United Kingdom Sotheby’s International Realty (UKSIR) has set a record for the highest value sale and highest £ per sq ft achieved in Paddington and the immediate surrounds year-to-date.
UKSIR sold a six-bedroom residence in Paddington’s Merchant Square, achieving an offer in excess of the guide price of £7,500,000 for the property.
Merchant Square in Paddington, London, is a vibrant mixed-use development located in the heart of the Paddington Basin area.
It combines residential, office, and retail spaces with a variety of leisure and dining options, making it a popular spot for both residents and visitors.
HIGH-END LIVING
The square includes luxury residential buildings, such as The Water Gardens and The Merchant Square apartments, offering high-end living with amenities like rooftop terraces and concierge services.
In London it exemplifies modern urban living with its blend of luxury, convenience, and community-focused spaces, making it a key feature of Paddington’s ongoing transformation.
REMARKABLE MILESTONE
Alice Chan, Director – Sales, UKSIR, says: “Selling this unique six-bedroom residence in Paddington was a remarkable milestone.
“Custom-designed by the client from three amalgamated units, the property set a building record, achieving the highest price per square foot, also the highest in the area in recent years.”
And she adds: “Despite being listed with three agencies over 18 months, it was through United Kingdom Sotheby’s International Realty that we secured an offer that exceeded the asking price – a rare feat in today’s market.
“This sale underscores our strength in delivering exceptional results for extraordinary properties.”
