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4 bedroom house for sale
Queensway, Bayswater, London W2
£4,500,000
Queensway, Bayswater, London W2
£4,500,000
Our Summary
- This property offers a unique investment opportunity in one of London's most sought-after locations, combining commercial potential with stable residential income
- 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
Description
This mixed-use freehold property is situated in a prime location near Queensway and Bayswater Underground stations, with iconic Hyde Park nearby. The property combines commercial and residential spaces, offering a unique investment opportunity with a stable income stream. The lower ground and ground floors are let on a 15-year lease, generating £120,000 per annum, while the three one-bedroom apartments on the upper floors are let on Assured Shorthold Tenancies, adding £200,400 to the annual income. The property benefits from high footfall, excellent public transport links, and a vibrant community, making it an attractive proposition for investors seeking both immediate returns and long-term growth.