1/8
£1,300,000
3 beds · 2 baths · 1,197 sq ft
Praed Street, London, W2
0 miles
away
Leasehold
Added on 16/09/2026 
1/9
1/9
£525,000
Asking price 1 bed flat for sale Praed Street, London, W2
1
bed 1
bath Flat
Leasehold
Added on 16/09/2026
About this property
A luxury one bedroom apartment situated on the seventh floor (with lift) of this popular portered building in Paddington Basin with 24 hour concierge, secure underground parking space and long lease. This 498 sq ft (46 sq m) one bedroom apartment offers striking canal views from the seventh floor. Accommodation is formed of entrance hallway, open plan kitchen / reception room, bathroom and bedroom with fitted storage.
Key features
- Secure Underground Parking Space
- Modern Portered Building
- Stunning Canal Views
- Seventh Floor)
- Open Plan Kitchen / Reception Room
- Comfort Cooling
- Bright Westerly Aspect
- 24 hr Concierge
- Long Lease
- 498 sq ft (46 sq m)
Floorplan
Price guide
This home
£1,054 / sq ft
Area average (sold)
£1,325 / sq ft
Price per area, sold homes nearby
£763 / sq ft
£1,054 / sq ft
£2,044 / sq ft
Lowest
This home
Highest
£1,054 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 1JN
- 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 £525,000
£262k £788k
Deposit10% £53,000
£0 £525k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £472,000 mortgage. Most lenders would want a household income of about £105,000 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 1JN. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Flat 713, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Mar 2025 | 463 sq ft £1,404/sq ft | 463 sq ft | £1,404 | £650,000 |
| Flat 1108, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Feb 2025 | 388 sq ft £1,381/sq ft | 388 sq ft | £1,381 | £535,000 |
| Flat 1206, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Jan 2022 | 1,033 sq ft £1,694/sq ft | 1,033 sq ft | £1,694 | £1,750,000 |
| Flat 812, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Dec 2021 | 452 sq ft £1,416/sq ft | 452 sq ft | £1,416 | £640,000 |
| Flat 811, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Mar 2021 | — | — | — | £1,500,000 |
| Flat 1105, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Oct 2020 | 581 sq ft £1,376/sq ft | 581 sq ft | £1,376 | £800,000 |
| Flat 1112, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Dec 2019 | 1,163 sq ft £1,806/sq ft | 1,163 sq ft | £1,806 | £2,100,000 |
| Flat 1110, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Aug 2018 | 441 sq ft £1,473/sq ft | 441 sq ft | £1,473 | £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
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