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1 bed flat for sale Praed Street, London, W2

Asking price

£699,000

Added on 26/09/2026

Type: Flat
Bedrooms: 1
Bathrooms: 1
Size: £1,347 per sq ft
Tenure: Ask agent

Key features

One Bedroom One Bathroom
520 sq ft
4th Floor
Balcony
Canal Facing
24 Hour Concierge
Allocated Parking Space

About this property

Situated on the 4th floor is this bright, canal facing one bedroom apartment with a balcony. Compromising of an open plan kitchen/reception smartly divided by an island /breakfast bar, modern bathroom and a spacious bedroom with fitted wardrobes.

Peninsula Apartments, West End Quay is a popular development in the Paddington basin that boasts a 24 hr concierge. It is well located for a range of amenities including niche restaurants, bars and retail shops. Paddington station (Circle, Hammersmith & City, Elizabeth Line, National Rail and Heathrow Express) is a short walk away.

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

100 comparables · within 0.4 miles

Priced above 82% of the 1-bed flats for sale nearby right now.

This home, £699,000 Median £550,000 · £399,500 – £788,200

Per square foot

£1,347 28% over

1-bed flats nearby £1,048

Against sold prices

15% over

W2 sold median £1,170 / sq ft, 737 sales

Compared with 100 1-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

Open map Street View

Mortgage and stamp duty

Property price £699,000

£349k £1m

Deposit10% £70,000

£0 £699k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £629,000 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.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 214, Peninsula Apartments, 4, Praed Street Flat / maisonette	Flat / maisonette	Apr 2026	850 sq ft £988/sq ft	850 sq ft	£988	£840,000
Flat 110, Peninsula Apartments, 4, Praed Street Flat / maisonette	Flat / maisonette	Apr 2026	527 sq ft £1,071/sq ft	527 sq ft	£1,071	£565,000
Flat 419, Peninsula Apartments, 4, Praed Street Flat / maisonette	Flat / maisonette	Jun 2025	936 sq ft £1,335/sq ft	936 sq ft	£1,335	£1,250,000
Flat 218, Peninsula Apartments, 4, Praed Street Flat / maisonette	Flat / maisonette	Sept 2024	753 sq ft £1,194/sq ft	753 sq ft	£1,194	£900,000
Flat 410, Peninsula Apartments, 4, Praed Street Flat / maisonette	Flat / maisonette	Aug 2024	452 sq ft £1,194/sq ft	452 sq ft	£1,194	£540,000
Flat 210, Peninsula Apartments, 4, Praed Street Flat / maisonette	Flat / maisonette	Aug 2023	549 sq ft £993/sq ft	549 sq ft	£993	£545,000
Flat 319, Peninsula Apartments, 4, Praed Street Flat / maisonette	Flat / maisonette	Aug 2023	969 sq ft £1,032/sq ft	969 sq ft	£1,032	£1,000,000
Flat 301, Peninsula Apartments, 4, Praed Street Flat / maisonette	Flat / maisonette	May 2023	764 sq ft £1,112/sq ft	764 sq ft	£1,112	£850,000