Barge 2 Paddington Basin, North Wharf Road, London, W2 1NW

UPRN:10033526946Flat/Maisonette2 bedsBuilt -

LeaseholdCouncil Tax: -EPC: -

Data freshness:Listing· freshPlanning· 4mo agoOwnership· freshRisk· 5mo agoConnectivity· 1mo agoSchools· 1mo agoAmenities· 2mo agoArea· Census 2021

Barge 2 Paddington Basin, North Wharf Road, London, W2 1NW

HP Score

/ 100

Mixed

Verdict

yesterday

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate

Evidence

15 of 21 sources

Sale Estimate

£1,094,000

£985k - £1.20MMedium

Estimate

£1.09M

Range

£985k – £1.20M

Rent Estimate (pcm)

£4,650

£4k - £5k

Monthly

£4,650

Yield

5.61%

Verdict

Derived from HomePortfolio scores

Barge 2 Paddington Basin earns an INVESTIGATE rating with HP Score 58/100. Investment score 60/100 reflects moderate fundamentals. Crime intensity is elevated. Walkability is excellent (97/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesPortal listingsOfcom Connected NationsMarket estimates (third-party AVM)Defra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry covenantsHM Land Registry leasesPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

58/ 100

Mixed

Investment Score

60/ 100

Moderate

100

Crime Score

100/ 100

Elevated

Walkability

97/ 100

Excellent

Transit & Bike

Transit 100Bike 73

Walk Score, out of 100

Opportunity

Not scored as an opportunity

We will not put a number on this one.

10 live adverts with different prices, types or bedrooms on one UPRN (£785,000-£1,950,000) - several homes collapsed onto one address, so the UPRN's valuation describes none of them

Withholding a score is deliberate. A number built on missing or stale inputs would look more certain than the evidence allows.

Economics

What happens to your money

Your assumptions

Purchase price£995,000

At the asking price

Monthly rent£4,650/mo

Evidenced range £4,200-£5,100

Interest rate5.4%

Loan to value75%

Cash required: £343,050
Net cash flow: -£139/mo
Cash on cash: -0.5%
Score at this price: -

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 1.38 - clears the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion

Property risk deep-dive →flood, subsidence, crime, environment - the full domain

Plan

Before you offer

1. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Every step above was generated from a specific gap or flag in the evidence - no generic advice, no invented tasks.

Valuation & Market

Sale Estimate£1,094,000

Rent Estimate (pcm)£4,650

Gross Yield5.61%

1y Growth-

3y Growth-6.8%

5y Growth-4.2%

10y Growth-0.3%

Last Sold Price-

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceSignificant
RadonLow
MiningUnknown
LandslideLow
Air QualityLow
NoiseModerate

View Full Risk Report

Planning Activity

Recent Apps

0W2 1NW

Approval Rate

-12mo

Development

low

26/07418/FULL
Refurbishment and internal reconfiguration of the existing single dwelling, including the adaptation of the existing basement vaults beneath the private forecourt through the lowering of the existing vault floors to provide additional habitable accommodation, external works comprise the installation of two new timber sash windows within the existing front lightwell, the upgrading of the existing timber sash windows with slim-profile double glazing, the replacement of the existing front entrance door with a timber door to match the character of the property, alterations to the front lightwell including Yorkstone paving, and associated internal and external works.
Pending
26/07384/FULL
Provision of an external central access corridor to connect blocks B, C and D.
Pending
26/07371/FULL
Amalgamation of two residential units with internal refurbishment and reconfiguration. (Linked with 26/07372/LBC)
Pending

View Planning Timeline