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Porchester Gardens, London, W2

London

£1,000,000

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Apartment
Area
1599 sqft

Description

This expansive three-bedroom apartment, nestled on one of Bayswater's most tranquil tree-lined streets, offers remarkable potential for those looking to invest in a renovation project. Spanning approximately 1,599 sq ft, the property boasts a well-proportioned layout that includes a large reception room and a separate dining area, ideal for entertaining. A separate kitchen with an adjoining utility room adds to its functionality. The three generously sized bedrooms are complemented by two bathrooms and ample hallway storage. Character features such as impressive ceiling heights approaching 2.9m and a charming curved bay window in the main reception area enhance the apartment's appeal. While modernisation is needed throughout, this presents an exciting opportunity to craft a tailored living space in a prime central London location. A noteworthy advantage of this property is the dual access options—with entry via the main building that includes porter services as well as a private entrance, ensuring both convenience and privacy. Located just moments from the vibrant shops, bars, and restaurants of Whiteleys and Westbourne Grove, along with the serene greenery of Hyde Park only a short walk away, this apartment combines urban living with peaceful surroundings. Excellent transport links are available nearby, including Paddington station for National Rail services and Lancaster Gate Underground Station for easy access across London.

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Investment analysis

(W2 area)

Below Market Value

This property is priced -47.9% below area average per sq ft

-47.9%
Potential saving
This Property
£625/sq ft
Area Average
£1,200/sq ft
Avg Rent (weekly)
£993
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£75,000 - £100,000
Target Value
£2,111,032
10% above area average per sq ft
Potential ROI
+91.9%
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

Porchester Gardens, 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
£3,778
Based on a loan of £750,000 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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