Summary - PENINSULA APARTMENTS, 4 FLAT 701 PRAED STREET LONDON W2 1JJ
2 bed 2 bath Flat
Spacious 2-bed modern apartment with parking and 24-hour concierge.
Two double bedrooms with en-suite and separate shower room
This well-presented two-bedroom apartment occupies the seventh floor of a modern Paddington Basin development, offering 861 sq ft of open-plan living with two balconies, a terrace and secure underground parking. The layout suits professionals or small families seeking central West London convenience with good transport links including Paddington and nearby Central Line stations.
The home features two double bedrooms, an en-suite bathroom and a separate shower room, plus an open-plan kitchen/reception room that opens onto outdoor space. A 24-hour concierge provides added security and convenience, and the exceptionally long lease (966 years) removes common leasehold concerns.
Buyers should note the apartment carries an above-average service charge (£8,000 p.a.) and a ground rent of £350. Broadband in the area is reported as very slow; those who work from home may need to explore alternative connectivity solutions. Local crime levels are high and the area is classified as deprived, factors to weigh against the many local amenities and transport connections.
Overall, this property offers turnkey, low-maintenance city living with outdoor space and parking — a strong option for professionals or investor buyers seeking a modern Paddington home with long lease security and clear costs to consider.
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