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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, offering an exceptional investment opportunity in one of London's most sought-after areas. The property combines commercial potential with stable residential income, with the lower ground and ground floors consisting of commercial spaces let on a 15-year lease, generating £120,000 per annum. The upper floors comprise three one-bedroom apartments, let on Assured Shorthold Tenancies, adding an additional £80,400 to the annual income, for a total of £200,400. The property's enviable location, with high footfall and excellent access to public transport, ensures strong demand for both residential and commercial spaces, offering opportunities for rental growth and capital appreciation.