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See how verdicts work1-bedroom flat · W2 1AL
For saleReduced £30k (−5.5%) on 21 MayListed 765 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
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
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
Area
Agent & docs
FAQ
About 2 Praed Street, London, W2
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