Paddington Station is a major railway and underground station in London. The station is in central London and close to Bayswater and Marylebone.Read More. Paddington Station, also known as Paddington Underground Station or Paddington Railway Station, is a major railway and underground station in London. The station is in central London and close to Bayswater and Marylebone. Paddington Bear arrived at Paddington Station when he first came to London.