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Star Street, London, W2

London

£4,950,000

Listed on 30/06/2026

Property details

Bedrooms
3
Type
Terraced
Area
4381 sqft

Description

This Grade II listed building, dating back to approximately 1820, presents a rare opportunity in the heart of London. Situated on a residential street within a conservation area, this four-storey Georgian property features well-preserved brown brick façades and original timber flooring, alongside classic sash windows that maintain its historic charm. Currently configured for mixed use, combining both office and residential spaces, it offers significant investment potential and versatility. The property does not fall under Article 4 restrictions, allowing for potential changes in use through the Prior Approval Process. With the appropriate planning permissions, it could be converted into a grand single residence or split into multiple apartments. Internally, the property benefits from ample natural light and includes approved plans for a skylight at ground level complemented by an impressive rear atrium. Unique architectural details such as French doors and restored period fireplaces enhance its character while presenting opportunities for modernisation. The adaptable layout allows for spacious reception areas, open-plan kitchen-dining configurations, additional bedrooms, vaulted storage solutions, and contemporary bathrooms fitted with skylights. Located conveniently close to key attractions like Hyde Park and Oxford Street, as well as an array of dining options along Paddington Basin's scenic waterside walks, residents will enjoy both lifestyle and accessibility. Excellent transport links are also at hand with several nearby Underground stations facilitating easy access across the city.

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Investment analysis

(W2 area)

Below Market Value

This property is priced -5.9% below area average per sq ft

-5.9%
Potential saving
This Property
£1,130/sq ft
Area Average
£1,200/sq ft
Avg Rent (weekly)
£993
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£5,783,884
10% above area average per sq ft
Potential ROI
+11.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
2%
Properties sold annually

Local Market Trend (W2)

Area prices are falling by -20.1% over the last 12 months
3 year growth: -25.1%
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

Star Street, London, W2
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£18,701
Based on a loan of £3,712,500 over 30 years at 4.45% 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.

Stamp duty calculator

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