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1 bed flat for sale

£655,000

Balmoral Apartments, 2 Praed Street, London W2

1 1 1
Interested in this property? Call 020 3641 4567 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Modern Development
  • First Floor Apartment (with lift)
  • One Bedroom
  • 26 ft Reception Room
  • Fitted Kitchen
  • Modern Bathroom
  • 2 x Storage Cupboards
  • 24 Hour Porter
  • Comfort Cooling
  • 527 sq ft (49 sq m)

Property description

Presented in good order is this one bedroom first floor apartment.

Located in a popular waterside development forming part of Paddington Basin, the accommodation comprises an open plan reception room with juliette balcony, kitchen, bedroom, bathroom and two storage cupboards.

Additional features include comfort cooling and 24 hour porter.

Nb the property is currently let on a 12 month ast. 12.9.16 - 11.9.17 - £450/week.

Situation
Balmoral Apartments forms part of this popular modern waterside development in Paddington Basin.

Located within close proximity of Hyde Park, nearby transport links include Edgware Road (Circle, District and Bakerloo lines), Paddington Station (Bakerloo, Hammersmith & City, Circle, District and CrossRail due 2018) underground stations. In addition Paddington mainline station provides city, national and international connections via the National Rail and Heathrow Express. For motorists the A40 is nearby providing access to and from central London from the country.

Additional Information
Local Authority:
City Of Westminster
Westminster City Hall
64 Victoria Street
London
SW1E 6QP Council Tax Band E

Property info

Floorplan(s): Floorplan Floorplan

Floorplan View original

Market activity
Average price paid £1,304,735 Sales 281 Current average value £1,350,118 (Zoopla Zed-Index) Value change £95,671 ▲ 7.63%

Property value data/graphs for W2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £8,050,804 £2,191 4.9 £5,675,000
Semi-detached £4,550,668 £1,680 4.5 £2,665,000
Terraced £2,932,625 £1,598 3.6 £2,061,998
Flats £1,093,505 £1,471 2.0 £1,131,816

Current asking prices in W2

Average: £1,895,266
Avg. current asking prices in W2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £574,988
(4)
£1,475,948
(21)
£2,683,500
(14)
£3,732,143
(21)
£4,561,111
(9)
Flats £713,935
(234)
£1,220,850
(349)
£2,211,294
(194)
£4,062,324
(34)
£4,300,000
(11)
All £711,600
(238)
£1,235,329
(370)
£2,243,077
(208)
£3,936,255
(55)
£4,417,500
(20)

Current asking rents in W2

Average: £3,178 pcm
Avg. current asking prices in W2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,983 pcm
(8)
£3,367 pcm
(40)
£4,490 pcm
(38)
£8,630 pcm
(22)
£7,367 pcm
(4)
Flats £2,039 pcm
(742)
£3,009 pcm
(857)
£4,814 pcm
(505)
£7,548 pcm
(117)
-
All £2,038 pcm
(750)
£3,025 pcm
(897)
£4,791 pcm
(543)
£7,719 pcm
(139)
£7,367 pcm
(4)

Fun facts for W2

Highest value in W2
Highest value streets Zed-Index
Pembridge Place £6,658,428
Dawson Place £6,146,138
Hyde Park Street £4,278,765
Connaught Square £4,128,514
Northumberland Place £4,099,775
Highest turnover in W2
Highest turnover streets Turnover
Albion Close 41.7%
Connaught Close 40.0%
Victoria Grove Mews 38.5%
Bridstow Place 35.5%
St. Georges Fields 30.0%

What Zoopla users think of W2

Overall rating:

  • currently 4.5 stars
Very good - 87% (234 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate W2:

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Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Edgware Road Bakerloo (0.1 miles)
  • Edgware Road Circle (0.1 miles)
  • Paddington (0.3 miles)
  • London City Airport (9.8 miles)
  • London Heathrow Airport (12.8 miles)
  • London Gatwick Airport (25.6 miles)
  • Embankment Pier (2.2 miles)
  • Savoy Pier (2.3 miles)
  • Westminster Millennium Pier (2.3 miles)

Nearby schools

View all schools in Westminster
  • The Minerva Academy (0.2 miles)
  • Christ Church Bentinck CofE Primary School (0.2 miles)
  • Hampden Gurney CofE Primary School (0.3 miles)
  • City of Westminster College (0.3 miles)
  • Lansdowne College (1.0 mile)
  • David Game College (1.3 miles)
  • Ark King Solomon Academy (0.2 miles)
  • The Sylvia Young Theatre School (0.3 miles)
  • Abingdon House School (0.4 miles)
Note: Distances are straight line measurements

Local info for Westminster

About the neighbours in W2

AskMe Q&A for Westminster

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For more information about this property, please contact
Hamptons International - Hyde Park & Bayswater Sales, W2 on 020 3641 4567 * (local rate)

Monthly running costs Beta

£2,275 Monthly total
Mortgage
Purchase price
Deposit (10%) 65,500
Repayment term 25
Interest rate 0.5
Your payment £2,090 /mo Find available rates

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £35/mo (£415/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £21 Electricity £28 Estimated energy cost £49/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6900 kWh/year
Electricity: 2100 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Westminster

Estimated tax band E Council tax cost £82 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £9 Sewerage £10 Estimated water cost £19 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Hamptons International - Hyde Park & Bayswater Sales about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hamptons International - Hyde Park & Bayswater Sales, and do not constitute property particulars. Please contact Hamptons International - Hyde Park & Bayswater Sales for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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