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1 bed flat to rent

£2,253 pcm (£520 pw)

Merchant Square, Paddington W2

1 1 1 569 sq. ft*
Interested in this property? Call +44 20 3641 4740 * or

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

Property features

  • Communal garden
  • Underground parking
  • Central heating
  • Disabled features
  • Double glazing
  • Porter/security
  • Wood floors
  • Lift

Property description

Presenting a contemporary one bedroom apartment set in a modern portered purpose built block set within the Paddington Basin complex.

The apartment is situated on the Eighth floor and features:
569 ( 53 sq.M) of living space
Spacious living accommodation with open plan kitchen
Modern shower room
24 hour concierge
Lift service
Secure underground parking
Furnished or unfurnished

Close to Paddington Train Station (Bakerloo, Hammersmith & City, Circle, District lines and Heathrow) Edgware Road (Circle, District and Bakerloo lines).

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £1,338,717 Sales 320 Current average value £1,219,044 (Zoopla Zed-Index) Value change £11,822 ▲ 0.98%

Property value data/graphs for W2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £7,384,276 £2,011 4.9 £5,675,000
Semi-detached £4,125,215 £1,511 4.5 £2,104,600
Terraced £2,649,102 £1,436 3.6 £2,500,114
Flats £986,977 £1,339 2.0 £1,115,719

Current asking prices in W2

Average: £1,591,884
Avg. current asking prices in W2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,310,000
(2)
£1,630,417
(12)
£2,913,818
(22)
£3,685,000
(30)
£3,874,500
(10)
Flats £702,285
(273)
£1,187,260
(380)
£2,242,488
(169)
£3,566,092
(32)
£4,215,833
(6)
All £706,705
(275)
£1,200,826
(392)
£2,319,814
(191)
£3,623,628
(62)
£4,002,500
(16)

Current asking rents in W2

Average: £3,562 pcm
Avg. current asking prices in W2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £2,225 pcm
(8)
£3,678 pcm
(28)
£5,526 pcm
(29)
£7,363 pcm
(21)
£9,980 pcm
(15)
Flats £2,100 pcm
(548)
£3,159 pcm
(607)
£5,149 pcm
(525)
£7,469 pcm
(112)
-
All £2,102 pcm
(556)
£3,182 pcm
(635)
£5,168 pcm
(554)
£7,452 pcm
(133)
£9,980 pcm
(15)

Fun facts for W2

Highest value in W2
Highest value streets Zed-Index
Pembridge Place £6,258,633
Dawson Place £5,523,401
Hyde Park Street £3,852,953
Connaught Square £3,849,487
Northumberland Place £3,651,792
Highest turnover in W2
Highest turnover streets Turnover
Victoria Grove Mews 46.2%
Albion Close 41.7%
St. Georges Fields 40.0%
Bathurst Street 35.0%
Connaught Close 30.0%

What Zoopla users think of W2

Overall rating:

  • currently 4.5 stars
Very good - 88% (249 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:

Tell us what you think of this area by rating these categories.
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 (0.2 miles)
  • London Paddington (0.3 miles)
  • London City Airport (9.8 miles)
  • London Heathrow Airport (12.8 miles)
  • London Gatwick Airport (25.7 miles)
  • Embankment Pier (2.3 miles)
  • Savoy Pier (2.3 miles)
  • Westminster Millennium Pier (2.4 miles)

Nearby schools

View all schools in Westminster
  • The Minerva Academy (0.2 miles)
  • Christ Church Bentinck CofE Primary School (0.3 miles)
  • L'Ecole Bilingue Elementaire (0.3 miles)
  • City of Westminster College (0.2 miles)
  • Lansdowne College (1.0 mile)
  • David Game College (1.3 miles)
  • Ark King Solomon Academy (0.2 miles)
  • The Sylvia Young Theatre School (0.4 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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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Silvertrees Ltd, W1U on +44 20 3641 4740 * (local rate)

Monthly running costs Beta

£2,358 Monthly total

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 £23 Electricity £28 Estimated energy cost £51/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

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.

Rent

Rental cost £2,253 /mo

Contact Silvertrees Ltd 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 Silvertrees Ltd, and do not constitute property particulars. Please contact Silvertrees Ltd 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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