Skip to content
SavedList a property
1 / 11 · External
External
For saleReduced 19 Aug 2026
£495,000Guide price

2 Praed Street, London, W2 1AL

1bedroom
1bathroom
Flattype
488sq ft
Leaseholdtenure

Listed 20 Sept 2024 · price reduced 19 Aug 2026 · Westminster

How the price compares

This home£495,000£1,014 per sq ft
Median 1 bed in W2£545k53 homes listed · £1,036 per sq ft
Difference-9%below the area median

Key features

  • Modern Apartment Building
  • Concierge/Porter
  • One Bedroom
  • Open Plan Kitchen / Reception Room
  • Bathroom
  • Comfort Cooling
  • Residents Lifts
  • 488 sq ft (45.3 sq m)

About this home

This sixth floor one bedroom apartment extends to 488 sq ft (45.3 sq m).

Accommodation is formed of entrance hallway, reception room with open plan fitted kitchen, bedroom with built in storage and modern bathroom. The apartment benefits from comfort cooling, residents' lifts and 24 hour concierge.

Situation

Balmoral Apartments forms part of the popular and well located West End Quay development in Paddington Basin. Nearby transport links include Edgware Road (Circle/District & Bakerloo lines), Paddington (Elizabeth, Circle/District, Bakerloo, Hammersmith and City lines as well as the Heathrow Express), Lancaster Gate (Central line). Property Ref Number: HAM-53344

Property details

Property type
Flat
Size
488 sq ft / 45 sq m
Council tax band
E
Tenure
Leasehold
Lease remaining
964 years left
Ground rent
£250 per year (Ask agent about the review period)
Service charge
£3,760 per year

Floorplan

Floorplan

Location

Skip map

1 on this map

  • Edgware Road (Bakerloo) Station0.1 mi
  • Edgware Road (Circle, District, Hammersmith & City) Station0.1 mi
  • Paddington Station0.3 mi

What nearby homes sold for

Median sold prices in W2 over the last 12 months: flat £708k · terraced £1.65m · detached £3.73m · semi-detached £4.65m.

AddressTypeSoldPrice
Flat 617, Balmoral Apartments, 2, Praed Street
London W2 1AL		Flat
Leasehold		21 Aug 2026£1,480,000
Flat 102, Balmoral Apartments, 2, Praed Street
London W2 1JL		Flat
Leasehold		31 Jul 2026£800,000
Flat 404, Balmoral Apartments, 2, Praed Street
London W2 1JL		Flat
Leasehold		10 Jun 2026£500,000
Flat 214, Peninsula Apartments, 4, Praed Street
London W2 1JE		Flat
Leasehold		27 Apr 2026£840,000
Flat 516, Balmoral Apartments, 2, Praed Street
London W2 1AL		Flat
Leasehold		22 Apr 2026£1,000,000
Flat 110, Peninsula Apartments, 4, Praed Street
London W2 1JE		Flat
Leasehold		15 Apr 2026£565,000
Flat 410, Balmoral Apartments, 2, Praed Street
London W2 1JL		Flat
Leasehold		10 Apr 2026£780,000
Flat 112, Peninsula Apartments, 4, Praed Street
London W2 1JE		Flat
Leasehold		10 Oct 2025£647,500
Flat 614, Peninsula Apartments, 4, Praed Street
London W2 1JJ		Flat
Leasehold		22 Sept 2025£865,000
Flat 419, Peninsula Apartments, 4, Praed Street
London W2 1JE		Flat
Leasehold		24 Jun 2025£1,250,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in W2

Buying costs

Monthly repayment£2,476£49,500 deposit · £445,500 loan
Stamp Duty£14,750England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Hamptons, Hyde Park & Bayswater on Rightmove (original listing). First listed 20 Sept 2024; details checked 7 Nov 2026. Latest change: reduced on 19/08/2026.

Agent disclaimer

Disclaimer - Property reference a1nQ500000BY3UzIAL. 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 Hamptons, Hyde Park & Bayswater. 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.

Similar homes nearby

See all
12 photos · Floorplan
£499,950
2 bed1 bathFlat779 sq ft

Bourne Terrace, W2

Listed 7 Oct 2026