This pretty building sits at the end of an extremely well-respected cul-de-sac in Kensington. The entire building was purchased by a client of Allied Property and was exchanged within 4 days of inspection. The building is arranged as 7 flats, 6 of the flats were vacant and 1 had a regulated tenant in occupation. The property was purchased as an asset management project to create a solid income for the purchasing client of Allied Property.
The purchaser in this instance is very experienced in the Kensington area and more importantly, is willing to buy what others perceive as ‘problem properties’. Allied Property have a number of clients who will take on what others perceive as deal-breaking issues and turn them around to their advantage. If you have any similar properties anywhere in Central London please contact a member of the Allied team.