23 bed multiple sale units for sale Hyde Park, Lancaster Gate, Bayswater, London
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About this property
A rare unbroken freehold on Lancaster Gate, this Grade II listed white stucco building comprises 23 self-contained studio and one-bedroom apartments arranged across the lower ground, ground and four upper floors. Positioned moments from Hyde Park, the property combines immediate income generation with considerable long-term repositioning potential in one of central London’s most established residential neighbourhoods. Extending to approximately 9,150 sq ft GIA, the building is fully occupied and currently producing approximately £505,000 per annum from a portfolio of residential tenancies.
Floorplan
Price guide
£1,038 per sq ft, below the middle of recent sales in W2 (£763–£2,044, 10th–90th percentile, 727 sales over 24 months).
Lowest and highest are the 10th and 90th percentiles of 727 homes sold in W2 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in W2 →
Location
Hyde Park, Lancaster Gate, Bayswater, London, W2 3LP
- Council tax
- Band D (Approx £1,050/year)The agent has not stated the band, so band D is shown as the local reference: Westminster's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
A £8,550,000 mortgage. Most lenders would want a household income of about £1,900,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales in W2 3LP. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Flat 17, 33 - 35, Lancaster Gate Flat / maisonette | Flat / maisonette | Aug 2025 | 1,055 sq ft £1,730/sq ft | 1,055 sq ft | £1,730 | £1,825,000 |
| Flat 20, 33 - 35, Lancaster Gate Flat / maisonette | Flat / maisonette | Oct 2024 | 893 sq ft £1,304/sq ft | 893 sq ft | £1,304 | £1,165,000 |
| Flat 11, 33 - 35, Lancaster Gate Flat / maisonette | Flat / maisonette | Jun 2024 | — | — | — | £2,725,000 |
| Flat 7, 33 - 35, Lancaster Gate Flat / maisonette | Flat / maisonette | Feb 2017 | 484 sq ft £1,290/sq ft | 484 sq ft | £1,290 | £625,000 |
| Flat 19, 33 - 35, Lancaster Gate Flat / maisonette | Flat / maisonette | Jan 2017 | — | — | — | £1,200,000 |
| Flat 3, 22, Lancaster Gate Flat / maisonette | Flat / maisonette | May 2016 | 904 sq ft £1,360/sq ft | 904 sq ft | £1,360 | £1,230,000 |
| Flat 16, 33 - 35, Lancaster Gate Flat / maisonette | Flat / maisonette | Nov 2015 | — | — | — | £1,600,000 |
| Flat 17, 33 - 35, Lancaster Gate Flat / maisonette | Flat / maisonette | Sept 2014 | 1,055 sq ft £1,564/sq ft | 1,055 sq ft | £1,564 | £1,650,000 |
Area insights
The neighbourhood around this property.



