Town house for sale in Lancaster Gate, Bayswater, London, UK W2

£26,800,000
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Property features

  • Tenure: Freehold

Property description

Paddington Estates are instructed to sell this freehold site containing two white stucco fronted seven-storey Grade II listed buildings, located within the Bayswater Conservation Area. This unique development opportunity comprises of 25,000 SqFt with views over Hyde Park. The building would be suitable for a hotel or residential development, subject to the necessary consents. Planning permission for conversion to 10 luxury apartments was recently withdrawn as the owner did not agree with the £3.6m affordable housing contribution payment. Nearby, 'The Lancasters' development sold out at upto £3,500 Per Square Foot. Should this prime trophy property achieve £2,500 Per square Foot, it would offer a Gross Development Value of £62.5M.

Property Ref:84_2004_4543063

Property info

Nearby transport

  • Lancaster Gate (0.1 miles)
  • Paddington (0.3 miles)
  • London Paddington (0.3 miles)
  • London City Airport (10.1 miles)
  • London Heathrow Airport (12.4 miles)
  • London Gatwick Airport (25.2 miles)
  • Cadogan Pier (2.1 miles)
  • Westminster Millennium Pier (2.5 miles)
  • Embankment Pier (2.5 miles)

Nearby schools

View all schools in Westminster
  • St James & St John Church of England Primary School (0.1 miles)
  • Hallfield Primary School (0.4 miles)
  • The Minerva Academy (0.6 miles)
  • Lansdowne College (0.5 miles)
  • City of Westminster College (0.7 miles)
  • Ashbourne Independent School (0.8 miles)
  • College Park School (0.6 miles)
  • Halcyon London International School (0.8 miles)
  • The Sylvia Young Theatre School (0.8 miles)
Note: Distance is shown as a straight line measurement

Local info for Westminster

About the neighbours in W2

For more information about this property, please contact
Paddington Estates, W2 on +44 20 3463 6952 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Paddington Estates, and do not constitute property particulars. Please contact Paddington Estates for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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