At Able Surveyors, we have an established professional team at your disposal serving private and commercial property clients in Paddington, London W2. Our surveyors have 25+ years’ experience of dealing with a vast range of properties ranging from bijou city pads to period townhouses, contemporary homes to new-build flats, having acquired a wealth of local knowledge across London and the Home Counties.
Whether you are considering a RICS property survey to inform a residential property purchase, or you require assistance with contract administration or a stock condition survey for your property portfolio, why not give Able Surveyors a call on 0207 164 6628.
Property in Paddington W2
A strategically located urban area of West London in and around Paddington Station, Paddington has a wealth of property choices on offer.
Properties here fetch an average of £1,224,429. This is similar to nearby Bayswater (£1,282,580), less expensive than Hyde Park (£1,576,272) but more expensive than Little Venice (£1,054,568). This compares with an average London property price of £624,714.
Flats in Paddington are selling for an average of around £504,710 while terraced houses are fetching an average of £2,680,406.
Property Services
Able Surveyors are a team of experts 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. We 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.
FAQs
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.
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.
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?
Contact Us
To find out more about any of our services, or to arrange for a survey for your Paddington property, please get in touch with Able Surveyors. Contact us by email info@ablesurveyors.co.uk or telephone 0207 164 6628 and we will be happy to assist.
| Condition Report Starts at £445 +VAT |
HomeBuyer Report Starts at £450 +VAT |
HomeBuyer Report with Valuation Starts at £500 +VAT |
Building Survey 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) |
✕ |
✕ |
✓ |
✕ |