For years Bayswater had quite a poor reputation due to its location neighbouring more valuable areas in the City of Westminster. Attitudes have changed dramatically more recently though. Investors have come in to create luxury flats where once there were low cost hotels. The shopping in the area has improved too.
A rival to prime areas
The strange thing about Bayswater is it is home to similar properties to those that people love in Belgravia and Notting Hill. Consequently, it has some really grand white stucco terraces and homes around garden squares. Although very similar properties, the difference in prices between the areas is incredible.
The more affordable prices in the area make it an interesting investment option. Growth could see the gap close between these homes and those in more prestigious locations. This would translate into healthy capital returns. On top of this there is rental potential because of the incredible location and local amenities.
The biggest benefit of living in Bayswater is the fact that there are two huge parks on the doorstep. There is easy access to 350 acres of open space at Hyde Park or you can opt for the 242 acres of Kensington Gardens. Between the two you can enjoy various sport and leisure activities, art and architecture, and an array of different events.
Living in such a central location is great for families. There are plenty of schools in the local area, including primaries and comprehensives with excellent ratings. There are also private schools including the very popular Wetherby pre-prep for boys and Pembridge Hall for girls from age 4 to 11.
Finefair appreciates that Bayswater can offer plenty of attractive things for investors. We are here to help, offering services to suit different investment plans. The thing that makes us different from other providers is we are the very best for estate management City of Westminster has to offer. We specialise in this area, taking on the challenges of managing estates.
If you have a specific need for estate management in the area or would like advice about investing in the City of Westminster, we are happy to help. Contact our team today.