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207 Westmark Tower, 1 Newcastle Place, Paddington, London, W2 1DB - Image 1
207 Westmark Tower, 1 Newcastle Place, Paddington, London, W2 1DB - Image 2
207 Westmark Tower, 1 Newcastle Place, Paddington, London, W2 1DB - Image 3
207 Westmark Tower, 1 Newcastle Place, Paddington, London, W2 1DB - Image 4

207 Westmark Tower, 1 Newcastle Place, Paddington, London, W2 1DB

London

£430,000
Listed on 11/04/2026

Property Details

Bedrooms
N/A
Type
Flat

Description

This self-contained studio flat is situated in a prime location near Paddington, offering a great opportunity for investors looking to tap into the rental market. Currently tenanted under an Assured Shorthold Tenancy, yielding an annual income of £30,000, this property presents a solid foundation for further enhancement. While it is in reasonable decorative order, potential buyers may wish to consider modernizing the interior to increase its appeal and value. The accommodation features a reception space with an integrated kitchen, a bedroom without a window, and a bathroom/WC. Convenient access to local amenities and excellent transport links—including Edgware Road and Paddington stations—make it particularly attractive for future tenants. With nearby parks adding to the location's desirability, there's ample scope for renovations that could significantly boost rental yields and long-term capital appreciation.

Investment Analysis

(W2 area)
Area Average
£1,193/sq ft
Avg Rent (weekly)
£1,001
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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 -16.8% over the last 12 months
3 year growth: -21.5%
5 year growth: -19.1%
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

207 Westmark Tower, 1 Newcastle Place, Paddington, London, W2 1DB
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,523
Based on a loan of £322,500 over 30 years at 3.91% 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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