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2 bed flat for sale Praed Street, London, W2

Asking price
£700,000
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Added on 16/09/2026

Type
Flat
Bedrooms
2
Bathrooms
2
Size
£1,049 per sq ft
Tenure
Leasehold
EPC Energy rating band B 85

Key features

  • Modern Development
  • 24-Hour Concierge
  • Residents Lifts
  • Eighth Floor
  • Open Plan Living / Reception Room
  • Two Bedrooms
  • Two Bathrooms
  • Comfort Cooling
  • Secure Underground Parking

About this property

A two bedroom apartment on the eighth floor of this prestigious waterside development forming part of Paddington Basin.

A renovated two bedroom, two bathroom apartment on the eighth floor of this prestigious waterside development forming part of Paddington Basin.

The accommodation is formed of entrance hall, open plan reception room with a Juliet balcony offering far stretching views over London, fitted modern kitchen area, principal bedroom with balcony and en suite bathroom, second bedroom with balcony and guest shower room.

Floorplan

Energy performance

Energy rating band B 85
Current
Potential
92+
A
81-91
B
Current rating: 85 B
Potential rating: 85 B
69-80
C
55-68
D
39-54
E
21-38
F
1-20
G

This home is rated band B, scoring 85 out of 100. The average British home is band D.

Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.

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

100 comparables · within 0.4 miles

Cheaper than 67% of the 2-bed flats for sale nearby right now.

This home, £700,000 Median £825,000 · £597,500 – £1,328,850
Per square foot
£1,049 In line
2-bed flats nearby £1,051
Against sold prices
10% under
W2 sold median £1,170 / sq ft, 737 sales

Compared with 100 2-bed flats for sale within 0.4 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in W2 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in W2 →

Location

Praed Street, London, W2

Mortgage and stamp duty

Property price £700,000
£350k £1.1m
Deposit10% £70,000
£0 £700k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £630,000 mortgage. Most lenders would want a household income of about £140,000 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.

AddressSoldSizePrice
Flat 713, Balmoral Apartments, 2, Praed Street Flat / maisonetteMar 2025463 sq ft £1,404/sq ft£650,000
Flat 1108, Balmoral Apartments, 2, Praed Street Flat / maisonetteFeb 2025388 sq ft £1,381/sq ft£535,000
Flat 1206, Balmoral Apartments, 2, Praed Street Flat / maisonetteJan 20221,033 sq ft £1,694/sq ft£1,750,000
Flat 812, Balmoral Apartments, 2, Praed Street Flat / maisonetteDec 2021452 sq ft £1,416/sq ft£640,000
Flat 811, Balmoral Apartments, 2, Praed Street Flat / maisonetteMar 2021n/a£1,500,000
Flat 1105, Balmoral Apartments, 2, Praed Street Flat / maisonetteOct 2020581 sq ft £1,376/sq ft£800,000
Flat 1112, Balmoral Apartments, 2, Praed Street Flat / maisonetteDec 20191,163 sq ft £1,806/sq ft£2,100,000
Flat 1110, Balmoral Apartments, 2, Praed Street Flat / maisonetteAug 2018441 sq ft £1,473/sq ft£650,000

All sales on Praed Street → All sold prices in Westminster →

Area insights

The neighbourhood around this property.

Marketed by
Hamptons, Hyde Park and Bayswater
4C, Praed Street, London, Greater London
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