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For Sale 2 Bedrooms 2 Bathrooms 1 Reception £1,499,999

Paddington, W2 - £1,499,999

  • Two bed/ Two bath
  • 10th floor
  • 941 sq ft
  • High specification
  • Concierge

2 bed/ 2 baths

10th Floor

c941 sq ft

Winter garden balcony

Stunning views

Aspect: North

Service Charge: Estimated £6.50 psf per annum

Ground Rent: Estimated £500 per annum

Developer: European Land & Property Ltd

Comes with the benefit of vacant possession or with a tenant in place

Leasehold: C.980 year lease

Merchant Square in Paddington Basin is an innovative high quality development of several buildings incorporating residential, commercial and retail.
* Sizes listed are approximations. Please contact the agent to verify actual sizes.
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Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.


Letting Fee Information

Included in your Tenancy Fee & Charges

Holding Fee
£600 will be requested upfront as a sign of your commitment. Once received the property will be withdrawn from the market and all outstanding viewings will be cancelled. This amount will be deducted from your six week’s security deposit payment.
PLEASE NOTE The holding deposit is non-refundable if references are declined, or if you decide to pull out of the process.

Administration Fee
£384 for each property including referencing fee for up to three tenants. £50 for each additional tenant thereafter

Change of Tenant or Additional Tenant
£100 administration fee for a new tenancy agreement £50 for each new or additional tenant

Renewal Fee
£150 will be charged to cover our administration costs

Check Out Fees
1 Bed £120 - 2 Bed £130 - 3 Bed £140 - 4 Bed £160 – 5 Bed £180
If organised directly by the landlord, these fees may be subject to change

Security Deposit
A deposit will be taken before move in at the equivalent of 6 weeks rent. This may change depending on the landlords circumstances or if pets are added to the tenancy.