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£1,300,000
Asking price

3 bed flat for sale Praed Street, London, W2

3 beds 2 baths Flat
Leasehold

Added on 16/09/2026

About this property

A spacious three-bedroom apartment situated on the fifth floor of Balmoral Apartments and extending to approximately 1,197 sq ft. Enjoyed as a family home for many years, the apartment offers generous living accommodation, including an impressive open-plan reception, kitchen and dining room measuring almost 30 ft in length and opening onto a private balcony with attractive basin views. A spacious three-bedroom apartment situated on the fifth floor of Balmoral Apartments and extending to approximately 1,197 sq ft.

Key features

  • Three-bedrooms
  • Fifth-floor apartment
  • Approximately 1197 sq ft
  • Impressive open-plan reception/kitchen
  • Private balcony with canal views
  • Full-height windows
  • Principal bedroom with en-suite bathroom
  • Separate shower room
  • 24-hour concierge
  • Passenger lift access

Floorplan

Price guide

This home
£1,086 / sq ft
Area average (sold)
£1,325 / sq ft
Price per area, sold homes nearby
Lowest
This home
Highest

£1,086 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 1AL

Council tax
Band D (Approx £1,050/year)

Mortgage and stamp duty

Property price £1,300,000
£650k £2m
Deposit10% £130,000
£0 £1.3m
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £1,170,000 mortgage. Most lenders would want a household income of about £260,000 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.

AddressSoldSizePrice
Flat 516, Balmoral Apartments, 2, Praed Street Flat / maisonetteApr 2026915 sq ft £1,093/sq ft£1,000,000
Flat 607, Balmoral Apartments, 2, Praed Street Flat / maisonetteFeb 2025£520,000
Flat 513, Balmoral Apartments, 2, Praed Street Flat / maisonetteMay 2024506 sq ft £1,079/sq ft£546,000
Flat 616, Balmoral Apartments, 2, Praed Street Flat / maisonetteNov 2018£1,385,000
Flat 705, Balmoral Apartments, 2, Praed Street Flat / maisonetteJul 2018646 sq ft £1,177/sq ft£760,000
Flat 515, Balmoral Apartments, 2, Praed Street Flat / maisonetteSept 2016£675,000
Flat 611, Balmoral Apartments, 2, Praed Street Flat / maisonetteJun 20161,367 sq ft £1,463/sq ft£2,000,000
Flat 602, Balmoral Apartments, 2, Praed Street Flat / maisonetteNov 2015786 sq ft £1,273/sq ft£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
4C, Praed Street, London, Greater London
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