3-5 Westbourne Gardens, Bayswater, W2 5NR - A rare grand stucco fronted period freehold investment opportunity - Black Brick

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3-5 Westbourne Gardens, Bayswater, W2 5NR - A rare grand stucco fronted period freehold investment opportunity - Black Brick
3-5 Westbourne Gardens, Bayswater, W2 5NR
A rare grand stucco fronted period freehold investment opportunity   Asking Price £11,000,000
3-5 Westbourne Gardens, Bayswater, W2 5NR - A rare grand stucco fronted period freehold investment opportunity - Black Brick
3-5 Westbourne Gardens,
Bayswater, W2 5NR

  Investment
  Summary
Location & Transport

Gallery

Floorplans

Accommodation Schedule
                          Investment Summary
Services & Legal
                          – An attractive period residential investment block                      – The property benefits from an internal lift to all floors
Contact Us                  comprising 8 self-contained residential apartments
                                                                                                   – Excellent transport links, with Royal Oak, Queensway,
                          – The asset comprises of 4 x 3 bedroom, 4 x two bedroom                    Bayswater and Paddington all within a 0.5 mile radius.
                            across lower ground, ground and 4 upper floors
                                                                                                   – Total passing rent of £266,135.84
                          – The property comprises 7,651 sq. ft / 711.41 sq. m
                            of residential accommodation (GIA of the residential                   – Freehold
                            flats combined, excluding common parts)
                                                                                                   – Property is owned in an SPV as a single asset.
                          – GIA of the entire building is circa 9000 sq. ft / 836 sq. m

                          *Due to Covid, rent reductions have been agreed with some of the tenants. The rental income without
                          discounts should be £287,299 per annum. Opportunity to enhance rents further through refurbishment.
3-5 Westbourne Gardens, Bayswater, W2 5NR - A rare grand stucco fronted period freehold investment opportunity - Black Brick
3-5 Westbourne Gardens,
Bayswater, W2 5NR

Investment Summary

  Location &
  Transport
Gallery

Floorplans                                                                                                                                    Map data © Google

Accommodation Schedule
                          Location
Services & Legal
                          The Property is located in Bayswater, in west London.             the north, Bayswater (District & Circle Lines) and Queensway
Contact Us                Bayswater falls within the administrative boundaries of           (Central Line), both provide access to Zone 1 underground
                          the City of Westminster and borders Notting Hill to               connections and are accessible within approximately 0.5
                          the west, Paddington to the east, the A40 (Westway)               miles to the south. The nearest mainline rail station is
                          to the north and Queensway to the south.                          approximately 0.5 miles to the east, at Paddington, providing
                                                                                            access to Hammersmith & City, District & Circle Line
                          Local road connections are good, with good vehicular access       Underground services as well as comprehensive mainline
                          available to the wider Greater London area and the national       rail services to the West Country and the Midlands. There
                          motorway network. A principal east-west vehicular route across    is also a comprehensive bus network connecting the local
                          the capital is provided by the A40 (Westway), which becomes       area with most neighbouring districts of central London.
                          Euston Road (A501) to the west and merges with the M40 to
                          the west. This is accessible within approximately 0.25 miles of   Bayswater is currently benefitting from significant investment
                          the property. North to south routes in the vicinity include the   and regeneration, including the £1 billion re-development of
                          A5 (Edgware Road), which provides access to the wider West        Whitley’s shopping centre by Foster and Partners, into The
                          End as well as the M1 to its northern most extension, and is      Whitley London, a new luxury residential and retail development
                          accessible within circa 1 mile to the east of the Property.       and the UK’s first Six Senses Hotel and Spa, and Park Modern,
                                                                                            a new luxury development of 54 apartments by Fenton Whelan
                          The nearest underground stations are Royal Oak (Hammersmith       where prices being achieved range between £3000 and £5000
                          & City Line, Zone 2), which is approximately 250 yards to         per sq. foot. Paddington is also on the new Crossrail line.
3-5 Westbourne Gardens, Bayswater, W2 5NR - A rare grand stucco fronted period freehold investment opportunity - Black Brick
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Floorplans
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Accommodation Schedule                                                                                                                          Ad use
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Services & Legal
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Contact Us                                                                                               11
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3-5 Westbourne Gardens, Bayswater, W2 5NR - A rare grand stucco fronted period freehold investment opportunity - Black Brick
A40 (Westway)
                                                                     Leading to A501 (Euston Road) and M40
3-5 Westbourne Gardens,
Bayswater, W2 5NR                 Royal Oak Station
                                  Hammersmith & City Line, Zone 2

