Gorgeous one bedroom one bathroom apartment priced at £490,000 available at Porchester Square, one of London's prettiest garden squares.
If you are looking for property for sale in Paddington, this elegant apartment which attracts an annual service charge of below £1,000 and ground rent charge of £10 is sure to appeal.
2. Porchester Square is a collection of fine
19th century townhouses arranged around
one of London’s prettiest garden squares,
lying between the Paddington and
Bayswater neighbourhoods in the City of
Westminster.
The square itself is a beautiful oasis of calm,
with flowering cherry trees and majestic
London Plane trees.
Porchester Square, W2
3. Central London estate agent Citywest
Residential is pleased to be marketing a
one bedroom, one bathroom flat in
Porchester Square, priced at £490,000.
Coming with an attractively long lease
(125 years) this property for sale in W2
provides spectacular views of Porchester
Square. In need of modernisation, it
presents a wonderful opportunity for
you to create a dream home.
Attracting a service charge of just
under £1,000 per annum and a £10 per
year ground rent charge, this lovely
Paddington property is a steal.
Porchester Square, W2
4. Paddington property is keeping pace with
the area’s regeneration prospects, with an
influx of new apartments being built as part
of the Paddington Central and Paddington
Basin developments.
Despite a deluge of all things shiny and
new, some of the best Paddington
properties are from times gone by.
Buyers can choose from a myriad of
historical periods and architectural styles,
including period fronted apartment blocks,
white stucco Victorian terraces, railway
workers’ cottages, quaint mews houses
and post WWII dwellings.
The Paddington property market
5. Paddington’s skyline could be changed
forever if plans from the Sellar Property Group
and Great Western meet with local council
approval.
Their new skyscraper proposal could bring
improvements to public space and the local
Tube station as well as stunning flats for sale.
House prices in Paddington have largely
remained stable over the past 12 months
although values have risen sharply.
According to Rightmove data, the average
Paddington property was worth £984,796 in
2013. Today (April 2016), the overall average
price stands at £1.1 million.
The Paddington property market
6. Paddington has a rich and interesting
history that is irrevocably linked to
Isambard Kingdom Brunel and a fluffy bear
from Peru.
The neighbourhood, however, has its eyes
firmly fixed on the future. Regeneration is
happening at a rapid pace and its phoenix-
like rebirth has already prompted
Vodafone, AstraZeneca, Prudential,
Novotel, Marks & Spencer and Virgin
Active to relocate to W2.
A little more about Paddington itself
7. Behind the regeneration is British Land
and its Paddington Central development –
a collection of new offices, apartments,
retail facilities, shops and public realm.
Come 2018, Paddington will also be on
the Crossrail route, with a new station
under Eastbourne Terrace.
A little more about Paddington itself
8. Paddington Basin - where the Grand
Junction Canal and Regent’s Canal meet –
is home to events such as paddle
boarding, dragon boat racing and classic
car shows.
Over at Paddington Central, there’s a full
programme of events from a running club
to pastel drawing classes, with pop-up
food markets, film screenings and an
amphitheatre adding to the community
vibe.
Love culture? Paddington has tons to
offer, including the Alexander Fleming
Laboratory Museum and the Paddington
Public Art Trail.
Paddington life
9. Eating and drinking options can be found
inside Paddington Station as well as
scattered throughout the neighbourhood,
with The Union Bar & Grill, Kupp, The
Grand Union, Itsu, Tossed, Beany Green,
Pizza Express, Yo! Sushi, The Victoria pub,
The Royal Park Hotel and The Heron all
well frequented.
For retail therapy head for Praed Street,
Kendal Street, Connaught Street and The
Whitleys Centre for a mix of high street
names and independent stores.
To arrange a viewing to the one bedroom
apartment for sale at Porchester Square,
W2 contact us today.
Paddington life
10. CityWest Residential letting agents specialise in Property For Sale in Westminster , SW1P and from our
two central locations we cover the whole of Westminster and Central London.
Get in touch for a free valuation of your property or to register as a buyer or as a tenant with us.
CWRVictoriaSW1
21GrosvenorPlace
LondonSW1X7EA
+442072452222
CWRStJohn’sWoodNW8
23WellingtonRoad
WarmSeasHouse
LondonNW89SL
+442072452666