0 bed End terrace house (for sale) Lancaster Gate, London W2

£27,500,000
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Winkworth - Paddington & Bayswater
23 Leinster Terrace
020 8115 4625
First Published

16th Dec 2019

Last Published

21st Jan 2020

 

Features

  • Type: End terrace house
  • Bedrooms: 0
  • Listing status: sale
  • Country: England

Description

Originally designed as two individual homes and converted into one hotel in the 1930's. Combined, both buildings total just under 25,000 sqft of gross internal space of incredible scale and proportions. Both are white stucco fronted buildings with classical detailing and portico entrances.

Situated at the easterly end of Lancaster Gate and occupying a prominent corner plot, these two unmodernised and conjoined freehold buildings currently have C1 Hotel use, but lend themselves to residential redevelopment subject to obtaining the necessary planning consent.

24,911 sqft
Freehold
7 storeys
Unmodernised

 

Local info for W2

Floor plan

 

Property Value Data/Graphs for W2

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 82.8% £1,230,755 2 1.1
Other 4% £2,664,981 3.2 1.2
Studio 3.5% £414,310 0 0.7
Terraced house 3% £5,590,610 9.6 3.8
Maisonette 2.1% £2,139,677 2.8 1.7
Mews house 1.6% £2,149,091 2.7 0.9
End terrace house 1.3% £20,714,118 37.1 4.5
Semi-detached house 0.5% £7,797,857 11.9 1.4
Block of flats 0.4% £32,966,667 0 0
Town house 0.4% £2,637,500 5.7 1.8
Detached house 0.2% £5,550,000 5.7 6
Land 0.1% £1,550,000 0 0
Parking/garage 0.1% £1,800,000 3 1

Area Information

Average Price Paid

£1,299,843

Sales

3918

Current Average Value

£1,858,095

Value Change

£558,252 42.9%

 

Current Asking Prices in W2 Average: £1,858,095

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £3,050,417 (12) £1,260,476 (21) £2,237,091 (33) £3,783,000 (30) £4,497,500 (16)
Flats £629,941 (376) £1,101,139 (500) £1,993,751 (207) £2,769,600 (58) £6,056,250 (8)
All £704,801 (388) £1,107,561 (521) £2,027,210 (240) £3,115,077 (88) £5,017,083 (24)

Nearby Properties

2 bed Flat () Park West, Edgware Road, London W2 £825,000
3 bed Flat () Bolsover Street, Fitzrovia W1W £2,850,000
1 bed Flat () Porchester Place, Hyde Park W2 £715,000
1 bed Flat () Cambridge Square, London W2 £599,950
2 bed Maisonette () Hereford Road, London W2 £1,595,000
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