Bayswater is a wonderful location very well connected by transport. In 10 mins in any direction you can be on the canal in Little Venice - 10 mins another direction will take you right in the heart of Notting Hill - Portobello Road, 10 mins another will take right into Hyde Park, And the other will lead you right into Paddington and further still to Oxford Street.
Bayswater Has loads of Restaurants, Cafe's, Bakeries, and going towards the direction of Portobello Road, nice Boutiques, and then of course the Portobello Market. The neighborhood has much to offer because the location is so central, yet still feels like charming West London architecture on the Residential streets.
It offers people visiting London an easy location to get to all directions of London quickly, to make the most of your time and trip with ease.
If you fancy just walking the canal and stopping in wonderful neighborhoods along the way you can go to Little Venice, Hop back on the Canal and walk to Regents Park... get back on the Canal and 10 min later be right in the heart of Camden Market and Stables. You can easily get to different parts of London just by going through Hyde Park which is massive.