About this property

Wonderful opportunity to purchase an immaculately finished studio apartment in Paddington Basin.

The property has been finished to a high standard and is exceptionally well maintained. Situated on the 13th floor, the apartment is conveniently accessed via a lift.

The apartment has been thoughtfully designed throughout to maximise the sense of space. It features a well-appointed kitchen and dining area, which flows seamlessly into the sleeping area, creating a bright and practical living environment. There is also a well appointed three piece bathroom.

Situation
4 Merchant Square was completed in 2010, and is a popular portered building in Paddington Basin.

Nearby transport links include Edgware Road (Circle, District and Bakerloo lines), Paddington Station (Bakerloo, Hammersmith & City, Circle, District lines, National Rail and Heathrow Express and the new CrossRail / Elizabeth Line).

Modern Method of Auction
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £9,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

Property Ref Number:

Additional information

• Studio Apartment
• 13th Floor
• Kitchen/Dining area
• Bedroom Area
• Bathroom
• Lift
• Concierge
• 341 sq ft (31.7 sq m)

Key information

Council Tax Band: E

Tenure: Leasehold

Leasehold Information:

• Number of years left on lease: 967 years
• Annual service charge: £6,000
• Annual ground rent: £700
• Annual ground rent review period: Contact branch
• Ground rent increase: Contact branch

Energy Performance Certificate