All about Bayswater

I’m often asked where I believe is a good place to invest in London property. There are multiple areas that could make good investments; however, Bayswater is always one that is at the top of my recommended list. It’s very central, has beautiful period housing stock, and is the last area around Hyde Park to go prime (although this is quickly changing). Bayswater is not only a potentially great place to invest – but also a fantastic place to live. 

Location

 Bayswater has brilliant neighbours. Marylebone to the east, famous for its upmarket village atmosphere, and Notting Hill to the west, renowned for its bohemian/Instagram worthy atmosphere. It’s also one of the few areas that enjoy direct access into Hyde Park/Kensington Gardens. In a world full of lockdown and outdoor socialising, the park has been a sanctuary for Londoners. 

Although it’s well surrounded, there’s plenty to do in Bayswater itself. Connaught Village is a great destination for independent shopping, drinking and eating. It offers a great range of art venues, independent shopping boutiques, specialist wine merchants and restaurants. Queensway acts as Bayswater’s unofficial high street. It’s in the process of multibillion pound transformation, with two super prime developments currently being built on either side (more on this below). It’s not the greatest street now, however the plans are to make it into a high-end retail street. There is still a good selection now, including a Barry’s Bootcamp, a Boots as well as a selection of supermarkets/restaurants. 

The area is served by three tube stations.

Lancaster Gate (Central Line) 

Queensway (Central Line)

Bayswater (Circle and District Lines)  

Housing

Bayswater arguably has some of the best housing stock in London – a mix of Georgian garden squares and terraces, mews houses and new builds. The white stucco houses have mostly been converted into apartments, with the first-floor apartments being the most desirable due to the high ceilings, large windows and terraces. The area has plenty of hotels, many of which have now been converted into residential buildings. These developments have kept their historic facades but have been totally redeveloped from the inside, benefiting from modern amenities such as air conditioning. 

The area has also become home to several high-end developments. The first development to go prime was The Lancasters, a beautiful white stucco building that has views over Hyde Park. The front façade was retained as the buildings are listed, making this one of Europe’s longest façade developments. Since then, there have been a few boutique developments, however the two largest that are currently being built are Park Modern and The Whitley. Both developments are located on either side of Queensway, a big indication of the change that is coming to the street. 

The future 

While no one has the power of a crystal ball, I’m a big believer in the potential of Bayswater in the future. In comparison to the other locations around Hyde Park (Mayfair, Knightsbridge, South Kensington, and Kensington), it’s the last one to go prime. The housing stock is equally as good (someone argue that Bayswater has better housing stock). There is a lot of development currently happening in Bayswater, so it is quickly joining the prime status that its neighbours enjoy. Even now, it is a fantastic place to live. 

It’s important to note that potential buyers in Bayswater need the right advice to ensure they are buying the best possible property. If you are interested in learning more about the area, please get in contact here.