W2 1PW
Hermitage Street, London, W2
A superb one bedroom apartment in Paddington W2, ideally positioned within a modern purpose-built development with 24-hour concierge and lift access. Situated on the first floor, this well-presented property offers contemporary living in one of Central London’s most connected and high-demand rental locations.
The apartment comprises a bright and spacious open-plan kitchen and living room with wooden flooring and a fully fitted modern kitchen, perfect for entertaining or relaxing. The generous double bedroom features a fitted wardrobe and direct access to a private balcony.
This is an excellent opportunity for a first-time buyer seeking a Central London home, or a buy-to-let investor looking to capitalise on strong rental demand from professionals working in the City and West End, as well as students attending nearby world-renowned universities.
Located within the sought-after Munkenbeck Building on quiet Hermitage Street, the property is moments from Paddington Station, offering outstanding transport links including:
Bakerloo Line, Circle Line, District Line, Hammersmith & City Line, Elizabeth Line, National Rail services, Heathrow Express (approx. 15 minutes to Heathrow Airport)
Additional nearby stations include:
- Edgware Road Station
- Lancaster Gate Station
- Marble Arch Station
Residents benefit from immediate access to Paddington Basin, a vibrant canal-side destination offering shops, cafés, restaurants and bars, while the A40 provides convenient road access in and out of London.
Tenure: Leasehold
Lease Remaining: 968 Years
Ground Rent: £150 per annum
Service Charge: £5,830 per annum + Reserve Fund Contribution: £749 per annum
Council Tax Band: E
Some photographs contain CGI enhancements for marketing purposes.
All prospective purchasers are advised to make their own enquiries via a solicitor.
How the asking price has moved
What similar homes actually sold for
Nearby Land Registry transactions — the data behind our fair price estimate.
| Address | Sold price | Date | Type |
|---|---|---|---|
| Flat 109, MUNKENBECK BUILDING, 5 HERMITAGE STREET, W2 1PW | £475,000 | Mar 2026 | Flat |
| Flat 110, MUNKENBECK BUILDING, 5 HERMITAGE STREET, W2 1PW | £545,000 | Mar 2026 | Flat |
| Flat 503, MUNKENBECK BUILDING, 5 HERMITAGE STREET, W2 1PW | £195,000 | Mar 2025 | Flat |
| Flat 502, MUNKENBECK BUILDING, 5 HERMITAGE STREET, W2 1PW | £860,000 | Dec 2024 | Flat |
| Flat 5, MUNKENBECK BUILDING, 5 HERMITAGE STREET, W2 1PW | £515,000 | Oct 2024 | Flat |
| Flat 410, MUNKENBECK BUILDING, 5 HERMITAGE STREET, W2 1PW | £705,000 | Dec 2023 | Flat |
| Flat 802, MUNKENBECK BUILDING, 5 HERMITAGE STREET, W2 1PW | £830,000 | Jun 2021 | Flat |
| Flat 409, MUNKENBECK BUILDING, 5 HERMITAGE STREET, W2 1PW | £630,000 | Jun 2018 | Flat |