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Leinster Terrace, London, W2

London

£1,400,000
Listed on 21/08/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2412 sqft

Description

This freehold property, which encompasses both commercial and residential spaces, presents a significant opportunity for renovation and investment in the desirable area of Bayswater, London. Located just off the bustling Bayswater Road, the property features a shop on the ground and lower ground floors that is currently leased for £28,000 per annum until 2039, providing a stable income stream. The upper maisonette spans three bedrooms but requires modernisation to unlock its full potential. The roof needs repair, with estimates around £40,000 already obtained by the owner. Given its prime location near Hyde Park and accessible transport links at Queen'sway and Bayswater stations, this property offers an excellent foundation for increasing value through refurbishment.

Investment Analysis

(W2 area)

Below Market Value

This property is priced -52.0% below area average per sq ft

-52.0%
Potential saving
This Property
£580/sq ft
Area Average
£1,210/sq ft
Avg Rent (weekly)
£1,100
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £100,000
Target Value
£3,209,709
10% above area average per sq ft
Potential ROI
+114.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
2%
Properties sold annually

Local Market Trend (W2)

Area prices are falling by +21.5% over the last 12 months
3 year growth: -20.7%
5 year growth: -22.0%
Investment Disclaimer: Analysis based on W2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Leinster Terrace, London, W2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£5,129
Based on a loan of £1,050,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE