Living in Paddington
Over the last 16 years Paddington has undergone a huge transformation with grand commercial and residential regeneration projects giving rise to many investment opportunities and the property market within this area is now booming.
Paddington Basin is home to many modern purpose built blocks built around the end of the Grand Union Canal. Finished to a high specification, these apartments normally have the added benefit of 24 hour porters and underground parking as well as being ideally located for the numerous transport links of Paddington Station and the close proximity to the Hyde Park.
The surrounding streets are an eclectic mix of terraced houses or converted flats, all benefiting from the local restaurants and shopping amenities of Praed Street.
The area of Paddington is probably best known for the international train station designed by Isambard Kingdom Brunel and for Paddington Bear, the much-loved marmalade sandwich eating children’s book character created by Michael Bond, both immortalised with statues located in the station.
Currently this central transportation hub connects the capital to the South West of England and on to South Wales as well as an abundance of tube connections across London as well as offering fast connections to Heathrow Airport via the Heathrow Express . The arrival of Crossrail in 2018, which will offer faster journey times across London to Canary Wharf via Bond Street, Tottenham Court Road, Farrington, Liverpool Street and Whitechapel, has fuelled the regeneration of the area where, along with the residential and business expansion, Paddington Basin now offers a variety of restaurants and wine bars where you can dine with a waterfront view and with further restaurants a short walk from the station along the colourful Regent’s Canal leading to the area of Little Venice. Whilst strolling through the Basin, keep an eye out for the Rolling Bridge, which won the British Structural Steel Design Award in 2005 which curls like a caterpillar across the canal, and Paddington’s newest landmark, the Fan Bridge at Merchant Square, which has the action of a traditional Japanese hand fan.
Paddington is also a short stroll away from the green open spaces of Hyde Park and Kensington Gardens offering numerouse leisure amenities based around the Serpentine Lake and is convenient for the local shopping areas of Praed Street, Westbourne Grove and Edgware Road as well as the internationally renowned shops of Bond Street and Regent’s Street.
Why use Knight Frank?
Working with our international teams at our global headquarters in Baker Street and with 370 offices across 57 counties our team at Hyde Park can help you find the best buyer or tenant for your home. We offer first class service, discretion and in depth local knowledge of Paddington and the surrounding areas and are perfectly positioned to help you with all your current property requirements.
Call Knight Frank Hyde Park for personal, valued advice regarding any property related matter. Whether it is a request for a valuation of your home to sell or to rent or for an informal chat, call us on or pop into our office.