66 - 67 Princes Square, London, W2 4NY
- SIZE
7,241 sq ft
673 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
• The property is arranged across lower ground, ground and four upper floors with some apartments benefiting from outside space
• 67 Princes Square is vacant and ready for refurbishment. Five of the six apartments in 66 Princes Square are occupied. Four are let on Assured Periodic Tenancies (APTs), with one flat being subject to a regulated tenancy
• Current passing rent of £107,436 per annum with an opportunity to enhance income through the refurbishment of the apartments, achieving a fully refurbished Estimated Rental Price (ERP) of £453,717 per annum
• Located between Princes Square and Leinster Square within Zone 1, benefitting from excellent transport links (PTAL 6a)
• The Property is Grade II listed and sits within the Bayswater Conservation Area
• The Freehold is for sale by private treaty via informal tender
• Offers are invited in excess of £5,250,000 reflecting an attractive £736 per sq ft
Princes Square is located in Bayswater, a highly desirable
residential area characterised by grand period architecture
and elegant garden squares within the City of Westminster.
The Property is situated directly between Leinster Square to
the north east and Princes Square to the south east.
Notting Hill is located to the north west of the Property,
distinguished by fashionable boutiques and cafes. To the north
east lies Little Venice and Regent’s Canal and directly to the east
within easy reach is the vibrant West End. Bayswater runs across
the northern border of Hyde Park and Kensington Gardens
offering vast green open spaces and landscaped gardens.
Queensway is a 5-minute walk east of Princes Square. The
regeneration of this area has given Bayswater’s main retail
throughfare a new lease of life. At the heart of this regeneration
lies Westminster City Council’s proposed regeneration of
the public realm, outlined in their vision ‘Bayswater Village –
Redefining Queensway’. The regeneration will ultimately offer a
vastly improved shopping and pedestrian experience and will
provide a more attractive pedestrian-friendly environment
and further reduce the current vehicle dominance.
The Property is Grade II Listed and lies in the Bayswater
Conservation Area.
Brochures
66-67 Princes SquareMore Details- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
66 - 67 Princes Square, London, W2 4NY
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Visit our security centre to find out moreDisclaimer - Property reference HUB2600522. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Knight Frank- Residential Investment, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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