1-bedroom flat · W2 1BH
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £575,000-£625,000.
A stylish one-bedroom apartment with private balcony in the heart of Paddington, offering exceptional connectivity, contemporary interiors, and access to impressive resident facilities.
Situated within the sought-after Paddington Exchange development, this beautifully presented apartment offers an excellent opportunity to own a modern home in one of Central London’s most well-connected neighbourhoods.
Completed by Taylor Wimpey Central London, Paddington Exchange is a striking contemporary development combining elegant architecture with a range of desirable resident amenities.
The development features an impressive Art Deco-inspired entrance lobby, concierge services, residents’ facilities, lifts, and landscaped communal spaces.
The property opens into a welcoming entrance area with useful storage cupboards, leading through to a spacious and beautifully finished open-plan kitchen-reception room.
The reception space features engineered wood flooring, a dedicated dining area and direct access to the private balcony, creating an ideal setting for both entertaining and relaxing.
The contemporary open-plan kitchen is finished integrated appliances, providing a sleek and practical space that complements the reception area.
The generously proportioned double bedroom benefits from built-in wardrobes and its own access to the private balcony, while the modern bathroom is finished to a high standard.
Paddington Exchange enjoys an enviable Zone 1 location, positioned close to Paddington Basin and surrounded by some of Central London’s most desirable amenities.
Paddington Station is just moments away, providing access to the Elizabeth line, Heathrow Express, National Rail, Bakerloo, Circle, District and Hammersmith & City lines.
The excellent transport connections make the property particularly attractive to commuters and frequent travellers, with Heathrow Airport accessible in approximately 15 minutes via the Heathrow Express.
The development is also within easy reaching distance of the cafés, bars and restaurants of Paddington Basin, Sheldon Square and Little Venice, while the shops, restaurants and amenities of Praed Street and Edgware Road are close by.For those seeking green open spaces, Hyde Park and Kensington Gardens are nearby, providing an ideal escape from the energy of Central London.
Marylebone, Marble Arch, Regent’s Park and the wider West End are also readily accessible.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Apartment 12, 12, Hermitage Street, London
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