1/8
£525,000
1 bed · 1 bath · 498 sq ft
Praed Street, London, W2
0 miles
away
Leasehold
Added on 16/09/2026 
1/10
1/10
£485,000
Guide price Flat for sale Praed Street, London, W2
0
beds 1
bath Flat
Leasehold
Added on 16/09/2026
About this property
Positioned on the first floor of Balmoral Apartments, this particularly spacious studio apartment provides approximately 604 sq ft of bright, well-proportioned accommodation, together with a private balcony. The impressive open-plan studio and kitchen extends to over 26 feet and offers ample room to create clearly defined sleeping, sitting, dining and home-working areas. Full-height glazing across two sides draws in plenty of natural light, while wood flooring provides continuity throughout the principal living space.
Key features
- Spacious first-floor studio apartment
- Approximately 604 sq ft
- Impressive 26 ft open-plan living space
- Private balcony
- Full-height windows
- Fitted open-plan kitchen
- Separate bathroom
- Comfort cooling
- Passenger lift
- 24-hour concierge
Floorplan
Price guide
This home
£803 / sq ft
Area average (sold)
£1,325 / sq ft
Price per area, sold homes nearby
£763 / sq ft
£803 / sq ft
£2,044 / sq ft
Lowest
This home
Highest
£803 per sq ft, below the middle of recent sales in W2 (£763–£2,044, 10th–90th percentile, 727 sales over 24 months).
Lowest and highest are the 10th and 90th percentiles of 727 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, London, W2, W2 1JL
- Council tax
- Band D (Approx £1,050/year)The agent has not stated the band, so band D is shown as the local reference: Westminster's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
Property price £485,000
£242k £728k
Deposit10% £49,000
£0 £485k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £436,000 mortgage. Most lenders would want a household income of about £97,000 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.
Historic sold prices nearby
HM Land Registry sales in W2 1JL. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 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 | — | — | — | £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 | — | — | — | £605,000 |
| Flat 406, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Jun 2021 | 441 sq ft £1,294/sq ft | 441 sq ft | £1,294 | £571,250 |
All sales on Praed Street → All sold prices in Westminster →
Area insights
The neighbourhood around this property.
Marketed by
Hamptons, Hyde Park and Bayswater
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