Summary - Paddington Exchange, London, W2 W2 1BH
2 bed 2 bath Flat
Spacious modern flat with terrace and concierge in prime Zone 1 location.
7th-floor two-bed, two-bath apartment with en-suite master
Large private terrace approx. 90 sq ft off reception
Spacious 1,050 sq ft open-plan living and integrated kitchen
Zone 1 location — around 5-minute walk to Paddington Station
Long lease (987 years) — secure tenure
High annual service charge (£5,250) and ground rent (£750)
Community heating scheme; main heating not individual
Local crime levels recorded as high — consider safety and insurance
Set on the 7th floor of Paddington Exchange, this generous two-bedroom apartment offers 1,050 sq ft of contemporary living with a large private terrace (approx. 90 sq ft). The open-plan reception and integrated kitchen create a bright, sociable heart to the home, while the master bedroom benefits from an en-suite and fitted wardrobes. Concierge service and Zone 1 location put daily travel and local amenities within easy reach.
The apartment suits city professionals or buyers seeking an investment-grade central London flat. Paddington Station is about a five-minute walk, and the surrounding area provides cafés, restaurants, canal-side walks, and strong transport links. Several highly rated schools are within reach, including two state schools rated Outstanding.
Buyers should note clear cost and safety considerations: the property is leasehold (987 years remaining) with a high service charge (£5,250 pa), an expensive ground rent (£750 pa), and above-average council tax. The building uses a community heating scheme. Local crime levels are recorded as high — worth factoring into insurance and lifestyle choices.
Overall, the apartment delivers sizable, modern accommodation in one of central London’s most connected pockets. It offers immediate move-in potential and rental appeal, but ongoing annual charges and local crime figures are material factors for budgeting and long-term plans.
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