1/8
£495,000
1 bed · 1 bath · 452 sq ft
Praed Street, London, W2
0 miles
away
Leasehold
Added on 16/09/2026 
1/10
1/10
£495,000
Guide price 1 bed flat for sale 2 Praed Street, London, W2
1
bed 1
bath Flat
Leasehold
Added on 16/09/2026
About this property
Situated on the 6th floor of a popular modern building with porter, lifts and comfort cooling, this 488 sq ft (45.3 sq m) one bedroom apartment offers a open plan kitchen / reception room. This sixth floor one bedroom apartment extends to 488 sq ft (45.
Key features
- Modern Apartment Building
- Concierge/Porter
- One Bedroom
- Open Plan Kitchen / Reception Room
- Bathroom
- Comfort Cooling
- Residents Lifts
- 488 sq ft (45.3 sq m)
Floorplan
Price guide
This home
£1,014 / sq ft
Area average (sold)
£1,325 / sq ft
Price per area, sold homes nearby
£763 / sq ft
£1,014 / sq ft
£2,044 / sq ft
Lowest
This home
Highest
£1,014 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
2 Praed Street, London, W2, W2 1AL
- 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 £495,000
£247k £743k
Deposit10% £50,000
£0 £495k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £445,000 mortgage. Most lenders would want a household income of about £99,000 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 1AL. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Flat 516, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Apr 2026 | 915 sq ft £1,093/sq ft | 915 sq ft | £1,093 | £1,000,000 |
| Flat 607, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Feb 2025 | — | — | — | £520,000 |
| Flat 513, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | May 2024 | 506 sq ft £1,079/sq ft | 506 sq ft | £1,079 | £546,000 |
| Flat 616, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Nov 2018 | — | — | — | £1,385,000 |
| Flat 705, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Jul 2018 | 646 sq ft £1,177/sq ft | 646 sq ft | £1,177 | £760,000 |
| Flat 515, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Sept 2016 | — | — | — | £675,000 |
| Flat 611, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Jun 2016 | 1,367 sq ft £1,463/sq ft | 1,367 sq ft | £1,463 | £2,000,000 |
| Flat 602, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Nov 2015 | 786 sq ft £1,273/sq ft | 786 sq ft | £1,273 | £1,000,000 |
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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