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Praed Street, London, W2

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

537 sq ft

50 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Moments from Paddington Station
  • Excellent connectivity across London and direct links to Heathrow Airport
  • Near expansive green spaces including Hyde Park and Kensington Gardens
  • Close to Paddington Basin with waterside cafes, restaurants, and leisure amenities
  • Within close proximity to Notting Hill and Portobello Road Market
  • Two spacious double bedrooms
  • Approx. 537 Sqft (49.9 Sqm)

Description

Situated on the first floor of a well-located building on Praed Street, this bright and well-proportioned apartment presents an excellent opportunity for both owner-occupiers and investors alike. The property features a spacious reception room, ideal for relaxing or entertaining, with ample room for both living and dining.

The separate kitchen is well equipped, offering plentiful storage at both eye and counter level, and is perfectly suited for modern day living. Both bedrooms are comfortable doubles, providing excellent accommodation, while the bathroom is well-appointed and functional.

Positioned in one of Central London’s most connected locations, the property benefits from immediate access to the extensive amenities of Paddington, as well as world-class transport links including Paddington Station, making it an ideal base for commuters, professionals, or those seeking a prime London pied-à-terre.

A superb opportunity to acquire a well-located apartment in a thriving and ever-popular central London setting.

Location

Praed Street is superbly positioned in the heart of Paddington, one of Central London’s most connected and evolving neighbourhoods, offering an exceptional blend of convenience, lifestyle, and accessibility. The area has undergone significant regeneration in recent years, with Paddington Basin now home to a variety of waterside restaurants, cafes, and leisure spots, creating a vibrant and modern atmosphere.

Transport links are outstanding. Paddington Station is just moments away, providing National Rail services, the Elizabeth Line, and Heathrow Express, offering rapid connections across London and direct access to Heathrow Airport. In addition, Lancaster Gate Underground Station (Central Line) is within easy walking distance, ensuring seamless travel into the West End, City, and beyond.

The area is exceptionally well served by a wide array of local shops, cafes, and restaurants, ranging from everyday conveniences to more refined dining options. Westbourne Grove and Queensway are also nearby, offering a further selection of boutique shops, popular eateries, and high street brands.

Notting Hill is within close proximity, providing access to its renowned village-like charm, with its iconic pastel-coloured houses, independent boutiques, and vibrant Portobello Road Market.

For green open space, residents are within easy reach of Hyde Park and Kensington Gardens, offering vast expanses of parkland ideal for walking, cycling, and outdoor recreation.

Families are well catered for with a number of well-regarded schools nearby, including St Mary’s Bryanston Square CofE School and Hallfield Primary School, adding to the area’s broad appeal. This is an outstanding opportunity and one that should not be overlooked, viewing is essential.

**Please note some of the photos have had furniture digitally added.

Tenure: Leasehold
Lease term remaining: 125 years from 6 September 2000
Service charge: £2,450 per annum
Ground rent; £TBC per annum
Council tax band: D
The City of Westminster
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Praed Street, London, W2

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About Moveli, London & Country

21 Ellis Street, London, SW1X 9AL

Having previously built a highly respected London-based high street estate agency from scratch, we know the value of having a great agent fighting your corner. We also saw first hand the problems with high street based estate agency - an emphasis on marketing over making investments to improve service, 'bad' estate agents hiding within ostensibly 'good' brands, and extortionate fees to name but a few - and how these can impact both homeowners and estate agents themselves.

Affordability

Monthly repayments£2,417
Property: £ 530,000
Deposit: £ 53,000
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference RX753017. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Moveli, London & Country. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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