Queensway, Bayswater, W2
- SIZE AVAILABLE
3,056 sq ft
284 sq m
- SECTOR
3 bedroom mixed use property for sale
- USE CLASSUse class orders: sui_generis_1
sui_generis_1
Key features
- Freehold investment for sale
- Commercial let on a long lease for £120k p.a.
- Residential uppers all let on ASTs
- High footfall location
- Close to Hyde Park, Notting Hill and The Whiteley
Description
The high footfall and prime location ensure continuous demand, making it an attractive proposition for investors seeking both immediate returns and long-term growth.
The lower ground and ground floors consists of commercial spaces, let on a 15-year lease, benefiting from high footfall in the local area. Generating an income of £120,000 per annum. The uppers is residential and is made up of three one-bedroom apartments, all let on Assured Shorthold Tenancies (AST) to professionals and students, taking the total generated annual income to £200,400, with a potential to increase this rent over time.
This rare freehold building provides a reliable income stream, with all flats currently let to professionals and students. Situated in a prime position in Bayswater, a highly sought-after area known for its vibrant community and proximity to The Whiteley, Hyde Park and Notting Hill, ensuring strong demand for both residential and commercial spaces. The location also benefits from excellent access to public transport with Queensway and Bayswater Underground stations nearby, The property's enviable location and mixed-use nature offer opportunities for rental growth and capital appreciation.
Annual Footfall -
Queensway Station: Approximately 8.5 million entries and exits annually.
Bayswater Station: Approximately 5.5 million entries and exits annually.
Brochures
Queensway, Bayswater, W2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bayswater Station0.0 miles
- Queensway Station0.2 miles
- Royal Oak Station0.4 miles
Notes
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