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Queensway, London

London

£700,000

Listed on 04/07/2026

Property details

Bedrooms
2
Type
Apartment
Area
1004 sqft

Description

This two-bedroom flat, offering approximately 1,030 sq ft of space, represents a unique investment opportunity located within a well-maintained portered mansion block. Nestled on the quieter side of Queensway, it provides an oasis of tranquility while being conveniently close to central London's amenities. The flat requires complete modernisation, making it an ideal project for investors or first-time buyers looking to enhance value through renovations tailored to personal tastes. Given its size and location in Bayswater, such properties rarely enter the market at this price point. Additionally, the area's ongoing regeneration efforts—particularly with the landmark redevelopment of The Whiteley—promise significant potential for capital growth in the coming years. With nearby transport links including Queensway and Bayswater stations, as well as proximity to Hyde Park and local facilities like the Porchester Centre, this property stands out not only for its liveability but also for its investment appeal.

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Investment analysis

(W2 area)

Below Market Value

This property is priced -41.9% below area average per sq ft

-41.9%
Potential saving
This Property
£697/sq ft
Area Average
£1,200/sq ft
Avg Rent (weekly)
£993
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,325,501
10% above area average per sq ft
Potential ROI
+67.8%
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

Queensway, London
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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
£2,645
Based on a loan of £525,000 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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