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See how verdicts work4-bedroom terraced house · W2 3QG
For saleReduced £250k (−5.6%) on 26 OctListed 431 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In keeping with the charm of this traditional cobbled mews, this modern house has been built behind the renovated original frontage.
The house was designed by boutique London based architects Pike & Partners. Completed in 2021, it offers 2863 sq ft (266 sq m) of internal space set over four floors, plus a stunning roof terrace.
The house is filled with natural light thanks to a dual aspect with big windows and wide front facing, with central skylight brightening the core of the house, and two lightwells adding extra light and creating two courtyard gardens.
Accommodation is formed of entrance hallway, opening to ground floor reception room with dining area and open plan kitchen by Bulthaup with breakfast bar and Gaggenau applicances.
The generous principal bedroom suite features dressing room and luxurious ensuite bathroom, set on the first floor along with second ensuite bedroom, utility room and guest WC.
The second floor offers flexible space as second reception room or bedroom and features ensuite bathroom, extensive storage and access to the south westerly roof terrace which is not overlooked.
There is further adaptability offered on the lower ground floor which is currently used as a gym and guest room with ensuite bathroom and has been zoned for flexible use as one, two or three separate rooms.
Situation Lancaster Mews is a charming cobbled mews with prestigious location around 100 yards north of Kensington Gardens which, combined with the adjoining Hyde Park, offers 625 acres of green space and amenities including open water swimming, boating, cycling, tennis and horse riding, as well as being home to Kensington Palace, the Italian Gardens, numerous cafes and the Serpentine Lake.
The property is convenient for nearby transport links at Lancaster Gate (Central Line) and Paddington (Circle, District, Bakerloo and Hammersmith and City, in addition to National Rail services and the Heathrow Express).
The new CrossRail/Elizabeth Line connects London east to west, with a major hub at Paddington. Motorists enjoy fast access to the national motorway network via the nearby A40.
Property Ref Number: HAM-51183
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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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
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FAQ
About Lancaster Mews, London, W2
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