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4 bed flat
Queensway, London W2
£690,000
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Our Summary
- Investment Opportunity; Prime Queensway / Hyde Park LocationA spacious 4-bedroom apartment set within a sought-after portered building, just seconds from Hyde Park in the heart of Queensway
- The layout offers the potential to reinstate the shower room or further reconfigure the property to suit an owner's requirements (subject to the necessary consents)
- Key Information:4 spacious bedrooms1 family bathroom1 separate shower room (currently used as a laundry/utility room)Recently renovated modern kitchenSecure portered buildingCurrently achieving approximately £4,500 pcmLease: Approximately 56 years remainingEstimated lease extension premium: Approximately £150,000 (subject to professional valuation)Service charge: Approximately £10,000 per annumMoments from Hyde Park, Queensway, Bayswater and excellent transport linksAn excellent opportunity for investors, developers or buyers looking to add value by extending the lease and enhancing the existing layout in one of Central London's most sought-after neighbourhoods
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Description
The apartment is a spacious 4-bedroom property set within a portered building in Queensway/Hyde Park, London. It has been recently renovated and features a modern kitchen, 1 family bathroom, and 1 separate shower room (currently used as a laundry/utility room). The layout offers the potential for reconfiguration to suit an owner's requirements, subject to necessary consents.
The property is located just moments from Hyde Park, Queensway, Bayswater, and excellent transport links.