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1 bed flat to rent

£2,275 pcm (£525 pw)

Merchant Square, Paddington W2

1 1 1 501 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
  • Bathroom with bathtub

Property description

Presenting a contemporary one bedroom apartment on the 7th Floor set in a modern portered purpose built block set within the Paddington Basin complex.

The apartment is situated on the Seventh floor and features:
501 ( 47 sq.M) of living space
Spacious living accommodation with open plan kitchen
Modern bathroom
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 £1,296,877 Sales 303 Current average value £1,272,037 (Zoopla Zed-Index) Value change £59,964 ▲ 4.95%

Property value data/graphs for W2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £7,576,773 £2,056 4.9 £5,675,000
Semi-detached £4,281,382 £1,576 4.5 £2,384,800
Terraced £2,758,735 £1,491 3.6 £2,380,538
Flats £1,029,889 £1,390 2.0 £1,066,607

Current asking prices in W2

Average: £1,623,013
Avg. current asking prices in W2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £757,500
(2)
£1,706,559
(16)
£3,135,588
(17)
£3,672,143
(28)
£3,813,500
(10)
Flats £694,873
(242)
£1,212,147
(350)
£2,218,856
(169)
£3,774,695
(33)
£3,999,000
(5)
All £695,386
(244)
£1,233,761
(366)
£2,302,643
(186)
£3,727,622
(61)
£3,875,333
(15)

Current asking rents in W2

Average: £3,217 pcm
Avg. current asking prices in W2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,781 pcm
(11)
£3,443 pcm
(23)
£5,532 pcm
(35)
£7,649 pcm
(22)
£6,452 pcm
(9)
Flats £2,066 pcm
(793)
£3,050 pcm
(705)
£5,155 pcm
(565)
£7,768 pcm
(64)
£6,283 pcm
(1)
All £2,062 pcm
(804)
£3,063 pcm
(728)
£5,177 pcm
(600)
£7,738 pcm
(86)
£6,435 pcm
(10)

Fun facts for W2

Highest value in W2
Highest value streets Zed-Index
Pembridge Place £6,269,385
Dawson Place £5,761,783
Hyde Park Street £4,019,450
Connaught Square £4,012,227
Northumberland Place £3,792,167
Highest turnover in W2
Highest turnover streets Turnover
Victoria Grove Mews 46.2%
Albion Close 41.7%
Connaught Close 40.0%
Bathurst Street 33.3%
Portsea Place 30.9%

What Zoopla users think of W2

Overall rating:

  • currently 4.5 stars
Very good - 87% (244 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

£2,377 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 £25 Estimated energy cost £48/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 £2,275 /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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