4 bedroom house for sale

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4 bedroom house for sale

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 in Bayswater, London, offers a unique investment opportunity with a combination of commercial and residential spaces. The property is situated near Queensway and Bayswater Underground stations, providing excellent access to public transport and a high footfall of approximately 14 million entries and exits annually. The lower ground and ground floors are commercial spaces, let on a 15-year lease, generating an income of £120,000 per annum. The upper floors consist of three one-bedroom apartments, let to professionals and students on Assured Shorthold Tenancies, adding an additional £200,400 to the annual income. The property benefits from a prime location, with strong demand for both residential and commercial spaces, and offers opportunities for rental growth and capital appreciation. With its enviable location, mixed-use nature, and stable income stream, this property presents a rare and attractive investment opportunity.