Summary - 28A, LEINSTER TERRACE, LONDON W2 3ET
3 bed 1 bath Maisonette
Substantial mixed‑use freehold near Hyde Park — income now, refurbishment potential later..
Mixed‑use freehold with commercial income of £28,000 per annum
A substantial mixed‑use freehold in a prime Bayswater location, just off Hyde Park and moments from Queensway and Bayswater stations. The ground and lower ground floors are let on a commercial lease producing £28,000 per annum, offering immediate income. The combined building area is very large for central London (approx. 2,412 sq ft), presenting clear investment or conversion potential.
The three‑bedroom upper maisonette is sold with vacant possession but requires full modernisation throughout; the seller has indicated the roof needs repair with quotes around £40,000. There is no garden and the plot is small, typical of a central terrace. Buyers should factor renovation costs and the disruption of a substantial refurbishment project.
Important: the lease situation is a material constraint. There are only around 15 years remaining on the lease, which is likely to deter many mortgage lenders or make lending difficult; purchasers should obtain lender confirmation and specialist legal advice before committing. The area records higher local crime levels, which may affect tenant demand and insurance costs in parts of the neighbourhood.
This property will suit investors seeking a long‑term central London freehold with immediate rental income and scope to enhance value through refurbishment, or a cash buyer wanting a large, characterful residential project in a prestigious address. Repairs, lease length and financing constraints are the principal negatives and should be factored into any offer.
3 bedroom mixed use property for sale in Leinster Terrace, London, W2 — £1,400,000 • 3 bed • 1 bath • 2412 ft²
4 bedroom house for sale in Queensway, Bayswater, London, W2 — £4,500,000 • 4 bed • 3 bath • 3056 ft²
2 bedroom flat for sale in Sussex Place, Hyde Park Estate, London, W2 — £1,750,000 • 2 bed • 1 bath • 2094 ft²
3 bedroom mixed use property for sale in Queensway, Bayswater, W2 — £4,500,000 • 3 bed • 1 bath • 3056 ft²
Mixed use property for sale in Sussex Place, Hyde Park Estate, London, W2 — £1,750,000 • 1 bed • 1 bath • 2094 ft²
Residential development for sale in Queensborough Terrace, London, W2 — £6,950,000 • 1 bed • 1 bath • 5307 ft²
