*New 130 year lease* A rare opportunity to acquire a substantial two-bedroom flat extending to approximately 1,030 sq ft, set within a well-maintained portered mansion block on the quiet side of Queensway — an unusually peaceful setting given the property's proximity to the heart of central London.
Location
The property is ideally situated just a short walk from Queensway Underground station (Central line, Zone 1) and Bayswater station (District & Circle lines, Zone 1), with Royal Oak (Hammersmith & City and Circle lines, Zone 2) also nearby. Paddington and the Elizabeth line are a short distance beyond. Hyde Park is approximately 1 mile away, and the Porchester Centre — with its gym and swimming facilities — is a stone's throw from the front door.
The Opportunity
Requiring full modernisation, the flat offers significant scope for value enhancement and is particularly attractive to investors, first-time buyers, or international purchasers seeking to create a high-quality asset tailored to their own specification. At approximately 1,030 sq ft, flats of this size within portered mansion blocks in Bayswater very rarely come to market at this price point.
Keenly priced relative to comparable properties in the area, this represents a compelling opportunity to secure strong value with clear potential for capital growth.
Bayswater Regeneration
Positioned in the heart of Bayswater, the property directly benefits from the major regeneration centred around The Whiteley — the landmark redevelopment of the former Whiteleys department store into a mixed-use destination featuring a Six Senses hotel, residences, restaurants, and retail. This ongoing investment is transforming the neighbourhood, with strong expectations of further capital appreciation over the next 2–3 years. This is a rare chance to secure early entry into an improving prime London location at today's pricing.
Key Features
• Approximately 1,030 sq ft (96 sq m)
• South-facing reception room with abundant natural light
• 2 generously sized double bedrooms
• Portered red brick mansion block with lift
• Unusually quiet position on the peaceful side of Queensway
• Service charge includes porter, central heating, hot water, and lift
• Stone's throw from Porchester Centre (gym & pool)
• Short walk to Queensway station (Central line, Zone 1)
• 6-minute walk to Bayswater station (Zone 1)
• -1 mile from Hyde Park
• Competitively priced relative to local comparables
Property Details
Tenure: Leasehold Lease Expiry: March 2175 Ground Rent: £90 per annum (2026) Service Charge: £9,726 per annum (2026) — includes porter, central heating, hot water, and lift Council Tax: Band F — £1,469.26 per year Local Authority: City of Westminster EPC: Current D (69) - Potential B (82)
Council Tax Band C
