Summary - APARTMENT 509, 3, CANALSIDE WALK W2 1GT
2 bed 2 bath Apartment
Concierge, rooftop gym and private balcony minutes from major transport links.
Spacious open-plan reception with floor-to-ceiling windows and canal views
Private south-facing balcony overlooking the water
Principal bedroom with en suite and built-in storage
Residents concierge, rooftop lounge, gym and business centre
Lift access, comfort cooling, integrated kitchen appliances
Long lease (995 years) — negligible lease length concerns
High service charge £12,516 pa and ground rent £750 pa
Local area records very high crime; council tax rated expensive
Set on the canal in Paddington Basin, this two-bedroom apartment delivers bright open-plan living with a private balcony and direct waterside views. Floor-to-ceiling glazing and engineered wood floors create a generous, light-filled reception that connects smoothly to a contemporary integrated kitchen. The principal bedroom includes built-in storage and an en suite; a second bedroom and family bathroom complete the accommodation within about 819 sq ft.
Residents benefit from extensive on-site amenities: concierge, rooftop lounge with skyline views, landscaped terraces, a rooftop gym and business centre. The building has lift access to all floors, comfort cooling and excellent transport links via Paddington Station (Elizabeth Line, Heathrow Express and Underground), making the property well suited to city professionals or buy-to-let landlords targeting short- to medium-term lets.
Buyers should note the material running costs: an annual service charge of £12,516 and ground rent of £750. Council tax is described as expensive and heating is provided via a community scheme, which may affect bills and control. The lease is long (995 years), reducing typical leasehold concerns, but the local area records very high crime levels and some indicators of deprivation — factors to weigh for owner-occupiers and investors alike.
Overall, this is a modern, well-equipped waterside home offering strong location-driven upside and rental appeal, offset by significant service charges and local safety considerations. Viewing is advised to assess noise, communal condition and the day-to-day cost implications before purchase.
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