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Merchant Square, Paddington, W2
To rent
£4,983 pcm£1,150 pw

Merchant Square, Paddington, W2 1AN

3bedrooms
2bathrooms
Flattype
794sq ft
Furnished or unfurnished, landlord is flexiblefurnishing

Listed 22 Jun 2026 · Westminster

How the price compares

This home£4,983 pcm
Median 3 bed in W2£7,260 pcm22 homes listed
Difference-31%below the area median

About this home

A bright and spacious 3 bedroom, 2 bathroom (794 sq ft/ 73.76 sqm) situated on the third floor of this portered block. This elegant flat comprises a beautiful reception room with superb views, a superb modern fitted open plan kitchen and ample storage space. Building features include 24 hour concierge, lift service, and secure underground parking. The managing agents also offer exclusive deals and discounts in local restaurants and gyms specifically to 4B Merchant square tenants. Living in this building offers easy access to superb transport links such as Paddington Train Station (Bakerloo, Hammersmith & City, Circle, District lines and Heathrow) Edgware Road (Circle, District and Bakerloo lines).

Council Westminster City, Tax Band G

Additional costs will apply for; referencing (£36 per person & guarantor); administration (£240); renewal/extensions (£120); check-out inventory & cleaning (variable); special requests (variable). Security Deposits also apply to all tenancies.

Property details

Property type
Flat
Size
794 sq ft / 74 sq m
Council tax band
G
Furnishing
Furnished or unfurnished, landlord is flexible
Available from
Now
Deposit
£6,900
Tenancy
Long term
Parking
Yes

Floorplan

Floorplan 1

Location

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  • Edgware Road (Bakerloo) Station0.2 mi
  • Edgware Road (Circle, District, Hammersmith & City) Station0.2 mi
  • Paddington Station0.2 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
Apartment 801, 4, Merchant Square East
London W2 1AN
Flat
Leasehold
24 Jul 2026£580,000
Apartment 207, 4, Merchant Square East
London W2 1AN
Flat
Leasehold
2 Jun 2026£750,000
Apartment 402, 4, Merchant Square East
London W2 1AN
Flat
Leasehold
17 Dec 2025£1,140,000
Apartment 204, 4, Merchant Square East
London W2 1AN
Flat
Leasehold
9 Jul 2025£1,400,000
Apartment 301, 3, Merchant Square
London W2 1AZ
Flat
Leasehold
16 Jun 2025£1,280,000
Apartment 1503, 3, Merchant Square
London W2 1BF
Flat
Leasehold
29 May 2025£2,300,000
Apartment 1706, 3, Merchant Square
London W2 1BF
Flat
Leasehold
16 May 2025£2,000,000
Apartment 1903, 3, Merchant Square
London W2 1BF
Flat
Leasehold
8 May 2025£4,600,000
Apartment 1109, 3, Merchant Square
London W2 1BF
Flat
Leasehold
17 Apr 2025£1,599,000
Apartment 1005, 3, Merchant Square
London W2 1BF
Flat
Leasehold
6 Jan 2025£1,280,000

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£149,490a year, at 30 times the monthly rent
Holding deposit cap£1,150one week's rent
Tenancy deposit cap£6,900six weeks' rent

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

Listed by Napier Watt Limited, London on Rightmove (original listing). First listed 22 Jun 2026; details checked 7 Nov 2026. Latest change: added on 22/06/2026.

As well as paying the rent, you may also be required to make the following permitted payments. Permitted payments For properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments: Holding deposits (a maximum of 1 week's rent); Deposits (a maximum deposit of 5 weeks' rent for annual rent below £50,000, or 6 weeks' rent for annual rental of £50,000 and above); Payments to change a tenancy agreement eg. change of sharer (capped at £50 or, if higher, any reasonable costs); Payments associated with early termination of a tenancy (capped at the landlord's loss or the agent's reasonably incurred costs); Where required, utilities (electricity, gas or other fuel, water, sewerage), communication services "telephone, internet, cable/satellite television), TV licence; Council tax (payable to the billing authority); Interest payments for the late payment of rent (up to 3% above Bank of England's annual percentage rate); Reasonable costs for replacement of lost keys or other security devices; Contractual damages in the event of the tenant's default of a tenancy agreement; and Any other permitted payments under the Tenant Fees Act 2019 and regulations applicable at the relevant time. For properties in Wales, the Renting Homes (Fees etc.) (Wales) Act 2019 means that in addition to rent, lettings agents can only charge tenants the following permitted payments Holding deposits (a maximum of 1 week's rent); Security deposits; Where required, utilities (electricity, gas or other fuel, water, sewerage), communication services "telephone, internet, cable/satellite television), TV licence; Council tax (payable to the billing authority); Payments for the late payment of rent (where required under the tenancy agreement); A breach of a term of the contract (where required under the tenancy agreement); and Any other permitted payments under the Renting Homes (Fees etc.) (Wales) Act and regulations applicable at the relevant time. Tenant protection In addition to publishing relevant fees, lettings agents are also required to publish details of: the redress scheme they are a member of; and the name of the approved or designated Client Money Protection scheme they are a member of (if any). 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 34760511. 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 Napier Watt Limited, London. 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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