Leinster Terrace, London, W2

This property presents a unique opportunity for those interested in investment or renovation. Located just off Bayswater Road, this freehold mixed-use building consists of a ground and lower ground floor retail space with a new lease established in early 2025, ensuring an annual rental income of £28,000 for over 14 years. The upper maisonette features three spacious bedrooms but requires significant refurbishment and modernization, making it ideal for buyers looking to tailor the space to their tastes. With vacant possession upon completion, the residential component offers immediate potential for improvement. The roof is noted to be in need of repair, with estimates around £40,000 already obtained by the current owner. This aspect further emphasizes the renovation potential throughout the property. Situated on Leinster Terrace, a relatively quiet street, the location benefits from proximity to Hyde Park and vibrant local amenities. Just a short stroll away are both Queensway (Central Line) and Bayswater (District and Circle Lines) Underground stations, enhancing accessibility. The area is rich in shops and restaurants, including the nearby Whiteleys development and renowned Oxford Street, making it an attractive spot for future tenants or owners. Overall, this property combines functional commercial space with ample residential potential in a desirable London neighborhood.