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See how verdicts work2-bedroom flat · W2 1JJ
For saleListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set on the seventh floor of one of Paddington Basin's most sought-after waterside developments, this well presented canal-facing apartment offers stylish modern living in a highly convenient location.
The generously proportioned accommodation is arranged around a particularly impressive open-plan kitchen and reception room measuring over 21 feet in width, a principal bedroom with en-suite bathroom, a second bedroom and a guest shower room.
A standout feature is the private terrace extending to over 22 feet in width - a natural extension of the living space during the summer months.
Floor-to-ceiling windows flood the principal rooms with natural light, while further benefits include comfort cooling, two juliette balconies and a secure underground parking space.
Residents benefit from the full complement of building amenities, including a 24-hour concierge service, secure access and dedicated lift access to the upper floors.
Located in the heart of vibrant Paddington Basin, the property is moments from the waterside charm of the Grand Union Canal, with an array of boutique shops, cafés and restaurants close at hand.
The open green spaces of Hyde Park and Kensington Gardens are also within easy reach.
For transport, the apartment is perfectly placed for Brunel's Grade I listed Paddington Station, offering direct access to the Elizabeth line, the Heathrow Express and multiple London Underground lines, complemented by excellent bus, cycle and pedestrian connections throughout the city.
For enquiries quote ref: Gt-1405
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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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 Peninsula Apartments, 4,Flat 701, Praed Street, London
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