Queens Gardens Project – Bayswater, London

Queens Gardens Project, presented by Proximate Investment, is a rare Grade 2 listed freehold building on one of London's most prestigious residential streets in Bayswater. Currently operating as an E-class commercial office spanning 6,750 sqft / 630 sqm, the building is planned for conversion into 8–12 luxury apartments (C3 residential) or serviced apartments (C1), with a potential mansard extension bringing the total area to approximately 750–800 sqm. The only freehold block on an otherwise entirely residential street, the building comprises a basement, ground floor and 4 upper floors. Purchase price is £6,450,000. Local comparable sales exceed £2,000 per sqft, with a target all-in cost of £1,300 per sqft. Located 2 minutes from Hyde Park and 10 minutes from Paddington Station.