Vabel Queensway, completing Q4 2025, delivers 1–3 bed flats in W2 beside Queensway and Bayswater stations (both under 150 m, Zone 1), giving fast access to Paddington and strong rental demand in the Queensway Estate regeneration area.
Central Bayswater location 800 m from Kensington Gardens and 1.4 km from Paddington, with 24 hour concierge, communal garden, 251 m² retail and 475 m² offices, positions Vabel Queensway for above average capital growth and resilient yields.
Just steps from tube stations, with Hyde Park, cafés and boutiques right around the corner. Perfect for living and investment alike.
Vabel in Bayswater, West London, is located in Zone 1 with direct connections to all the central districts and existing infrastructure. The new address, at 28–34 Queensway, puts the development just minutes from both Queensway and Bayswater underground stations (both approximately 150 metres away) for convenient access to the rest of London and other transport. The immediately surrounding environment incorporates a combination of residential character with retail and hospitality, providing heavy livability appeal and ultimately making it the right mix for this long-term investment.
The development is situated near several major green spaces, including Kensington Gardens, which is about 800 metres away, and Hyde Park, within walking distance. The location is undergoing change, as part of the Queensway Estate redevelopment scheme, which has detailed capital growth in the medium to long term and enhance public realm. The schools, cafés, retail spaces, and cultural venues help drive consistent demand, which should appeal to a buyer looking for central London access paired with lifestyle amenities.
The project is a six-story mixed-use redevelopment that features 27 private apartments and 3 affordable units, which work together to create a low-density residential space in the city's centre. The building combines residential, retail, and office with 251 square metres of retail space and approximately 475 square metres of office accommodation at ground level, forming a mixed-use vibrant mechanism. The architectural vernacular merges classical and contemporary, both in a nod to Victorian shopfronts, yet also referencing modern residential architecture.
Apartments come in one-bedroom, two-bedroom, and three-bedroom layouts to suit different lifestyle needs. Spaces are designed with natural light, functional zoning, and space efficiency in mind for everyday usability and comfort. Axl House Apartments come with roof terraces and landscaped communal areas as well. The structured design approach offers the property a sophisticated residential feel in this central London location.
Offering the amenities necessary for everyday living and social programming, each building presents residents with selective offerings. The development will feature 24-hour concierge service, landscaped communal gardens with seating areas, and separately designated social spaces where residents can relax, creating a secure and community-oriented environment. Outdoor spaces are woven into the scheme for well-being and urban escape.
Ground-level retail and office elements add convenience and functionality, minimizing the need for outside travel to access basic services. The area beyond offers many cafes, restaurants, and cultural destinations that help sustain a healthy lifestyle. Strong transport links also enhance the development's attractiveness to residents and investors looking for central positioning, with a host of major London landmarks located within walking distance.
The development takes place in one of the most well-established residential areas of London, enjoying both regeneration activity and continued demand. With the redevelopment of this town centre-linked estate, we believe it will add to the ongoing long-term growth prospects for capital appreciation and rental performance in the area. The location also has the potential for rental yields in the range of around 2.5–4.5% per annum and price growth in the range of 5–10% yearly, according to available data.
With the development process complete, the building is ready to go — allowing for immediate occupation or rental activation and diminishing holding periods for investors. This mix of centrality, transport accessibility, and mixed-use also adds to a stable investment profile. This ensures that sound decisions can be drawn through reference to a forced, detailed map of the surrounding infrastructure, alongside visual material. The scheme fits high-end residential development in core London locations.
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Community Green Space: Residents can enjoy a 200 sqm communal garden designed for interaction and leisure.
Vabel Queensway Ltd has submitted plans for minor adjustments to the previously approved 2022 scheme, aiming to enhance the quality of accommodation, refine architectural elements, and boost sustainability features.
Vabel, established in 2009, has secured a substantial £48.3 million loan from OakNorth to develop a new site on Queensway in Bayswater, London W2. With a history of completing over 300 homes across the region, this new project represents a significant expansion in their portfolio.
VABEL is making significant strides at the 28-34 Queensway site in Bayswater, London W2, as showcased in the latest photo update from January 2024. The demolition of old buildings is well underway, marking a crucial phase in the development process.
The transformation of this prime location promises to bring new life and contemporary vibrancy to Bayswater. Stay tuned for further updates as VABEL continues to shape the future of 28-34 Queensway.
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