Summary - PENINSULA APARTMENTS, 4 FLAT 214 PRAED STREET LONDON W2 1JE
2 bed 2 bath Flat
Contemporary two-bed apartment in Paddington Basin with concierge and parking..
Second-floor modern apartment with lift and 24-hour concierge
Open-plan kitchen/reception with full-length French windows and canal views
Principal bedroom with built-in storage and large en-suite bathroom
Comfort cooling and electric underfloor heating; double-glazed windows
Secure underground parking included; long lease (~950 years)
Above-average service charge (£7,087 pa), council tax quite expensive
Very slow broadband speeds locally despite excellent mobile signal
Local crime rated high; wider area classed as deprived
Set on the second floor of the modern Peninsula Apartments, this 861 sq ft two-bedroom flat delivers bright, canal-facing living with full-length French windows and Juliet balconies. The open-plan kitchen/reception room benefits from natural light and contemporary finishes; the principal bedroom includes built-in storage and a generous en-suite with separate bath and freestanding shower.
Practical features include comfort cooling, electric underfloor heating, double glazing, secure underground parking and a long lease (circa 950 years). The building offers a 24-hour concierge and lift access, situating the home within Paddington Basin with fast links to Paddington, Edgware Road and Lancaster Gate.
Buyers should note material running costs: an above-average service charge (£7,087 pa), ground rent (£350 pa) and relatively high council tax. Broadband speeds in the area are reported very slow despite excellent mobile signal. Crime levels are recorded as high and the wider area is classified as deprived, factors to consider for some purchasers.
This apartment suits professionals or investors seeking low-maintenance West End living with canal views and secure parking. It also offers renovation potential for buyers who wish to personalise finishes and improve broadband infrastructure.
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