Summary - APARTMENT 509, 3, CANALSIDE WALK W2 1GT
2 bed 2 bath Apartment
Waterside two-bed with parking and rooftop amenities, close to Paddington transport.
10th-floor apartment with floor-to-ceiling windows and engineered wood flooring|Two double bedrooms and two bathrooms; principal bedroom with ensuite|24-hour concierge, rooftop lounge, landscaped terrace and outdoor gym|Includes one secure underground parking space — rare central-London benefit|Long lease: 999 years from 1995 (approx. 970 years remaining)|High annual service charge £12,382 and ground rent £750 pa — expensive ownership costs|Located moments from Paddington station and canal-side amenities; excellent transport links|Area records very high crime and local deprivation — may affect insurance/rental value
Set on the 10th floor of a contemporary waterside development in Paddington Basin, this two-bedroom apartment offers bright open-plan living across approximately 829 sq ft. Floor-to-ceiling windows and engineered wood flooring create a modern, low-maintenance interior with clear appeal for professionals and city-based investors.
Residents enjoy a strong amenity package: 24-hour concierge, rooftop lounge and landscaped terrace, outdoor gym and an underground parking space — rare for central London and useful for long-term rental demand. The 999-year lease (circa 970 years remaining) provides long-term security for buyers and investors.
Costs are significant and must be factored into ownership. The service charge is high at £12,382 pa and ground rent is £750 pa; council tax is described as expensive. The property sits in an area with very high recorded crime and notable local deprivation, which may affect some buyers’ perceptions and insurance or rental pricing.
Overall this is a modern, well-specified apartment with strong transport links (Paddington station nearby) and desirable communal facilities. It suits professionals seeking convenient, low-upkeep city living or investors looking for a well-appointed rental in a connected W2 location, provided the high ongoing charges and local crime profile are accepted.
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