Hermitage Street, Paddington, W2
By Chestertons Estate Agents
£ 1,200,000
Reviews
4 out of 5 stars
Chestertons Estate Agents says ..
This stylish two-bedroom apartment, located on the third floor of a sought-after contemporary building with porter services, offers modern living at its best. The spacious principal bedroom provides ample space, while the second bedroom
Property Oracle says ..
The property is a 2 bedroom flat located on Hermitage Street in Paddington, W2, with a list price of £1,200,000. The flat is 924 sqft and has a plot size of 894 sqft.
The location is excellent, situated in the desirable Paddington area of Westminster, known for its proximity to Hyde Park, excellent transport links (Paddington Station is 0.38km away), and a good selection of schools nearby. Several highly-rated schools are within a short distance, including L’Ecole Bilingue Elementaire (Outstanding Ofsted rating). This makes the property attractive to families and professionals alike.
Based on the images provided, the property appears to be in excellent condition. It is modern, well-maintained, and benefits from contemporary fixtures and fittings. The kitchen and bathroom are stylish and recently updated. There is no evidence of wear and tear or the need for renovation.
The property includes a balcony, which adds to its appeal. While not a large garden, it provides some outdoor space, a valuable asset in a city location.
Considering the average price per sqft in the area is £1,581, and the property is listed at £1,200,000 for 924 sqft, the price seems reasonable. While slightly below the area average price, this is understandable given the smaller size compared to other properties in the area. Nearby comparable properties support this assessment, with prices ranging from £840,000 to £2,200,000. The price reflects the property’s modern condition, desirable location, and the inclusion of a balcony.
Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 10
- Location
- 10
- Land
- 6
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 924.00
- Lot (est)
- 894.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 1,276,398.00 £Decreased by 24.34 %
- Est sale value
- 1,244,628.00 £Increased by 18.57 %
- Average area rental value
- 2,120.00 £/moDecreased by 9.05 %
- Est letting value
- 1,848.00 £/moIncreased by 100.00 %
- Est rental Yield
- 1.99 %Increased by 19.88 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Chestertons Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Marylebone Boys' School | Free Schools | Good | 0.15 KM |
| United Colleges Group | Further Education | Requires improvement | 0.23 KM |
| L'Ecole Bilingue Elementaire | Other Independent School | Outstanding | 0.25 KM |
| Hospital Home And Education Units Co St Mary'S Hospitial Tuition Unit | Miscellaneous | 0.30 KM | |
| Paddington Green Children'S Centre | Children's Centre Linked Site | 0.49 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Westway | £ 0 | 0 | 0.00 KM |
| North Wharf Road Footbridge | £ 0 | 0 | 0.00 KM |
| North Wharf Road | £ 5,558,333 | 0 | 0.00 KM |
| A4206 | £ 0 | 0 | 0.00 KM |
| Porteus Road | £ 560,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Paddington | 3087 | PAD | 0.38 KM |
| Marylebone | 1475 | MYB | 1.45 KM |
| South Hampstead | 1451 | SOH | 2.48 KM |
| Kilburn High Road | 1415 | KBN | 2.71 KM |
| Finchley Road And Frognal | 1445 | FNY | 3.54 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Hermitage Street, Paddington, W2 | £ 1,200,000 | BUY | 8 / 10 | 0.00 KM |
| Paddington Exchange, London, W2 | £ 1,280,000 | BUY | 7 / 10 | 0.01 KM |
| Paddington Exchange, London, W2 | £ 2,000,000 | BUY | 7 / 10 | 0.01 KM |
| Paddington Exchange, London, W2 | £ 1,800,000 | BUY | 6 / 10 | 0.01 KM |
| Paddington Exchange, Paddington, W2 | £ 2,200,000 | BUY | 6 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 21 St Marys Terrace | £ 840,000 | 0.24 KM |
| 9 St Marys Terrace | £ 2,760,000 | 0.24 KM |
| 7 St Marys Terrace | £ 1,300,000 | 0.24 KM |
| 2 Hogan Mews | £ 800,000 | 0.25 KM |
| 8 Hogan Mews | £ 1,462,500 | 0.25 KM |