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3 bed flat for sale Merchant Square East, Paddington, W2

Asking price

£1,280,000

Added on 26/09/2026

Type: Flat
Bedrooms: 3
Bathrooms: 2
Size: £1,128 per sq ft
Tenure: Ask agent

Key features

Three Bedrooms
Two Bathrooms
2nd Floor Elevation
1135 Approx sq ft
Canal Facing
Concierge Service
Parking Space
Excellent Transport Links via Edgware Road & Paddington

About this property

Fraser & Co are delighted to introduce this spacious three-bedroom, two-bathroom apartment nestled in the heart of Paddington Basin offering captivating views of Regents Canal. Situated on the second floor this generous 1135 sq.ft apartment boasts an ample-sized kitchen / reception area, two commodious double bedrooms and two well-appointed bathrooms one of which is en suite.

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 0.6 miles

Cheaper than 66% of the 3-bed flats for sale nearby right now.

This home, £1,280,000 Median £1,425,000 · £845,000 – £2,500,000

Per square foot

£1,128 3% over

3-bed flats nearby £1,091

Against sold prices

4% under

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

Compared with 100 3-bed flats for sale within 0.6 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

Merchant Square East, Paddington, W2

Open map Street View

Mortgage and stamp duty

Property price £1,280,000

£640k £1.9m

Deposit10% £128,000

£0 £1.3m

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £1,152,000 mortgage. Most lenders would want a household income of about £256,000 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 207, 4, Merchant Square East Flat / maisonette	Flat / maisonette	Jun 2026	570 sq ft £1,315/sq ft	570 sq ft	£1,315	£750,000
Apartment 402, 4, Merchant Square East Flat / maisonette	Flat / maisonette	Dec 2025	1,109 sq ft £1,028/sq ft	1,109 sq ft	£1,028	£1,140,000
Apartment 204, 4, Merchant Square East Flat / maisonette	Flat / maisonette	Jul 2025	850 sq ft £1,646/sq ft	850 sq ft	£1,646	£1,400,000
Apartment 507, 4, Merchant Square East Flat / maisonette	Flat / maisonette	Jul 2022	657 sq ft £1,078/sq ft	657 sq ft	£1,078	£708,000
Apartment 606, 4, Merchant Square East Flat / maisonette	Flat / maisonette	Nov 2021	947 sq ft £908/sq ft	947 sq ft	£908	£860,000
Apartment 705, 4, Merchant Square East Flat / maisonette	Flat / maisonette	Nov 2020	861 sq ft £1,196/sq ft	861 sq ft	£1,196	£1,030,000
Apartment 207, 4, Merchant Square East Flat / maisonette	Flat / maisonette	Apr 2020	570 sq ft £1,239/sq ft	570 sq ft	£1,239	£707,000
Apartment 806, 4, Merchant Square East Flat / maisonette	Flat / maisonette	Jun 2017	732 sq ft £1,134/sq ft	732 sq ft	£1,134	£830,000