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Sheldon Square, Paddington, London, W2

London

£2,950,000
Listed on 14/04/2026

Property Details

Bedrooms
5
Type
Penthouse
Area
4123 sqft

Description

This expansive penthouse presents a unique opportunity to transform an untouched shell into a bespoke living space tailored to your vision. Spanning an impressive 4,123 square feet, this property is positioned advantageously within the heart of Paddington, offering breathtaking views of the city skyline and Paddington station rooftops. The layout allows for significant customization, with the potential for five bedrooms and five bathrooms alongside a generous panoramic reception area bathed in natural light year-round. The flexible internal structure permits the removal of walls to create an open-concept space, making it ideal for modern living. Essential services such as plumbing and electrical systems are already in place around the central lift shaft. Notably, the elevated ceiling heights provide a sense of grandeur not typically found in contemporary constructions. Envision luxurious amenities in each bedroom, particularly the principal suite which boasts enviable views towards the west end. This could include features such as a freestanding roll-top bath and expansive walk-in dressing rooms. Additional accommodation can be designed for staff or guests at one end of the home, enhancing versatility. Entertainment options abound with designated spaces for both cinema viewing and leisure activities, alongside an open kitchen perfect for culinary enthusiasts. Moreover, a substantial roof terrace offers endless possibilities for outdoor entertaining or private relaxation, capable of becoming your urban oasis. Located within Sheldon Square, you will benefit from vibrant local culture complemented by restaurants and events that draw both residents and visitors alike. With Paddington Station just moments away, transport links to central London and beyond enhance this property's attractiveness as a prime investment opportunity.

Investment Analysis

(W2 area)

Below Market Value

This property is priced -40.0% below area average per sq ft

-40.0%
Potential saving
This Property
£715/sq ft
Area Average
£1,193/sq ft
Avg Rent (weekly)
£1,001
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£500,000 - £800,000
Target Value
£5,411,066
10% above area average per sq ft
Potential ROI
+44.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
2%
Properties sold annually

Local Market Trend (W2)

Area prices are falling by -16.8% over the last 12 months
3 year growth: -21.5%
5 year growth: -19.1%
Investment Disclaimer: Analysis based on W2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Sheldon Square, Paddington, London, W2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£10,448
Based on a loan of £2,212,500 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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