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1 bed flat to rent

£2,708 pcm (£625 pw)

Merchant Square, Paddington Basin W2

1 1 1
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Property features

  • One Double Bedroom
  • Fitted Kitchen
  • Modern Bathroom
  • Canal Views
  • 24hr Concierge
  • Close to Edgware Rd & Paddington underground

Property description

Detailed Description

A one double bedroom apartment, situated in the popular Merchant Square. The property is canal facing and comprises of a double bedroom, good sized reception with an open plan fitted kitchen and a modern bathroom. Conveniently located just moments away from shops, bars and restaurants. Nearest stations are Edgeware Road and Paddington.

Property info

Market activity
Average price paid £1,306,247 Sales 321 Current average value £1,272,235 (Zoopla Zed-Index) Value change -£30,829 ▼ -2.37%

Property value data/graphs for W2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £7,794,453 £2,099 4.9 £7,250,000
Semi-detached £4,290,043 £1,572 4.5 £2,502,300
Terraced £2,745,152 £1,492 3.6 £2,624,266
Flats £1,029,810 £1,395 2.0 £1,050,626

Current asking prices in W2

Average: £1,688,896
Avg. current asking prices in W2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £751,250
(4)
£1,451,429
(7)
£2,499,950
(20)
£3,862,500
(20)
£4,943,125
(8)
Flats £683,957
(248)
£1,181,697
(386)
£2,250,490
(164)
£3,468,416
(31)
£5,722,222
(9)
All £685,025
(252)
£1,186,501
(393)
£2,277,605
(184)
£3,622,959
(51)
£5,355,588
(17)

Current asking rents in W2

Average: £3,742 pcm
Avg. current asking prices in W2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,842 pcm
(11)
£3,076 pcm
(30)
£5,388 pcm
(25)
£8,464 pcm
(14)
£11,765 pcm
(13)
Flats £2,045 pcm
(514)
£3,088 pcm
(521)
£5,423 pcm
(546)
£7,886 pcm
(133)
£13,000 pcm
(1)
All £2,041 pcm
(525)
£3,087 pcm
(551)
£5,422 pcm
(571)
£7,941 pcm
(147)
£11,853 pcm
(14)

Fun facts for W2

Highest value in W2
Highest value streets Zed-Index
Pembridge Place £6,523,103
Dawson Place £5,752,054
Connaught Square £4,015,362
Hyde Park Street £3,870,406
Northumberland Place £3,792,407
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%
Fulton Mews 33.3%

What Zoopla users think of W2

Overall rating:

  • currently 4.5 stars
Very good - 88% (263 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)
  • Abingdon House School (0.4 miles)
  • The Sylvia Young Theatre School (0.4 miles)
Note: Distances are straight line measurements

Local info for Westminster

About the neighbours in W2

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For more information about this property, please contact
Nazemi Property Consultancy, W1H on +44 20 8115 7789 * (local rate)

Monthly running costs Beta

£2,812 Monthly total

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £35/mo (£415/yr)
Compare insurance deals now 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 £27 Estimated energy cost £50/mo

Similar properties could save up to £197

How Much Could I Save? 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 £2,708 /mo Additional one-off fees also apply

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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 Nazemi Property Consultancy, and do not constitute property particulars. Please contact Nazemi Property Consultancy 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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