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To rentReduced 15 Oct 2026
£6,716 pcm£1,550 pw

Merchant Square East Paddington W2 1JS

3bedrooms
2bathrooms
Apartmenttype
1,018sq ft
Furnishedfurnishing

Listed 2 Sept 2026 · price reduced 15 Oct 2026 · Westminster

How the price compares

This home£6,716 pcm
Median 3 bed in W2£7,260 pcm22 homes listed
Difference-7%below the area median

Key features

  • Three double bedrooms
  • Two bathrooms
  • Concierge
  • 13th floor with lift
  • Underground parking
  • Flexible furnishings
  • Available now

About this home

A well presented three bedroom apartment to let. Situated on the 13th floor of a new development in the heart of Paddington Basin and offering 24 hour concierge and canal views. Accommodation comprises a spacious open plan kitchen and living/dining area, three double bedrooms, two bathrooms (one ensuite) and contemporary furnishings throughout. Features include neutral décor and a mix of hard wood floors and neutral carpets. Located close to both Paddington and Edgware Road underground stations as well as a number of local amenities. Offered furnished and available now. To check broadband and mobile phone coverage please visit Ofcom here ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker

Property details

Property type
Apartment
Size
1,018 sq ft / 95 sq m
Furnishing
Furnished
Available from
Now
Deposit
£7,750
Tenancy
Long term
Minimum term
0 months
Parking
Off street
Heating
Gas
Broadband
None
Electricity
Mains supply
Water
Mains supply
Accessibility
No wheelchair access

Floorplan

Floor Plan

Location

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  • Paddington Station0.2 mi
  • Edgware Road (Bakerloo) Station0.2 mi
  • Edgware Road (Circle, District, Hammersmith & City) 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.

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

Renting costs

Typical income needed£201,480a year, at 30 times the monthly rent
Holding deposit cap£1,550one week's rent
Tenancy deposit cap£9,299six weeks' rent

Caps follow the Tenant Fees Act 2019 (England). Referencing rules vary by agent; Scotland and Wales have their own rules.

Listed by Hamptons, Paddington on Rightmove (original listing). First listed 2 Sept 2026; details checked 7 Nov 2026. Latest change: reduced on 15/10/2026.

Tenancy information Hamptons Fees and Charges in England Permitted charges in accordance with the Tenant Fee Act 2019 for ASSURED PERIODIC TENANCIES: Holding Deposit - Maximum one week s rent (may go on to form part of advance rent) First month s rent - In advance. Tenancy Deposit - 5 weeks of agreed rent up to £50k rent per annum or 6 weeks of rent over £50k. Early termination requested by the tenant - A charge not exceeding the financial loss experienced by the landlord. Late Rent - Interest charged at 3% above Bank of England base rate, when rent is more than 14 days late. Lost key or security device - Equivalent to cost incurred. Changing the tenancy documents (after the commencement of the tenancy) - £50 inc. VAT. NON HOUSING ACT TENANCY fees (not affected by the Tenant Fee Act 2019) A Non Housing Act Tenancy is formed when one of the following criteria is in place: The annual rent exceeds £100,000. The property is occupied by an entity (Company let) rather that an individual. The property is not used as a main or primary home. There is a Resident Landlord. Tenancy Setup Fee - £360 inc VAT. Check-in Fee checking into the property and reviewing inventory - Minimum of £130.80 inc VAT. Enhanced Reference Fee Per Person £60 inc VAT. Per Company £120 inc VAT Tenancy Continuation - £300 inc VAT. Change of (Tenant) Householder - £300 inc VAT. Early Termination Administration - £300 inc VAT. Late payment of rent - Interest will be charged at 3% above the Bank of England base rate. Guarantor Referencing Fee - £60 inc VAT per person, £120 inc vat per company. Stamp Duty Land Tax Payable on tenancies where the rent exceeds £125,000 During the tenancy you may expect to pay: Utilities (gas, electricity, water) Council Tax Broadband, telephone, television licence Subscription to cable/satellite supplier Insurance (for your personal and own contents) Garden maintenance Parking permits Please note: The Initial Monies will be confirmed and must be paid by debit card or bank transfer. We are unable to accept cash. Hamptons is a member of Propertymark and your monies are covered by the Propertymark Client Money Protection Scheme and a member of a redress scheme provided by The Property Ombudsman. Please note that lettings agents are required by law to publish on their websites information for potential tenants about relevant fees, redress schemes and client money protection schemes (including the names of those schemes). Relevant fees must also be published on third party websites, such as Rightmove. For properties to rent in England and Wales, details of the agent's membership of any redress scheme and client money protection scheme must also be published with their fees on Rightmove. It is the agent's responsibility to ensure that all relevant information is provided to Rightmove and is up to date and accurate. If the relevant information does not appear here, the agent may have included it within the property description.

Agent disclaimer

Disclaimer - Property reference P327489. 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, Paddington. 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.

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