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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 Hyde Park nearby. The property combines commercial and residential spaces, offering a unique investment opportunity with stable income. 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, producing an additional £200,400 per annum. The property's enviable location in Bayswater, with its vibrant community and proximity to popular areas, 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.