Queensway, Bayswater, W2

Mixed-use freehold property for sale. Enviably situated near Queensway and Bayswater Underground stations, this property boasts an exceptional location close to the iconic Hyde Park. This property offers a unique investment opportunity in one of London's most sought-after locations, combining commercial potential with stable residential income. The high footfall and prime location ensure continuous demand, making it an attractive proposition for investors seeking both immediate returns and long-term growth. The lower ground and ground floors consists of commercial spaces, let on a 15-year lease, benefiting from high footfall in the local area. Generating an income of �120,000 per annum. 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. This rare freehold building provides a reliable income stream, with all flats currently let to professionals and students. Situated in a prime position in Bayswater, a highly sought-after area known for its vibrant community and proximity to The Whiteley, Hyde Park and Notting Hill, ensuring strong demand for both residential and commercial spaces. The location also benefits from excellent access to public transport with Queensway and Bayswater Underground stations nearby, The property's enviable location and mixed-use nature offer opportunities for rental growth and capital appreciation. Annual Footfall - Queensway Station: Approximately 8.5 million entries and exits annually. Bayswater Station: Approximately 5.5 million entries and exits annually. The property offers easy access to the surrounding restaurants, shops and bars on Queensway and Westbourne Grove while also providing quick links into the West End and Notting Hill.