Praed Street, London

  • Ref: 23938104
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Property Features

  • 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

Property Summary

Investment / Development in Central London W2

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.

Full Details

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")