Studio flat · W2 1JL
For saleListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned on the first floor of Balmoral Apartments, this particularly spacious studio apartment provides approximately 604 sq ft of bright, well-proportioned accommodation, together with a private balcony.
The impressive open-plan studio and kitchen extends to over 26 feet and offers ample room to create clearly defined sleeping, sitting, dining and home-working areas.
Full-height glazing across two sides draws in plenty of natural light, while wood flooring provides continuity throughout the principal living space.
The fitted kitchen is arranged with a broad peninsula breakfast bar, providing useful preparation space as well as informal seating.
Pale wood cabinetry, integrated appliances and tiled flooring create a practical separation from the remainder of the room without enclosing the kitchen.
The entrance hallway provides useful storage and leads to a generously sized bathroom with a bath and overhead shower.
Further benefits include comfort cooling, a passenger lift, secure entry and a 24-hour concierge service.
Situation Balmoral Apartments forms part of the West End Quay development at Paddington Basin, with a variety of waterside cafés, restaurants and shops nearby.
Paddington Station provides Underground, National Rail, Elizabeth line and Heathrow Express services, while the canal towpath leads towards Little Venice.
Hyde Park, Connaught Village and the wider amenities of central London are also within easy reach. Property Ref Number: Ham-67121
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
Area
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FAQ
About Flat 115, Balmoral Apartments, 2, Praed Street, London
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