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1 bed flat for sale Hermitage Street, Paddington, W2

Asking price

£550,000

Added on 26/09/2026

Type: Flat
Bedrooms: 1
Bathrooms: 1
Size: £833 per sq ft
Tenure: Ask agent

Key features

One Bedroom
One Bathroom
660 Approx Sq Ft
Balcony
3rd Floor
Lift Access
24 Hr Concierge
Nearest Stations: Paddington & Edgware Road
(Bakerloo, Circle, District, Hammersmith & City)

About this property

Situated on the 3rd floor of this modern 24 hour CONCIERGE purpose built block, the 660 sq ft property comprises a LARGE OPEN PLAN living / dining room, fully integrated modern kitchen, large bedroom and a bathroom.

The apartment benefits from AMPLE STORAGE throughout.

Munkenbeck Building is ideally located moments from Paddington station (Circle and District, Bakerloo Lines and National Rail)

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 around the middle of the 1-bed flats for sale nearby right now.

This home, £550,000 Median £550,000 · £424,000 – £786,000

Per square foot

£833 20% under

1-bed flats nearby £1,038

Against sold prices

29% 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, Paddington, W2

Open map Street View

Mortgage and stamp duty

Property price £550,000

£275k £825k

Deposit10% £55,000

£0 £550k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £495,000 mortgage. Most lenders would want a household income of about £110,000 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 109, Munkenbeck Building, 5, Hermitage Street Flat / maisonette	Flat / maisonette	Mar 2026	893 sq ft £532/sq ft	893 sq ft	£532	£475,000
Apartment 110, Munkenbeck Building, 5, Hermitage Street Flat / maisonette	Flat / maisonette	Mar 2026	743 sq ft £734/sq ft	743 sq ft	£734	£545,000
Apartment 503, Munkenbeck Building, 5, Hermitage Street Flat / maisonette	Flat / maisonette	Mar 2025	n/a	n/a	n/a	£195,000
Apartment 502, Munkenbeck Building, 5, Hermitage Street Flat / maisonette	Flat / maisonette	Dec 2024	818 sq ft £1,051/sq ft	818 sq ft	£1,051	£860,000
Apartment 5, Munkenbeck Building, 5, Hermitage Street Flat / maisonette	Flat / maisonette	Oct 2024	635 sq ft £811/sq ft	635 sq ft	£811	£515,000
Apartment 410, Munkenbeck Building, 5, Hermitage Street Flat / maisonette	Flat / maisonette	Dec 2023	614 sq ft £1,149/sq ft	614 sq ft	£1,149	£705,000
Apartment 802, Munkenbeck Building, 5, Hermitage Street Flat / maisonette	Flat / maisonette	Jun 2021	861 sq ft £964/sq ft	861 sq ft	£964	£830,000
Apartment 409, Munkenbeck Building, 5, Hermitage Street Flat / maisonette	Flat / maisonette	Jun 2018	581 sq ft £1,084/sq ft	581 sq ft	£1,084	£630,000