Property photos
Freehold
£1,580,000
Property for sale
Praed Street, London W2Local area information
Property location
Nearby amenities
- Edgware Road Bakerloo 0.2 miles
- Edgware Road Circle 0.2 miles
- Ark King Solomon Academy 0.3 miles
- Hampden Gurney CofE Primary School 0.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Hyde Park, St John's Wood and Maida Vale to find out more about the local area.
Features and description
- Freehold
- Development opportunity to convert to 3 flats
- Freehold
- High yield Investment
- On-road Parking
- Close to Paddington Regeneration Project
- Mixed Use Property
- Located on busy high road
Investment / Development
Rare investment opportunity located in heart of Paddington provides easy access to all parts of Central London comprising of a basement with commercial use, ground floor currently used as a shop and four bedrooms apartment build over five storeys which are accessible through stairs.
This freehold property is ideal for all type of investors by generating £81,000 income per annum.
Residential section is potential to convert into three separate ensuite flats subject to planning permission.
Gross internal area is 1,525 Sq.Ft. (148 Sq.M).
Benefiting from capital appreciation due to centralised location .( Minutes way from Hyde Park, Oxford street and Paddington Basin )
Public transport :
Paddington Tube station (Bakerloo, Circle and District lines), Edgware Road Station (Circle and District line, Bakerloo line) located nearby.
Viewing and full information pack is available upon request.
Lower Ground Floor
Gross Internal Area
430 Sq. Ft.
Ground Floor
Gross Internal Area
319 Sq. Ft.
First Floor
Bedroom 1
4.5m x 3m (14' 9" x 9' 10")
Second Floor
Bedroom 2
4.4m x 3m (14' 5" x 9' 10")
Third Floor
Bedroom 3
5.5m x 4.2m (18' 1" x 13' 9")
Rare investment opportunity located in heart of Paddington provides easy access to all parts of Central London comprising of a basement with commercial use, ground floor currently used as a shop and four bedrooms apartment build over five storeys which are accessible through stairs.
This freehold property is ideal for all type of investors by generating £81,000 income per annum.
Residential section is potential to convert into three separate ensuite flats subject to planning permission.
Gross internal area is 1,525 Sq.Ft. (148 Sq.M).
Benefiting from capital appreciation due to centralised location .( Minutes way from Hyde Park, Oxford street and Paddington Basin )
Public transport :
Paddington Tube station (Bakerloo, Circle and District lines), Edgware Road Station (Circle and District line, Bakerloo line) located nearby.
Viewing and full information pack is available upon request.
Lower Ground Floor
Gross Internal Area
430 Sq. Ft.
Ground Floor
Gross Internal Area
319 Sq. Ft.
First Floor
Bedroom 1
4.5m x 3m (14' 9" x 9' 10")
Second Floor
Bedroom 2
4.4m x 3m (14' 5" x 9' 10")
Third Floor
Bedroom 3
5.5m x 4.2m (18' 1" x 13' 9")
Floor plans and tours
Floor plans (1)
More information
Listed by
Rayan Investments & Management
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