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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 - Image 5
207 Westmark Tower, 1 Newcastle Place, Paddington, London, W2 1DB - Image 6
207 Westmark Tower, 1 Newcastle Place, Paddington, London, W2 1DB - Image 7

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

London

£430,000
Listed on 17/04/2026

Property Details

Bedrooms
N/A
Type
Flat

Description

This self-contained studio flat is situated in a prime location in Paddington, making it an appealing investment opportunity. The property is currently let under an Assured Shorthold Tenancy (AST) with a yearly rental income of £30,000, providing immediate cash flow for investors. The flat is presented in reasonable decorative order but offers potential for enhancement and modernization to increase both its market value and rental yield. Located conveniently near local shops and amenities, as well as major transport links such as Edgware Road and Paddington stations, this property could benefit from thoughtful renovations that capitalize on its desirable location. Outdoor spaces like Regent's Park and Hyde Park are also within easy reach, adding to the overall appeal. A thorough review of the layout—featuring a reception room/kitchen area, a bedroom without a window, and a bathroom/WC—could reveal further opportunities for improvement or reconfiguration.

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 - £30,000
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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