3-bedroom flat · W2 3NA
SoldListed 324 daysAuction 17 Dec · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property remains available and open to offers following the auction on 17 December 2025. Please contact the auctioneers on for further details.
This 3-bedroom dual aspect apartment is situated in a magnificent Grade II Listed white stucco fronted building just three minutes walk from Kensington Gardens.
The property offers a purchaser looking for a modernisation project an excellent opportunity to create a stunning new home.
The accommodation comprises:- Communal entrance with lift, entrance hall, L shaped living room with views over Lancaster Gate, kitchen, three bedrooms and two bathrooms.
The property has a fantastic location just a few minutes walk from Kensington Gardens Royal Park with the Italian Garden and Cafe, Long Water and Kensington Palace.
Nearby Notting Hill, Mayfair and Knightsbridge provide some of Londons finest shops, restaurants, cafes and bars.
Lancaster Gate offers excellent transport links including Lancaster Gate Tube, (Central Line) just 0.3 miles away, providing fast access to the West End and City, Paddington Station just 0.5 miles away, offering Elizabeth Line services to Heathrow in 15 minutes and Canary Wharf in 23 minutes, District and Circle Lines, the Bakerloo Line and Mainline Services.
Leasehold Information There are 960 years remaining on the lease. We have been informed the service charge for 2025 has been charged quarterly, at 4 payments of £2,148.64.
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack. Note Please be advised the auctioneers have not personally inspected the property.
Prospective buyers are advised to make any necessary independent enquiries before placing their bid, as this will be binding.
Tenure: Leasehold EPC Rating: C Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions Buyers Terms.
Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc.
VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price: Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price.
The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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 Flat 12, 53-55 Lancaster Gate, London W2 3NA
Explore nearby