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See how verdicts work6-bedroom semi-detached house · W2 3LH
For saleListed 874 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent investment opportunity to acquire an unmodernised, imposing, white stucco fronted seven storey Grade II listed property of approximately 25,000 square feet, created from the amalgamation of two adjoining buildings.
Constructed in 1856 as part of the important Lancaster Gate development, the property with its portico entrances epitomises quintessential grand Victorian architecture and design and offers a wonderful restoration project to rekindle its former glory.
Previously operating as a hotel, there are 60 guest bedrooms, accessed by either a lift or the grand staircase, and a number of capacious reception rooms boasting high ceilings, deep skirting boards and exquisite Victorian plasterwork.
The property currently has C1 Hotel permitted use.
Subject to the necessary planning/change of use permissions, there is enormous potential for conversion to serviced apartments or residential development.
Situated at the easterly end of Lancaster Gate, the building is moments away from the prestigious Lancasters residences, the glorious verdant open space of Hyde Park and is immediately served by Lancaster Gate London underground station (Central line), a 5 minute journey to the heart of London`s vibrant West End.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Lancaster Gate, Kensington
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