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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. The property combines commercial potential with stable residential income, generating a total annual income of £320,400. The lower ground and ground floors are commercial spaces, let on a 15-year lease, while the upper floors consist of three one-bedroom apartments, let on Assured Shorthold Tenancies to professionals and students. The property's enviable location in Bayswater, with its vibrant community and proximity to Hyde Park and Notting Hill, ensures strong demand for both residential and commercial spaces. With excellent access to public transport and nearby amenities, this property offers opportunities for rental growth and capital appreciation.