Investment Summary                                                                     Paddington Station
                                                                                        Hammersmith & City, District
                          The Property                                                   & Circle Underground Lines
  Location &              3-5 Westbourne Gardens,                                         and mainline rail services to
  Transport               Bayswater, W2 5NR                                                 the West Country and the
                                                                                         Midlands. Paddington is also
                                                                                            on the new Crossrail line.
Gallery

Floorplans

Accommodation Schedule

Services & Legal                                                                                A5 (Edgware Road
                                                                                                 Approx. 1 mile from property.
Contact Us                                                                                 Provides access to West End and M1

                                     The Whitley London
                                     £1 billion re-development of
                                     Whitley’s shopping centre by Foster
                                     and Partners, into The Whitley
                                     London, a new luxury residential and
                                                                                                              Airports
                                     retail development and the UK’s first
                                                                                                    Heathrow Airport
                                     Six Senses Hotel and Spa.
                                                                                                    35mins drive

                                                                                                    Gatwick Airport
                                                                                                    1hr 14mins drive

                                                                                                    London City Airport
                                                                                                    49mins drive

                                         Bayswater Station                             Queensway Station
                                         District & Circle Line, Zone 1                Central Line, Zone 1
3-5 Westbourne Gardens, Bayswater, W2 5NR - A rare grand stucco fronted period freehold investment opportunity - Black Brick
3-5 Westbourne Gardens,
Bayswater, W2 5NR

Investment Summary

Location & Transport

  Gallery
Floorplans

Accommodation Schedule

Services & Legal

Contact Us
3-5 Westbourne Gardens, Bayswater, W2 5NR - A rare grand stucco fronted period freehold investment opportunity - Black Brick
3-5 Westbourne Gardens,
Bayswater, W2 5NR

Investment Summary

Location & Transport

  Gallery
Floorplans

Accommodation Schedule

Services & Legal

Contact Us
3-5 Westbourne Gardens, Bayswater, W2 5NR - A rare grand stucco fronted period freehold investment opportunity - Black Brick
3-5 Westbourne Gardens,
Bayswater, W2 5NR
                                                                                   Garden
                                               Garden

Investment Summary
                                    Bedroom 3           Bedroom 2   Bedroom 3             Bedroom 2
Location & Transport

Gallery

  Floorplans
                                             Hall
Accommodation Schedule

Services & Legal
                                     Store                                         Hall
Contact Us

                                                    Bedroom 1                        Bedroom 1

                                    Refuse                                Refuse

                                                                                          Recycling

                                 Flat 3                                                                         Flat 5a
                                 Lower Floor                                                                    Lower Floor

                          Lower Ground        Two x 3 Bedroom Split-Level Flats
                                                                                                         Floorplan undertaken by Robert Savage & Associates in
                                                                                                      2007 and may not accurately represent the current layout.
3-5 Westbourne Gardens, Bayswater, W2 5NR - A rare grand stucco fronted period freehold investment opportunity - Black Brick
3-5 Westbourne Gardens,
Bayswater, W2 5NR
                                                Garden Below                                     Garden Below

Investment Summary
                                   Flat Roof
                                                      Kitchen /                     Kitchen /                    Flat Roof
Location & Transport                Below             Breakfast                     Breakfast                     Below

                                                       Room                          Room
Gallery

  Floorplans
                                                               Dining Area                             Dining Area
Accommodation Schedule

Services & Legal
                                                                             Lift                 5a Hall
Contact Us

                                      Hall               Living Room                                  Living Room

                                       3
                                                                         Refuse         Refuse                            Refuse

                                  Flat 3                                                              Flat 5a
                                  Upper Floor                                                         Upper Floor

                          Ground Floor         Two x 3 Bedroom Split-Level Flats
                                                                                                                   Floorplan undertaken by Robert Savage & Associates in
                                                                                                                2007 and may not accurately represent the current layout.
3-5 Westbourne Gardens, Bayswater, W2 5NR - A rare grand stucco fronted period freehold investment opportunity - Black Brick
3-5 Westbourne Gardens,
Bayswater, W2 5NR

Investment Summary

Location & Transport
                                         Bedroom 1                     Bedroom 1
Gallery

  Floorplans
Accommodation Schedule
                                                      Bedroom 2                    Bedroom 2
Services & Legal

Contact Us                                                      Lift

                                                                  5b         5c

                                             Living      Kitchen         Kitchen    Living
                                             Room                                   Room

                                        Flat 5b                                        Flat 5c

                          First Floor   Two x 2 Bedroom Flats
                                                                                           Floorplan undertaken by Robert Savage & Associates in
                                                                                        2007 and may not accurately represent the current layout.
3-5 Westbourne Gardens,
Bayswater, W2 5NR

Investment Summary

Location & Transport
                                     Bedroom 1                         Bedroom 1
Gallery

  Floorplans
Accommodation Schedule
                                                      Bedroom 2                    Bedroom 2
Services & Legal

