# 3 bedroom flat for rent (W2 1JE)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 419, PENINSULA APARTMENTS, 4, PRAED STREET, LONDON, GREATER LONDON W2 1JE |
| Price | £4,000 pcm |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Last sold | £1,250,000 Jun 2025 |

## Description

Fox Gregory are pleased to present this three bedroom, two bathroom apartment. 

The property benefits from wooden flooring, fully fitted kitchen, air conditioning, private balcony, concierge & passenger lift. In addition, Peninsula Apartments is walking distance to the amenities of Paddington, Hyde Park & Marylebone. Offered furnished or unfurnished.

## Property Photos

- ![3 bedroom Flat for rent](/listings/photos/90023163/889560) - 3 bedroom Flat for rent
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## Rental Range

*ONS Price Index of Private Rents (Westminster). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £2,847/mo
- **Realistic:** £3,163/mo
- **Optimistic:** £3,479/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Central London (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £2,154/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Flat, Lisson St, NW1 | £3,600/mo | 3 | 0.21 miles | OpenRent |

**Average rent: £3,600/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £3,600/mo).*

- **Gross yield:** 1080%
- **Monthly cashflow:** £3,199/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3309.6%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)