1 Bed Flat for Sale, Praed Street, London W2

About this property

• Communal garden
• Underground parking
• Central heating
• Double glazing
• Modern and well-maintained apartment in a sought-after development
• Share of Freehold with a long 999-year lease from 2003
• Secure building with concierge and lift access
• Moments from Paddington Station (National Rail, Heathrow Express & Underground)
• Excellent local amenities, cafés, and restaurants right on your doorstep

Flat 507, Balmoral Apartments, 2 Praed Street, London W2 1AL

Discounted Price: £500,000 (Subject to Contract)
Tenure: Share of Freehold from 2013; 999 years from 2003
Ground Rent: £250 per annum
Service Charge: Approx. £3,950 per annum

Property Overview:

Nestled in the prestigious Balmoral Apartments development on Praed Street, this stylish apartment offers a perfect blend of luxury living and central London convenience. The property is presented in excellent condition, making it an ideal choice for professionals, investors, or those seeking a chic pied-à-terre in the heart of the capital.

Investment Potential:

Offered at a discounted price of £500,000, this property represents a fantastic opportunity to own a prime Central London residence in a highly desirable location, benefitting from strong rental demand and long-term capital growth potential.

Location

Located within the vibrant Paddington Basin area, Balmoral Apartments are perfectly positioned for transport, leisure, and shopping. Whether you’re commuting to the City, flying out of Heathrow, or enjoying an afternoon stroll through Hyde Park, everything you need is within easy reach.