

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Westminster, 2026/27 bills run from £700 a year in band A to £2,099 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Westminster, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

This home

£946 / sq ft

Area average (sold)

£1,310 / sq ft

Price per area, sold homes nearby

£750 / sq ft

£946 / sq ft

£1,981 / sq ft

Lowest

This home

Highest

£946 per sq ft, below the middle of recent sales in W2 (£750–£1,981, 10th–90th percentile, 737 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 737 homes sold in W2 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in W2 →

Location

Praed Street, Paddington, W2

Open map Street View

Mortgage and stamp duty

Property price £529,995

£264k £795k

Deposit10% £53,000

£0 £530k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £476,995 mortgage. Most lenders would want a household income of about £106,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 102, Balmoral Apartments, 2, Praed Street Flat / maisonette	Flat / maisonette	Jul 2026	1,023 sq ft £782/sq ft	1,023 sq ft	£782	£800,000
Flat 404, Balmoral Apartments, 2, Praed Street Flat / maisonette	Flat / maisonette	Jun 2026	463 sq ft £1,080/sq ft	463 sq ft	£1,080	£500,000
Flat 410, Balmoral Apartments, 2, Praed Street Flat / maisonette	Flat / maisonette	Apr 2026	764 sq ft £1,021/sq ft	764 sq ft	£1,021	£780,000
Flat 4, Balmoral Apartments, 2, Praed Street Flat / maisonette	Flat / maisonette	Oct 2024	n/a	n/a	n/a	£600,000
Flat 206, Balmoral Apartments, 2, Praed Street Flat / maisonette	Flat / maisonette	May 2023	969 sq ft £1,135/sq ft	969 sq ft	£1,135	£1,100,000
Flat 113, Balmoral Apartments, 2, Praed Street Flat / maisonette	Flat / maisonette	Mar 2023	1,216 sq ft £1,398/sq ft	1,216 sq ft	£1,398	£1,700,000
Flat 110, Balmoral Apartments, 2, Praed Street Flat / maisonette	Flat / maisonette	Sept 2022	463 sq ft £1,275/sq ft	463 sq ft	£1,275	£590,000
Flat 313, Balmoral Apartments, 2, Praed Street Flat / maisonette	Flat / maisonette	Jul 2022	560 sq ft £1,081/sq ft	560 sq ft	£1,081	£605,000