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3 bed flat to rent

£7,778 pcm (£1,795 pw)

Merchant Square, London W2

3 bed flat to rent 3 2 1
Interested in this property? Call +44 20 3478 3494 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Flexible rental terms
  • Concierge service
  • Paddington railway station
  • Lifts
  • CCTV
  • Available furnished & unfurnished

Property description

This large three double bedroom apartment has spacious living and entertaining space with a beautiful reception room, offering breath-taking views over London and the Paddington Basin. It also comprises a striking modern open plan kitchen, three spacious bedrooms, two luxurious bathrooms and ample storage space. This prestigious building set off Paddington Basin features a concierge, lift service, CCTV and secure underground parking. Residential Land also offer exclusive deals and discounts in local restaurants and gyms specifically to 4B Merchant square tenants. Please contact the building manager for more information. The apartment offers easy access to superb transport links such as Paddington Train Station (Bakerloo, Hammersmith & City, Circle, District lines and Heathrow) Edgware Road (Circle, District and Bakerloo lines).

Fees & Charges: Tenancies exceeding £100,000 Per annum £480 inc VAT, Tenancies where a company is a tenant £480 Inc VAT.

Property info

Floorplan(s): Floorplan.Jpg

Floorplan.Jpg View original

Property value data/graphs for W2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £7,529,938 £2,212 4.9 £3,375,000
Semi-detached £4,210,461 £1,351 4.5 £3,637,500
Terraced £2,600,275 £1,338 3.6 £2,823,856
Flats £1,089,293 £1,203 2.0 £1,414,023

Current asking prices in W2

Average: £1,623,766
Avg. current asking prices in W2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £901,250
(4)
£1,917,500
(18)
£2,654,083
(24)
£3,608,472
(36)
£3,950,000
(18)
Flats £675,243
(313)
£1,211,754
(403)
£2,180,452
(211)
£3,764,667
(48)
£4,983,333
(15)
All £678,095
(317)
£1,241,929
(421)
£2,228,823
(235)
£3,697,726
(84)
£4,419,697
(33)

Current asking rents in W2

Average: £5,419 pcm
Avg. current asking prices in W2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £3,443 pcm
(18)
£5,517 pcm
(15)
£6,960 pcm
(15)
£15,998 pcm
(36)
£31,590 pcm
(5)
Flats £3,411 pcm
(530)
£4,946 pcm
(502)
£7,034 pcm
(446)
£11,090 pcm
(42)
£14,026 pcm
(9)
All £3,412 pcm
(548)
£4,963 pcm
(517)
£7,031 pcm
(461)
£13,355 pcm
(78)
£20,299 pcm
(14)

Fun facts for W2

Highest value in W2
Highest value streets Zed-Index
Lancaster Gate £3,987,693
Albion Close £3,483,292
Radnor Place £3,149,018
Bark Place £3,110,567
Albion Street £2,976,423
Highest turnover in W2
Highest turnover streets Turnover
Frederick Close 50.0%
Fulton Mews 40.0%
St. Stephens Mews 30.8%
Northumberland Place 23.1%
Radnor Place 21.4%
Arrange Viewing

For more information about this property, please contact
Napier Watt, W1J on +44 20 3478 3494 * (local rate)

Monthly running costs Beta

£7,961 Monthly total

Home Insurance

Contents value up to £100,000 Average insurance cost £76/mo (£913/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £30 Electricity £46 Estimated energy cost £76/mo

Similar properties could save up to £203

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 11400 kWh/year
Electricity: 3400 kWh/year

Source: National Energy Efficiency Data Framework

Water

Supply £16 Sewerage £15 Estimated water cost £31 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Rent

Rental cost £7,778 /mo

Could you afford to buy?

Paying a mortgage can sometimes cost less than renting. Use this calculator to work out what properties you could afford to buy for the same monthly amount you'd pay in rent.

Monthly payment
Deposit
Interest rate 1.5
Repayment term 35
You could afford £ est. How Much Could I Borrow In partnership with money.co.uk

These results are not provided by money.co.uk and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Contact Napier Watt about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Napier Watt, and do not constitute property particulars. Please contact Napier Watt for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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