Praed Street, London, W2
Description
A rare Freehold mixed-use development opportunity comprising a ground and basement retail unit, alongside three self-contained studio apartments. An excellent opportunity to acquire a five-storey mixed-use property requiring refurbishment and offering significant potential for value enhancement.
The ground floor and basement comprise a café/retail space, which has been unused for several years and now presents a blank canvas for reconfiguration, modernisation, or alternative use (subject to the necessary consents).
The upper three floors consist of three self-contained studio apartments, each offering independent living accommodation. These units provide an attractive opportunity for refurbishment and rental income generation or resale upon improvement.
The property is offered to the market with full vacant possession, making it ideal for owner-occupiers, investors, or developers seeking a versatile asset in need of modernisation. The property is situated on Praed Street (W2), a vibrant and well-connected thoroughfare in the heart of Paddington. The area benefits from excellent transport links, with Paddington Station (Elizabeth Line, National Rail, Underground) just a short walk away, providing rapid access across London and beyond.
The location is characterised by a mix of residential, hotel, and commercial occupiers, supporting strong footfall and demand for both retail and accommodation.
Hyde Park is also within close proximity, enhancing the area’s appeal for residents and visitors alike.
Freehold
Council Tax - F
EPC - ask agent
Map Location
Property details
- Tenure
- Freehold
- Council Tax Band
- F
- Date Posted
- 2026-06-22
Utilities & Restrictions
Utilities
- Electricity
- Ask Agent
- Water
- Ask Agent
- Heating
- Ask Agent
- Broadband
- Ask Agent
- Sewerage
- Ask Agent
Rights & Restrictions
- Public Rights of Way
- Ask Agent
- Private Rights of Way
- Ask Agent
- Listed Property
- Ask Agent
- Restrictions
- Ask Agent
Listed status, conservation areas and planning constraints for this location are in the full report.
Property Features
- Accessibility
- Ask Agent
- Parking
- Ask Agent
- Garden
- Ask Agent
Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.
Connectivity
Broadband
Fastest speed available at this postcode
1.8 Gbps
Gigabit full fibre · available to 54% of premises
Suitable for
- 4K streaming on every screen
- Full-time home working
- Online gaming & big downloads
Mobile signal
Predicted 4G and 5G signal; indoor signal depends on building materials.
Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.
Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.
Nearest Schools
Primary
- Ark King Solomon Academy424 metresOfsted: Outstanding
- Ages
- 2 to 18
- Pupils
- 1,319
- Type
- Academy sponsor led
- Hampden Gurney CofE Primary School501 metresOfsted: Good
- Ages
- 3 to 11
- Pupils
- 225
- Type
- Voluntary aided school
- Faith
- Church of England
- Christ Church Bentinck CofE Primary School546 metresNo Ofsted rating
- Ages
- 3 to 11
- Pupils
- 218
- Type
- Voluntary aided school
- Faith
- Church of England
- St Mary's Bryanston Square CofE School659 metresOfsted: Good
- Ages
- 2 to 11
- Pupils
- 166
- Type
- Voluntary aided school
- Faith
- Church of England
- St Edward's Catholic Primary School742 metresOfsted: Good
- Ages
- 3 to 11
- Pupils
- 199
- Type
- Voluntary aided school
- Faith
- Roman Catholic
Secondary
- Marylebone Boys' School393 metresNo Ofsted rating
- Ages
- 11 to 19
- Pupils
- 561
- Type
- Free schools
- Gender
- Boys
- Ark King Solomon Academy424 metresOfsted: Outstanding
- Ages
- 2 to 18
- Pupils
- 1,319
- Type
- Academy sponsor led
- The St Marylebone CofE School0.9 milesOfsted: Outstanding *
- Ages
- 11 to 18
- Pupils
- 1,181
- Type
- Academy converter
- Faith
- Church of England
- Gender
- Girls
- Westminster Academy0.9 milesOfsted: Good
- Ages
- 11 to 18
- Pupils
- 1,003
- Type
- Academy sponsor led
- Paddington Academy1 mileOfsted: Outstanding
- Ages
- 11 to 18
- Pupils
- 1,256
- Type
- Academy sponsor led
- Faith
- Christian
* Latest graded judgement covers quality of education only; no overall grade was issued under the 2024-25 inspection framework.
Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.
Schools are just the start: sold prices nearby, planning activity and any flood history are in the full report.
Amenities
Supermarket
GP surgery
Pharmacy
Hospital
Green space
Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.
The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.
Getting Around
Nearest station
Nearest bus stop
Typical drive times
Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.
Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.
Flood Risk
From Environment Agency flood map open data, checked around the advertised map pin and allowing for the listed acreage where known. This summary comes from LandSale, the advertising platform, not from the listing agent, and is not part of the agent's particulars. Risk can vary across a single holding, so verify anything critical through your own searches before committing.
Rivers and the sea
Surface water
Also mapped within the area searched, about 30 metres around the pin: a 1 in 30 or greater chance each year from about 10 metres and a 1 in 100 to 1 in 1000 chance each year from about 10 metres.
Higher risk nearbyThese bandings are the summary. Where this location sits on the flood maps, plus planning activity, heritage and ground risks, is in the full report.
Important notice: Information, maps and tags on this page are drawn from the advertising agent's marketing materials or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.
LandSale full disclaimer
Marketing information only - not formal particulars. The details on this website are provided for general guidance and do not constitute an offer or contract. Neither LandSale nor the advertising estate/land agent accepts responsibility for any inaccuracy.
1. Source of information
- Listing content: Core description, asking price, tenure, measurements, photographs and planning history originate from the marketing materials of the advertising estate or land agent. LandSale does not author this content and cannot guarantee its accuracy.
- Automated tags & categorisation: Property type, land-use class, acreage bands and similar labels may be applied by machine-learning models. They are intended as a helpful guide only and may not reflect the property's legal status or permitted use.
- Third-party & enriched data layers: Maps, boundary outlines, planning designations, soil reports, broadband coverage and other environmental or location-based insights are licensed from external suppliers. Such data are supplied “as is", may be incomplete or out of date and are subject to change without notice.
2. Verification required
Prospective purchasers must verify critical matters, including but not limited to planning permission, title boundaries, public rights of way, environmental constraints, acreage, services, access and VAT status, through their own inspections, specialist surveys, legal advisers and the selling agent before relying on the information or entering into any contract.
3. No warranty or liability
LandSale gives no warranty, express or implied, as to the accuracy, completeness or fitness for any particular purpose of the information displayed. LandSale shall not be liable for any loss, damage, cost or expense arising directly or indirectly from any use of or reliance on such information, save where liability may not be excluded by law.
4. Updates & feedback
If you believe any detail on this listing is inaccurate, please let us know. We will investigate and, where appropriate, update the listing or notify the agent.
© LandSale | Version 1.3 - August 2026
Listing agent
Cluttons, Hyde Park - Sales
23 Albion St, Hyde Park Pl, St George's Fields, London, W2 2AS
View agent profileSimilar properties for sale
- Price
- £1,050,000
Castlehaven Road, Kentish Town, London, NW1, Holborn and St Pancras, Camden NW1 England
Added on 11/09/2026Development Land
- Price
- £1,500,000
Added on 18/07/2026Development Land
- Price
- Offers in Excess of£1,200,000
Islington High Street, Islington, London, Islington South and Finsbury, Islington N1 England
Added on 07/09/2026Development LandLeasehold
- Price
- Guide Price£1,350,000
London, Bermondsey and Old Southwark, Southwark SE11 England
Added on 01/09/2026Development Land
- Price
- Guide Price£1,600,000
Mercers Road, London, N19, Islington North, Islington N19 England
Added on 24/06/2026Development Land
- Price
- Guide Price£1,400,000
Added on 17/07/2026Development Land
- Price
- Guide Price£1,250,000
Milton Road, London, N6, Hampstead and Highgate, Haringey N6 England
Added on 27/06/2026Development Land
- Price
- Offers in Excess of£1,200,000
- Size
- 0.05 acres
Haymerle Road, Southwark, London, Peckham, Southwark SE15 England
Added on 15/09/2026Development Land
Added on 10/09/2026Commercial Land
- Price
- £1,600,000
Granville Road, Finchley, London, N12, Finchley and Golders Green, Barnet N12 England
Added on 14/05/2026Development Land