Able Surveyors have an established, professional team ready and waiting to serve both private and commercial property clients in Paddington, London W2. The expert team at Able Surveyors have a vast collected knowledge regarding the vast range of properties found in the Paddington area ranging from the bijou city pads and period townhouses to the contemporary homes and new-build flats as well as a wealth of local knowledge regarding the capital and the Home Counties all thanks to their 25+ years’ worth of experience serving within the local areas.
Whether considering a RICS property Survey to inform a residential property purchase, or you require assistance with contract administration or a stock condition survey to cover your property portfolio, why not give the team at Able Surveyors a call?
Property in Paddington W2
Strategically located around the well know Paddington Station, the urban area of Paddington has a wealth of property to offer.
Properties around the Paddington area fetch on average around £1,224,429 which is higher than the average City property price of £624,714. Paddington’s price range is similar to nearby Bayswater which has an average of £1,054,568. Is less expensive than Hyde Park at £1,576,272 and is more expensive than Little Venice sitting at £1,054,568.
Flats around Paddington are selling for an average of roughly £504,710, whilst terraced houses are fetching the average price of £2,680,406.
Property Services in Paddington
Able Surveyors are a team of experts who are able to provide a wide range of property surveys and management services to help you with the purchase and maintenance of your Paddington property asset.
Home buyers can benefit from the full range of RICS surveys: Condition Report, HomeBuyer Report or Building Survey. They can also carry out Specific Defect Surveys, snagging lists and Damp Reports to give you professional documentation on identified areas of concern.
Property investors hoping to develop their portfolio and maximise returns may require assistance with contract administration and cost management services, or stock condition surveys to inform running maintenance schedules.
Contact Us
For further information regarding any of Able Surveyors services, or to arrange for a property survey for a house or apartment in and around the Paddington area, why not contact Able Surveyors by emailing info@ablesurveyors.co.uk or calling their office on 0207 164 6628 to speak to the team directly.
FAQs
- Why you should get a survey before you buy
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In the UK, property transactions abide by the principle of caveat emptor, translating to – the buyer to detect faults or defects within a building before committing to the purchase.
Should you choose not to have a professional survey, perhaps thinking that a quick glance over the building by someone with an untrained eye will be enough and save money into the bargain, you could be making a big mistake. It is not uncommon for new homeowners to have to pay substantial amounts to rectify major building issues such as damp or roof problems that they had not anticipated. A professional property survey would have identified these and other types of issues, while the cost of remedial work could have been negotiated off the original purchase price, potentially saving you large amounts of money.
- Why a mortgage valuation report is not sufficient
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Many property buyers believe that a mortgage valuation is all that’s required for their peace of mind. However, this is not the case. A mortgage valuation is designed for the benefit of the lender, to ensure that the property in question exists and is worth the amount being borrowed. A mortgage valuation will not give any information regarding the structure of the building or any legal issues. You will need to commission a surveyor’s report.
- Which property survey is best?
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There are many different types of property survey, and the right choice will depend on the age, condition and method of construction of the building. Of all the RICS property surveys, the RICS Building Survey is the most thorough investigation and report. If you are thinking of buying an older/period property or a building that will need major renovation works, this is likely to be the best solution. However, if you are considering the purchase of a well looked after modern home or a new-build property, a RICS HomeBuyer Report may suffice.
Able Surveyors has a team of expert surveyors who are happy to discuss the property you are looking to buy. We will recommend the most appropriate survey for your requirements. In the meantime, why not use our comparison table to gain a clearer insight of what each type of survey contains?
VALUATION REPORT STARTS AT £350 +VAT
HOMEBUYER REPORT (RICS HOME SURVEY LEVEL 2) STARTS AT £450 +VAT
HOMEBUYER REPORT (RICS HOME SURVEY LEVEL 2) WITH VALUATION STARTS AT £500 +VAT
BUILDING SURVEY (RICS HOME SURVEY LEVEL 3) STARTS AT £550 +VAT
A visual inspection of the property to access condition
✕
✓
✓
✓
Detailed visual inspection for hidden defects
✕
✕
✕
✓
A “traffic light” grading system is used to indicate defects severity.
✕
✓
✓
✓
Identifies legal issues disputes pertaining to the property
✕
✓
✓
✓
Informed recommendations for repair options
✕
✕
✕
✓
Technical details of building construction and materials provided
✕
✕
✕
✓
Identifies future maintenance requirements
✕
✓
✓
✓
Mortgage valuation / reinstatement cost
(Where not included this can be provided separately)
✓
✕
✓
✕
Additional Drone Survey
(for a more detailed view of a properties roof)
✕
+£300
+£300
+£300
