Large one-bedroom lateral apartment with parking and concierge in Paddington Basin — strong rental appeal.
24-hour concierge and three communal roof terraces
Secure underground garage parking included
Spacious 819 sq ft one-bedroom lateral apartment
Long lease: 968 years — no near-term lease issues
Comfort cooling and electric underfloor heating throughout
Area has high crime rates and classified as deprived
Council tax above average — expect higher annual costs
Built c.2003–2006 with double glazing and modern construction
Located in Paddington Basin’s Marshall Building, this 819 sq ft one-bedroom apartment combines modern finishes with strong rental appeal. The second-floor lateral layout includes an open-plan reception with fitted kitchen, private balcony, generous bedroom with built-in wardrobes, bathroom and a utility/storage cupboard. Residents benefit from 24-hour concierge, lifts, comfort cooling and access to three communal roof terraces.
The building offers secure underground parking (garage) — a notable asset in central London — plus excellent mobile signal and fast broadband, supporting short-let or professional tenancies. The property was constructed c.2003–2006 and has double glazing; the long lease (968 years) removes a common leasehold buying concern.
Buyers should be aware of material local factors: the area records higher-than-average crime and is classified as deprived, which can affect tenant mix and long-term capital growth. Council tax is above average and the property’s main fuel and heating are electric, which may mean higher running costs compared with gas-heated homes.
This apartment will suit investors targeting central-London professionals or an owner-occupier wanting concierge-led city living with parking. It offers straightforward management and immediate let-ready appeal, while prospective purchasers should factor in local area dynamics and energy costs when assessing yield and resale prospects.
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