Contact Us                                                    Lift

                                                                  5d          5e

                                             Living     Kitchen          Kitchen    Living
                                             Room                                   Room

                                   Flat 5d                                             Flat 5e

                          Second Floor       Two x 2 Bedroom Flats
                                                                                                Floorplan undertaken by Robert Savage & Associates in
                                                                                             2007 and may not accurately represent the current layout.
3-5 Westbourne Gardens,
Bayswater, W2 5NR

Investment Summary

Location & Transport

Gallery
                                           Bedroom 2                               Bedroom 1
  Floorplans
Accommodation Schedule
                                                               Lift

Services & Legal
                                                                 5f          5g
Contact Us

                                           Bedroom 1    Bedroom
                                                           3                      Bedroom 2

                                        Flat 5f                                         Flat 5g
                                        Lower Floor                                 Lower Floor

                          Third Floor    Two x 3 Bedroom Split-Level Flats
                                                                                             Floorplan undertaken by Robert Savage & Associates in
                                                                                          2007 and may not accurately represent the current layout.
3-5 Westbourne Gardens,
Bayswater, W2 5NR

Investment Summary

Location & Transport
                                                       Flat Roof                      Flat Roof
Gallery

                                            Dining                           Dining
  Floorplans                                 Area                  Kitchen    Area           Kitchen
Accommodation Schedule

Services & Legal

Contact Us

                                                Living Room                       Living Room

                                         Flat 5f                                               Flat 5g
                                         Upper Floor                                       Upper Floor

                          Fourth Floor      Two x 3 Bedroom Split-Level Flats
                                                                                                     Floorplan undertaken by Robert Savage & Associates in
                                                                                                  2007 and may not accurately represent the current layout.
3-5 Westbourne Gardens,
Bayswater, W2 5NR

Investment Summary        Accommodation Schedule
Location & Transport
                          The Property comprises 8 self-contained apartments situated within
                          two six-storey stucco fronted former dwelling houses.
Gallery

Floorplans
                          FLOOR / UNIT                          US E                                       SQ M     SQ F T

  Accommodation           Flat 3 (Ground/Lower Ground floor)    3 bed split level flat                     187.4    2,017
  Schedule                                                      (3 doubles with 3 bathrooms)
                          Flat 5a (Ground/Lower Ground floor)   3 bed split level flat                     122.17   1,315
Services & Legal                                                (3 doubles with 3 bathrooms)
                          Flat 5b (first floor)                 2 bed flat                                 66.90    720
Contact Us                                                      (2 doubles with 2 bathrooms)
                          Flat 5c (first floor)                 2 bed flat                                 50.13    540
                                                                (1 double bed, 1 single bed, 1 bathroom)
                          Flat 5d (second floor)                2 bed flat                                 63.57    684
                                                                (2 doubles with 2 bathrooms)
                          Flat 5e (second floor)                2 bed flat                                 48.33    520
                                                                (1 double, 1 single, 1 bathroom)
                          Flat 5f (third/fourth floor)          3 bed split level flat                     91.88    989
                                                                (2 doubles, 1 single, 2 bathrooms)
                          Flat 5g (third/fourth floor)          3 bed split level flat                     80.50    989
                                                                (1 double, 2 singles, 2 bathrooms)

                          TOTAL G R OS S INTER NAL AR EA                                                   710.8    7,651
3-5 Westbourne Gardens,
Bayswater, W2 5NR

Investment Summary        Services & Legal
Location & Transport
                          Services
                          It is our understanding that mainswater, electricity and drainage
Gallery
                          are provided, although it will be the responsibility of the purchaser
                          to ensure they are adequate for any future use of the property.
Floorplans
                          Local Authority
Accommodation Schedule    City of Westminster
                          Westminster City Hall,

  Services & Legal        64 Victoria Street,
                          London, SW1E 6QP

Contact Us
                          Postal Address
                          3-5 Westbourne Gardens,
                          London W2 5NR

                          Inspection
                          The property may be inspected strictly by prior
                          appointment only through the vendor’s sole selling
                          agents, Black Brick Property Solutions LLP.

                          AML
                          A successful bidder will be required to provide the usual information
                          to satisfy the AML requirements when Heads of Terms are agreed.
Contact Us

     Camilla Dell                 Caspar Harvard-Walls                    Hamish Bruce
  MA NA GING PARTNER                        PAR T N E R                     H EA D OF S A L ES

camilla.dell@black-brick.com   caspar.harvard-walls@black-brick.com   hamish.bruce@black-brick.com
  T: +44 (0)203 141 9860              T: +44 (0)203 141 9864            T: +44 (0)203 141 9868
 M: +44 (0)7887 827 176              M: +44 (0)7827 277 741             M: +44 (0)7432 523 559
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