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2 bed flat for sale Merchant Square, London, W2

Asking price

£730,000

Added on 26/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £942 per sq ft
Tenure: Ask agent

Key features

Two Bedrooms
Two Bathrooms
10th Floor
Concierge
Modern Building
Long Lease
Parking

About this property

Bright 10th Floor 2-Bedroom Apartment with Balcony and Concierge in Merchant Square, Paddington Basin

A spacious and contemporary 2-bedroom, 2-bathroom apartment set on the 10th floor of a modern waterside development in the heart of Paddington Basin. This stylish apartment features 775 sq ft of open-plan living space, with a modern kitchen seamlessly integrated into the reception area. The principal bedroom offers a en-suite bathroom and built-in wardrobes, while the second double bedroom is ideal for guests or a home office. A contemporary guest bathroom and ample storage complete the accommodation.

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

Cheaper than 61% of the 2-bed flats for sale nearby right now.

This home, £730,000 Median £800,000 · £575,000 – £1,277,500

Per square foot

£942 10% under

2-bed flats nearby £1,047

Against sold prices

19% under

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

Compared with 100 2-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

Merchant Square, London, W2

Open map Street View

Mortgage and stamp duty

Property price £730,000

£365k £1.1m

Deposit10% £73,000

£0 £730k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £657,000 mortgage. Most lenders would want a household income of about £146,000 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 1303, 4, Merchant Square East Flat / maisonette	Flat / maisonette	Jul 2026	980 sq ft £842/sq ft	980 sq ft	£842	£825,000
Apartment 1306, 4, Merchant Square East Flat / maisonette	Flat / maisonette	Mar 2025	334 sq ft £809/sq ft	334 sq ft	£809	£270,000
Apartment 1004, 4, Merchant Square East Flat / maisonette	Flat / maisonette	Nov 2020	1,216 sq ft £970/sq ft	1,216 sq ft	£970	£1,180,000
Apartment 1205, 4, Merchant Square East Flat / maisonette	Flat / maisonette	Dec 2018	409 sq ft £1,161/sq ft	409 sq ft	£1,161	£475,000
Apartment 1006, 4, Merchant Square East Flat / maisonette	Flat / maisonette	Oct 2018	732 sq ft £1,202/sq ft	732 sq ft	£1,202	£880,000
Apartment 1005, 4, Merchant Square East Flat / maisonette	Flat / maisonette	Dec 2017	861 sq ft £1,150/sq ft	861 sq ft	£1,150	£990,000
Apartment 906, 4, Merchant Square East Flat / maisonette	Flat / maisonette	Oct 2017	732 sq ft £1,178/sq ft	732 sq ft	£1,178	£862,000
Apartment 1006, 4, Merchant Square East Flat / maisonette	Flat / maisonette	Aug 2015	732 sq ft £1,243/sq ft	732 sq ft	£1,243	£910,000