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3 bed flat for sale Praed Street, Paddington, W2

Asking price

£1,397,500

Added on 26/09/2026

Type: Flat
Bedrooms: 3
Bathrooms: 2
Size: £1,202 per sq ft
Tenure: Ask agent

Key features

Three Bedrooms
Two Bathrooms
7th Floor
Balcony Overlooking Canal
Lift Access
24 Hr Concierge
Secure Entry System
Nearest Stations: Edgware Road & Paddington (Bakerloo, District, Circle, Hammersmith & City lines)

About this property

This exquisite three bedroom apartment offering charming water views.

Nestled on the 7th floor of the prestigious Balmoral Apartments, this spacious residence is a true gem. The apartment boasts a modern and inviting OPEN PLAN reception area, seamlessly flowing into a fully integrated kitchen complete with a stylish BREAKFAST BAR. The principal bedroom features an en-suite bathroom, while two additional bedrooms provide ample space for relaxation. A separate bathroom ensures convenience for residents and guests alike.

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 0.5 miles

Cheaper than 52% of the 3-bed flats for sale nearby right now.

This home, £1,397,500 Median £1,450,000 · £872,500 – £2,677,500

Per square foot

£1,202 10% over

3-bed flats nearby £1,094

Against sold prices

3% over

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

Compared with 100 3-bed flats for sale within 0.5 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, Paddington, W2

Open map Street View

Mortgage and stamp duty

Property price £1,397,500

£690k £2.1m

Deposit10% £140,000

£0 £1.4m

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £1,257,500 mortgage. Most lenders would want a household income of about £280,000 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 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	431 sq ft £1,208/sq ft	431 sq ft	£1,208	£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	1,044 sq ft £1,327/sq ft	1,044 sq ft	£1,327	£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	570 sq ft £1,183/sq ft	570 sq ft	£1,183	£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