3 reasons to invest in property in Bayswater


Bayswater is fast becoming one of the most desirable places to live in UK. Situated in West London on the north side of Hyde Park, in the boroughs of Westminster and Kensington, Bayswater is a cosmopolitan hotspot with large American, Greek, Arab and Brazilian communities. Here are three reasons to consider buying property in Bayswater.

Popular location: Given its central location and close proximity to Hyde Park and Kensington Gardens, Bayswater is popular with affluent Londoners and overseas buyers. Although prices here are rather steep, they are more affordable than close neighbours – Mayfair, Marylebone and Notting Hill, and it is a good area if it is within your price range. The average property price in Bayswater was just over £1,200,000 in 2014.

Beautiful property: The wide streets and crescents in Bayswater are characterized by elegant, white Georgian stucco terraced houses, majority of which are divided into flats. These range from spruced up studios to spacious apartments with 2 – 4 bedrooms. Bayswater also has brand new, contemporary apartment blocks for those looking for something edgy. Prices vary greatly in Bayswater. First floor flats tend to be more expensive as they have high ceilings and balconies. Studio flats go for around £350,000; two-bedroom flats are approximately £1,160,000, whilst four-bedroom properties are sold for an average of £3,200,000.

Transport and Leisure: Bayswater is well connected to its surroundings – Queensway and Lancaster Gate situated nearby are on the Central Line, whilst Bayswater is on the District and Circle Line. Residents can walk to work in the West End, Kensington and Knightsbridge, and Heathrow is just a 15 minute train ride from Paddington. With the opening of Crossrail in 2018, Canary Wharf will just be 15 minutes away. There is much to do around Bayswater for leisure, with shopping and entertainment at Whiteleys shopping centre, and several bars and ethnic restaurants along Queensway and Westbourne Grove.

If you are interested in buying property in Bayswater, contact Cavendish Rowe – experienced independent estate agents who deal with property in Bayswater and surrounding areas in Central London.