1-bedroom flat · W2 3RR
Let agreedListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Luxurious, fully furnished, beautifully presented double studio flat on second floor of this period terrace on Queensway.
It has a separate fully fitted kitchen with Bosch washing machine and fan assisted oven. The property is very quiet as it faces the back of the building.
The flat is moments away from Bayswater (Circle and District lines) and Queensway (Central line) stations, the green open spaces of Hyde Park, large Waitrose supermarket and all the many restaurants and bars that Bayswater has to offer.
Details: Available immediately Rent: £430 per week Safety Deposit: £2,150 Holding Deposit: £430 (to be included in the safety deposit) Local Authority: Westminster City Council / Tax band B (£814.99 - 2026/27) EPC - D (72%) Access: Steps to 2nd Floor Utilities: Mains gas, electricity and water.
Broadband: FTTC; Mobile coverage good (See OFCOM website for maximum speed available).
Parking: On-street parking permit is required from Westminster City Council and charges depend on the size and type of vehicle.
Please refer to the Westminster City Council website for further details.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About Second Floor Rear Flat, Queensway, City Of Westminster, London
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