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1 bed flat for sale Hermitage Street, London, W2

Guide price

£575,000

Added on 01/10/2026

Type: Flat
Bedrooms: 1
Bathrooms: 1
Size: £975 per sq ft
Tenure: Leasehold

Highlights

From the agent's description

Balcony
Concierge
Lift
Open-plan kitchen/diner

About this property

Guide price £575,000-£625,000. A stylish one-bedroom apartment with private balcony in the heart of Paddington, offering exceptional connectivity, contemporary interiors, and access to impressive resident facilities. Situated within the sought-after Paddington Exchange development, this beautifully presented apartment offers an excellent opportunity to own a modern home in one of Central London’s most well-connected neighbourhoods.

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 56% of the 1-bed flats for sale nearby right now.

This home, £575,000 Median £550,000 · £409,000 – £786,000

Per square foot

£975 6% under

1-bed flats nearby £1,037

Against sold prices

17% under

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

Hermitage Street, London, W2

Open map Street View

Mortgage and stamp duty

Property price £575,000

£287k £863k

Deposit10% £58,000

£0 £575k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £517,000 mortgage. Most lenders would want a household income of about £115,000 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
Apartment 17, 12, Hermitage Street Flat / maisonette	Flat / maisonette	Jul 2024	872 sq ft £1,244/sq ft	872 sq ft	£1,244	£1,085,000
Apartment 10, 12, Hermitage Street Flat / maisonette	Flat / maisonette	Mar 2024	872 sq ft £1,204/sq ft	872 sq ft	£1,204	£1,050,000
Apartment 47, 12, Hermitage Street Flat / maisonette	Flat / maisonette	Oct 2023	1,066 sq ft £1,661/sq ft	1,066 sq ft	£1,661	£1,770,000
Apartment 41, 12, Hermitage Street Flat / maisonette	Flat / maisonette	Feb 2023	1,033 sq ft £1,355/sq ft	1,033 sq ft	£1,355	£1,400,000
Apartment 13, 12, Hermitage Street Flat / maisonette	Flat / maisonette	May 2022	581 sq ft £1,376/sq ft	581 sq ft	£1,376	£800,000
Apartment 4, 12, Hermitage Street Flat / maisonette	Flat / maisonette	Mar 2018	872 sq ft £1,360/sq ft	872 sq ft	£1,360	£1,185,750
Apartment 19, 12, Hermitage Street Flat / maisonette	Flat / maisonette	Feb 2018	592 sq ft £1,453/sq ft	592 sq ft	£1,453	£860,000
Apartment 26, 12, Hermitage Street Flat / maisonette	Flat / maisonette	Feb 2018	581 sq ft £1,462/sq ft	581 sq ft	£1,462	£850,000