Summary - APARTMENT 606, 3, MERCHANT SQUARE W2 1AZ
2 bed 2 bath Flat
Spacious two-bedroom with long lease, concierge and strong central location—ideal for investors or professionals.
Nine-floor apartment with lift and panoramic city views
Approx. 944 sq ft; open-plan living with winter garden
Master bedroom with dressing area and ensuite bathroom
24-hour concierge, communal terrace, cinema and business lounge
Comfort cooling, underfloor heating, double glazing
Long lease (~976 years) — minimal lease concerns
Service charge ~£11,679/year; ground rent £512/year (noted as expensive)
Located in higher-crime inner-city area; factor insurance/tenant mix
Set on the ninth floor of a modern Paddington Basin development, this two-bedroom apartment offers high-floor city views, generous floor area (approx. 944 sq ft) and a contemporary open-plan living arrangement. The property includes useful communal amenities — 24-hour concierge, winter garden, communal terrace, cinema room and business lounge — that support strong rental appeal and lifestyle convenience.
The flat is well-equipped for urban comfort: underfloor heating, comfort cooling, double glazing and lift access. The master bedroom has a dressing area and ensuite, plus a second double bedroom and a separate bathroom. A long lease (circa 976 years) removes typical lease-length concerns and the apartment sits adjacent to the Grand Union Canal, a notable locational draw.
Buyers should note the material ownership costs. Service charge runs at approximately £11,679 per year (paid half-yearly at £5,839) and ground rent is £512 per annum. Council tax is also described as expensive. The property sits in a higher-crime inner-city area, which may affect tenant profiles and insurance costs.
Overall this is a modern, well-appointed city flat with strong amenity support and long-lease security. It will suit investors seeking lettable stock in a central transport hub or professionals wanting a low-maintenance pied-à-terre. Be mindful of ongoing communal costs and local area considerations when calculating total yield or living expenses.
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