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Queensway, London W2

London

£700,000

Listed on 03/07/2026

Property details

Bedrooms
2
Type
Flat
Area
1004 sqft

Description

This expansive two-bedroom flat, measuring approximately 1,030 sq ft, is nestled within a well-maintained portered mansion block in the quieter area of Queensway. Despite being close to central London, this property offers a serene atmosphere that is hard to come by in such a prime location. With the advantage of a new 130-year lease, this flat is an attractive prospect for those looking to invest or make their mark in an evolving neighbourhood. The property requires full modernisation, presenting an excellent opportunity for buyers to enhance its value and customize the living space according to their personal preferences. Given the competitive pricing compared to other similar properties in Bayswater, this presents a notable opportunity for capital growth, especially as the area undergoes significant regeneration around The Whiteley development. Additional benefits include proximity to public transport links and local amenities like Porchester Centre's gym and pool.

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 - £100,000
Target Value
£1,325,501
10% above area average per sq ft
Potential ROI
+65.7%
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 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
£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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